18, Park Avenue
18, Park Avenue
Description & Estimates
18, Park Avenue, Wallsend is recorded publicly as a period freehold house across 1,240 ft2 of internal area, sitting on a 184 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 18, Park Avenue, Wallsend is £229,306 and its rental estimate is £1,229 per month, given the available information and assuming reasonable condition.
Park Avenue, Wallsend, NE28 falls within the NE28 postal district, in the borough of North Tyneside.
Our Data Sources
18, Park Avenue, Wallsend has a single entry in the Land Registry from March 2011 and a single entry in the EPC database dated August 2010.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 18, Park Avenue, Wallsend, we estimate a market value of £240,771 and a rental value of £1,290 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £213,254 and £1,143 per month respectively.
Recent Market Change
Over the last year, 18, Park Avenue, Wallsend has seen its estimated sale value move down by £1,470 (0.6%) and its estimated rental value increase by £38 per month (3.1%). This results in an estimated gross rental yield of 6.4%.
Plot Size
HM Land Registry records the plot of land for 18, Park Avenue, Wallsend as measuring 184 m2.
That makes it the 6th largest plot in the postcode, where 11 of the 12 other houses have recorded plot data.
Energy Efficiency
18, Park Avenue, Wallsend has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 05 Aug 2010.
The property is connected to mains gas and has mostly double glazing. It is heated using Portable electric heaters assumed for most rooms.
Sold Prices
The most recent sale of 18, Park Avenue, Wallsend completed on 31st March 2011 at £135,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 68.1% over the period since March 2011.
- Sold Mar 2011£135,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 18, Park Avenue, Wallsend have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th September 2024, was 14, Prospect Avenue, Wallsend, NE28 8HH, a freehold house which sold for £221,000.
Read more about house prices in NE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 17 addresses on Park Avenue, Wallsend, NE28, 18, Park Avenue, Wallsend comes out as the 9th largest and the 9th most expensive in our analysis of the public data.
It is also £75k more expensive than the average property across the NE28 district.
More reading links
Schools Nearby
- 200mSt Columba's Catholic Primary School, Wallsend
- 500mWestern Community Primary School
- 900mRichardson Dees Primary School
- 1.1kmBurnside College
- 1.5kmBenfield School
- 1.7kmWalker Riverside Academy
More reading links
Public Transport Nearby
From 18, Park Avenue, Wallsend, the nearest station is Northumberland Park (Tyne & Wear), 4.3 kilometres away.
- 4.3kmNorthumberland Park (Tyne & Wear)
- 5.0kmManors
- 5.0kmHeworth
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
