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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 22, Tiberius Close, Wallsend is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 615 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 22, Tiberius Close, Wallsend is £93,762 and the estimated rental value is £578 per month.
Tiberius Close, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
22, Tiberius Close, Wallsend has 51 entries in the Land Registry , most recently in October 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 22, Tiberius Close, Wallsend is in very good condition we estimate a sale value of £98,450 and a rental value of £607 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,199 and a rental value of £537 per month.
Over the last 12 months the sale value of 22 Tiberius Close Wallsend has decreased by an estimated £206 (0.2%) and its rental value has increased by an estimated £18 per month (3.1%), giving an expected gross yield of 7.4%.
According to HM Land Registry, 22, Tiberius Close, Wallsend was last sold on 10th October 2014 for £62,500 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since October 2014, the market for similar properties has risen 17.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Tiberius Close, Wallsend within a radius of 450 metres over the last 2 years.
The most recent example is 28, Tiberius Close, Wallsend, NE28 6RH, a leasehold flat which sold for £89,950 on the 27th March 2024.
Read more about house prices in NE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tiberius Close, Wallsend, NE28 has a total of 36 addresses. According to our analysis of all the public data, 22, Tiberius Close, Wallsend is the 10th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £60k less expensive than the average property in NE28.
The closest station to 22, Tiberius Close, Wallsend is Heworth station which is 4.3 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 22, Tiberius Close, Wallsend, 39.4% of property is socially rented and 22.6% is privately rented.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 22, Tiberius Close, Wallsend, 21.1% of residents are recorded as possessing school level qualifications and 26.9% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 22, Tiberius Close, Wallsend, the average age was 42.4 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 22, Tiberius Close, Wallsend, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 22, Tiberius Close, Wallsend, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
