2, Park Villas
2, Park Villas
Description & Estimates
According to the public record, 2, Park Villas, Wallsend is a period house with 2,551 ft2 of internal area and sits on a 461 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Park Villas, Wallsend is £437,146 and the estimated rental value is £2,133 per month.
Park Villas, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
Our Data Sources
2, Park Villas, Wallsend has no records in the the Land Registry and a single entry in the EPC database dated January 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2, Park Villas, Wallsend is in very good condition we estimate a sale value of £459,004 and a rental value of £2,239 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £406,546 and a rental value of £1,983 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Park Villas, Wallsend has declined by £2,913 (0.7%), while its estimated rental value has climbed by £59 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Plot Size
According to data from HM Land Registry, 2, Park Villas, Wallsend sits on a plot of 461 m2.
We have plot size data on 4 out of 6 other houses in the postcode and 2, Park Villas, Wallsend sits on the 4th largest plot.
Energy Efficiency
2, Park Villas, Wallsend has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 07 Jan 2015.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 2, Park Villas, Wallsend within a radius of 470 metres over the last 2 years.
The most recent example is 3, High View, Wallsend, NE28 8SR, a freehold house which sold for £330,000 on the 23rd November 2018.
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
Park Villas, Wallsend, NE28 has a total of 6 addresses. According to our analysis of all the public data, 2, Park Villas, Wallsend is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £283k more expensive than the average property in NE28.
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Schools Nearby
- 500mSt Columba's Catholic Primary School, Wallsend
- 600mRichardson Dees Primary School
- 700mWestern Community Primary School
- 800mBurnside College
- 1.8kmBenfield School
- 1.8kmWalker Riverside Academy
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Public Transport Nearby
The closest station to 2, Park Villas, Wallsend is Northumberland Park (Tyne & Wear) station, which is 4.3 kilometres away.
- 4.3kmNorthumberland Park (Tyne & Wear)
- 5.0kmHeworth
- 5.2kmManors
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
