3 Chesters, Wallsend
3 Chesters, Wallsend
Description & Estimates
According to the public record, 3 Chesters, Wallsend is a mid-century leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3 Chesters, Wallsend is £61,475 and the estimated rental value is £517 per month.
The apartment is within Chesters, Engine Inn Road, Wallsend, NE28.
Engine Inn Road, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
Our Data Sources
3 Chesters, Wallsend has 31 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated March 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3 Chesters, Wallsend is in very good condition we estimate a sale value of £64,549 and a rental value of £543 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £57,172 and a rental value of £481 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3 Chesters, Wallsend has fallen by £432 (0.7%), while its estimated rental value has moved up by £14 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 10.1%.
Energy Efficiency
3 Chesters, Wallsend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Mar 2015.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 3 Chesters, Wallsend was last sold on 26th January 2024 for £57,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since January 2024, the market for similar properties has risen by 63.7%.
- Sold Jan 2024£57,500
- Sold Jun 2006£65,000
- Sold Jun 2004£55,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Chesters, Wallsend within a radius of 530 metres over the last 2 years.
The most recent example is 6 Chesters, Engine Inn Road, Wallsend, NE28 7EL, a leasehold flat which sold for £55,000 on the 21st June 2024.
Read more about house prices in NE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Engine Inn Road, Wallsend, NE28 has a total of 27 addresses. According to our analysis of all the public data, 3 Chesters, Wallsend is the 24th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in NE28.
More reading links
Schools Nearby
- 300mSt Aidan's Catholic Primary School, Wallsend
- 800mDenbigh Community Primary School
- 900mBattle Hill Primary School
- 1.2kmBurnside College
- 2.3kmNorham High School
- 2.6kmSt Thomas More Catholic High School
More reading links
Public Transport Nearby
The closest station to 3 Chesters, Wallsend is Northumberland Park (Tyne & Wear) station, which is 3.4 kilometres away.
- 3.4kmNorthumberland Park (Tyne & Wear)
- 6.5kmHeworth
- 7.0kmManors
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
