3, Cheadle Avenue
3, Cheadle Avenue
Description & Estimates
3, Cheadle Avenue, Wallsend is recorded publicly as a mid-century leasehold house across 1,334 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Cheadle Avenue, Wallsend is £272,316 and its rental estimate is £1,413 per month, given the available information and assuming reasonable condition.
Cheadle Avenue, Wallsend, NE28 falls within the NE28 postal district, in the borough of North Tyneside.
Our Data Sources
3, Cheadle Avenue, Wallsend has 2 entries in the Land Registry , most recently in January 2017 and a single entry in the EPC database dated July 2016.
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 3, Cheadle Avenue, Wallsend, we estimate a market value of £285,932 and a rental value of £1,483 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £253,254 and £1,314 per month respectively.
Recent Market Change
Over the last year, 3, Cheadle Avenue, Wallsend has seen its estimated sale value decline by £1,746 (0.6%) and its estimated rental value climb by £44 per month (3.1%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
3, Cheadle Avenue, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jul 2016.
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 3, Cheadle Avenue, Wallsend completed on 27th January 2017 at £195,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 22.8% over the period since January 2017.
- Sold Jan 2017£195,000
- Sold Jun 2007£190,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Cheadle Avenue, Wallsend have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th September 2022, was 10, Canterbury Avenue, Wallsend, NE28 9QB, a leasehold house which sold for £255,000.
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 109 addresses on Cheadle Avenue, Wallsend, NE28, 3, Cheadle Avenue, Wallsend comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £118k more expensive than the average property across the NE28 district.
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Schools Nearby
- 300mBattle Hill Primary School
- 500mHadrian Park Primary School
- 1.1kmSt Aidan's Catholic Primary School, Wallsend
- 1.9kmBurnside College
- 2.7kmSt Thomas More Catholic High School
- 2.9kmNorham High School
More reading links
Public Transport Nearby
From 3, Cheadle Avenue, Wallsend, the nearest station is Northumberland Park (Tyne & Wear), 2.4 kilometres away.
- 2.4kmNorthumberland Park (Tyne & Wear)
- 7.1kmManors
- 7.1kmHeworth
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.
