29, Matfen Gardens
29, Matfen Gardens
Description & Estimates
29, Matfen Gardens, Wallsend is described in the public record as a mid-century apartment with 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 29, Matfen Gardens, Wallsend is £64,529 and its rental estimate is £526 per month, given the available information and assuming reasonable condition.
Matfen Gardens, Wallsend, NE28 falls within the NE28 postal district, in the borough of North Tyneside.
Our Data Sources
29, Matfen Gardens, Wallsend has no records in the the Land Registry and a single entry in the EPC database dated August 2022.
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
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 29, Matfen Gardens, Wallsend, we estimate a market value of £67,756 and a rental value of £552 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £60,012 and £489 per month respectively.
Recent Market Change
Over the last year, 29, Matfen Gardens, Wallsend has seen its estimated sale value move down by £547 (0.8%) and its estimated rental value increase by £14 per month (2.6%). This results in an estimated gross rental yield of 9.8%.
Energy Efficiency
29, Matfen Gardens, Wallsend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 29, Matfen Gardens, Wallsend have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th March 2024, was 20, Portland Close, Wallsend, NE28 0QY, a leasehold flat which sold for £55,000.
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 104 addresses on Matfen Gardens, Wallsend, NE28, 29, Matfen Gardens, Wallsend comes out as the 73rd largest and the 78th most expensive in our analysis of the public data.
It is also £90k less expensive than the average property across the NE28 district.
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Schools Nearby
- 100mSt Aidan's Catholic Primary School, Wallsend
- 800mDenbigh Community Primary School
- 1.0kmBattle Hill Primary School
- 1.6kmBurnside College
- 2.0kmNorham High School
- 2.2kmSt Thomas More Catholic High School
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Public Transport Nearby
From 29, Matfen Gardens, Wallsend, the nearest station is Northumberland Park (Tyne & Wear), 3.2 kilometres away.
- 3.2kmNorthumberland Park (Tyne & Wear)
- 6.9kmHeworth
- 7.4kmManors
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.
