17, Burn Terrace
17, Burn Terrace
Description & Estimates
According to the public record, 17, Burn Terrace, Wallsend is a period leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 17, Burn Terrace, Wallsend is £67,424 and the estimated rental value is £566 per month.
Burn Terrace, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
Our Data Sources
17, Burn Terrace, Wallsend has 41 entries in the Land Registry , most recently in May 2007 and a single entry in the EPC database dated February 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 17, Burn Terrace, Wallsend is in very good condition we estimate a sale value of £70,795 and a rental value of £595 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £62,704 and a rental value of £527 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 17, Burn Terrace, Wallsend has increased by £7 (0.0%), while its estimated rental value has grown by £22 per month (3.8%). Based on current estimates, the property offers a gross rental yield of 10.1%.
Energy Efficiency
17, Burn Terrace, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Feb 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 17, Burn Terrace, Wallsend was last sold on 21st May 2007 for £89,950 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2007, the market for similar properties has risen by 16.4%.
- Sold May 2007£89,950
- Sold Sep 2005£82,000
- Sold Mar 1998£14,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Burn Terrace, Wallsend within a radius of 500 metres over the last 2 years.
The most recent example is 60, Stanley Street, Wallsend, NE28 7DD, a leasehold flat which sold for £65,000 on the 29th November 2024.
Read more about house prices in NE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Burn Terrace, Wallsend, NE28 has a total of 47 addresses. According to our analysis of all the public data, 17, Burn Terrace, Wallsend is the 30th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in NE28.
More reading links
Schools Nearby
- 500mStephenson Memorial Primary School
- 700mDenbigh Community Primary School
- 800mSt Peter's Church of England Primary School
- 1.0kmBurnside College
- 2.3kmNorham High School
- 2.9kmJarrow School
More reading links
Public Transport Nearby
The closest station to 17, Burn Terrace, Wallsend is Northumberland Park (Tyne & Wear) station, which is 4.2 kilometres away.
- 4.2kmNorthumberland Park (Tyne & Wear)
- 5.9kmHeworth
- 6.9kmManors
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
