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Public records show 25, David Street, Wallsend to be an early-century leasehold apartment with 538 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
25, David Street, Wallsend has an estimated sale value of £73,015 and an estimated rental value of £571 per month, assuming reasonable condition and based on the information available.
David Street, Wallsend, NE28 lies in the borough of North Tyneside, within the NE28 postal district.
25, David Street, Wallsend has a single entry in the Land Registry from October 2017 and a single entry in the EPC database dated May 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 25, David Street, Wallsend would be worth £76,666, with a potential rental value of £599 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £67,904, with a rental value of £531 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 25, David Street, Wallsend has grown by £131 (0.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £21 (3.7%). The property's estimated gross yield is currently 9.4%.
25, David Street, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 May 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
25, David Street, Wallsend last changed hands on 18th October 2017, selling for £50,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 27.6% since October 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 370 metres of 25, David Street, Wallsend across the last 2 years.
Most recently, 35, David Street, Wallsend, NE28 8RA, a leasehold flat, sold at £71,500 on the 29th November 2024.
Read more about house prices in NE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 25, David Street, Wallsend as the 23rd largest and the 23rd most expensive of the 32 addresses on David Street, Wallsend, NE28.
Against the NE28 postcode district average, it is £81k less expensive than the typical property.
Northumberland Park (Tyne & Wear) station is the nearest stop to 25, David Street, Wallsend at 4.7 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 25, David Street, Wallsend, 46.7% of property is privately rented and 26.0% is privately owned with a mortgage.
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 25, David Street, Wallsend, 21.8% of residents are recorded as possessing school level qualifications and 37.5% 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 25, David Street, 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 25, David Street, 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 25, David Street, Wallsend, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.