28, Oak Grove
28, Oak Grove
Description & Estimates
28, Oak Grove, Wallsend is recorded publicly as a mid-century freehold house across 818 ft2 of internal area, sitting on a 71.1 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 28, Oak Grove, Wallsend is £125,168 and its rental estimate is £808 per month, given the available information and assuming reasonable condition.
Oak Grove, Wallsend, NE28 falls within the NE28 postal district, in the borough of North Tyneside.
Our Data Sources
28, Oak Grove, Wallsend has 41 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated March 2022.
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.
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 28, Oak Grove, Wallsend, we estimate a market value of £131,426 and a rental value of £848 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £116,406 and £751 per month respectively.
Recent Market Change
Over the last year, 28, Oak Grove, Wallsend has seen its estimated sale value grow by £177 (0.1%) and its estimated rental value climb by £31 per month (3.9%). This results in an estimated gross rental yield of 7.7%.
Plot Size
HM Land Registry records the plot of land for 28, Oak Grove, Wallsend as measuring 71 m2.
That makes it the 11th largest plot in the postcode, where all 11 other houses have recorded plot data.
Energy Efficiency
28, Oak Grove, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 28, Oak Grove, Wallsend completed on 29th October 2024 at £135,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 12.2% over the period since October 2024.
- Sold Oct 2024£135,000
- Sold Nov 2019£90,000
- Sold Oct 2014£90,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 28, Oak Grove, Wallsend have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th July 2024, was 12, Oak Grove, Wallsend, NE28 6PW, a freehold house which sold for £102,500.
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 13 addresses on Oak Grove, Wallsend, NE28, 28, Oak Grove, Wallsend comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £29k less expensive than the average property across the NE28 district.
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Schools Nearby
- 200mRichardson Dees Primary School
- 400mSt Peter's Church of England Primary School
- 1.1kmCarville Academy
- 300mBurnside College
- 1.9kmWalker Riverside Academy
- 2.4kmBenfield School
More reading links
Public Transport Nearby
From 28, Oak Grove, Wallsend, the nearest station is Northumberland Park (Tyne & Wear), 4.6 kilometres away.
- 4.6kmNorthumberland Park (Tyne & Wear)
- 5.0kmHeworth
- 5.7kmManors
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.
