28, Stephenson Way
28, Stephenson Way
Description & Estimates
Public records show 28, Stephenson Way, Wallsend to be a modern freehold house with 839 ft2 of internal area, sitting on a 199 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
28, Stephenson Way, Wallsend has an estimated sale value of £199,767 and an estimated rental value of £1,155 per month, assuming reasonable condition and based on the information available.
Stephenson Way, Wallsend, NE28 lies in the borough of North Tyneside, within the NE28 postal district.
Our Data Sources
28, Stephenson Way, Wallsend has a single entry in the Land Registry from March 2020 and a single entry in the EPC database dated August 2019.
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
In very good condition, we estimate 28, Stephenson Way, Wallsend would be worth £209,756, with a potential rental value of £1,212 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £185,784, with a rental value of £1,074 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 28, Stephenson Way, Wallsend has increased by £283 (0.1%) over the last year. During the same period, its estimated monthly rental value has grown by £45 (3.9%). The property's estimated gross yield is currently 6.9%.
Plot Size
28, Stephenson Way, Wallsend occupies a 199 m2 plot as recorded by HM Land Registry.
Of the 40 other houses in this postcode, 29 have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
28, Stephenson Way, Wallsend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Aug 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
28, Stephenson Way, Wallsend last changed hands on 31st March 2020, selling for £194,950. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 22.4% since March 2020.
- Sold Mar 2020£194,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 730 metres of 28, Stephenson Way, Wallsend across the last 2 years.
Most recently, 30, Stephenson Way, Wallsend, NE28 9FN, a freehold house, sold at £189,950 on the 19th June 2020.
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
Our analysis of the public data ranks 28, Stephenson Way, Wallsend as the 40th largest and the 37th most expensive of the 40 addresses on Stephenson Way, Wallsend, NE28.
Against the NE28 postcode district average, it is £46k more expensive than the typical property.
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Schools Nearby
- 700mWallsend Jubilee Primary School
- 800mRedesdale Primary School
- 800mSt Bernadette's Catholic Primary, Wallsend
- 2.1kmLongbenton High School
- 2.4kmBurnside College
- 2.6kmBenfield School
More reading links
Public Transport Nearby
Northumberland Park (Tyne & Wear) station is the nearest stop to 28, Stephenson Way, Wallsend at 2.8 kilometres away.
- 2.8kmNorthumberland Park (Tyne & Wear)
- 5.8kmManors
- 6.7kmHeworth
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
