3, Elsdon Terrace
3, Elsdon Terrace
Description & Estimates
3, Elsdon Terrace, Wallsend is recorded publicly as a period leasehold apartment across 624 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 3, Elsdon Terrace, Wallsend is £70,147 and its rental estimate is £571 per month, given the available information and assuming reasonable condition.
Elsdon Terrace, Wallsend, NE28 falls within the NE28 postal district, in the borough of North Tyneside.
Our Data Sources
3, Elsdon Terrace, Wallsend has 31 entries in the Land Registry , most recently in May 2013 and a single entry in the EPC database dated September 2015.
We combine this information with that 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 3, Elsdon Terrace, Wallsend, we estimate a market value of £73,654 and a rental value of £599 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £65,236 and £531 per month respectively.
Recent Market Change
Over the last year, 3, Elsdon Terrace, Wallsend has seen its estimated sale value increase by £126 (0.2%) and its estimated rental value grow by £21 per month (3.7%). This results in an estimated gross rental yield of 9.8%.
Energy Efficiency
3, Elsdon Terrace, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Sep 2015.
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, Elsdon Terrace, Wallsend completed on 1st May 2013 at £54,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 48.8% over the period since May 2013.
- Sold May 2013£54,000
- Sold Mar 2007£82,000
- Sold Dec 2005£65,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Elsdon Terrace, Wallsend have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th December 2022, was 176A, High Street West, Wallsend, NE28 8HZ, a leasehold flat which sold for £71,000.
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 12 addresses on Elsdon Terrace, Wallsend, NE28, 3, Elsdon Terrace, Wallsend comes out as the 12th largest and the 12th most expensive in our analysis of the public data.
It is also £84k less expensive than the average property across the NE28 district.
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Schools Nearby
- 300mCarville Academy
- 400mWestern Community Primary School
- 800mSt Columba's Catholic Primary School, Wallsend
- 1.0kmWalker Riverside Academy
- 1.3kmBenfield School
- 1.4kmBurnside College
More reading links
Public Transport Nearby
From 3, Elsdon Terrace, Wallsend, the nearest station is Heworth, 4.3 kilometres away.
- 4.3kmHeworth
- 4.6kmManors
- 5.0kmNorthumberland Park (Tyne & Wear)
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.
