3, Park Avenue
3, Park Avenue
Description & Estimates
According to the public record, 3, Park Avenue, Wallsend is a period freehold house with 1,819 ft2 of internal area and sits on a 127 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Park Avenue, Wallsend is £280,699 and the estimated rental value is £1,545 per month.
Park Avenue, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
Our Data Sources
3, Park Avenue, Wallsend has 21 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated May 2022.
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, Park Avenue, Wallsend is in very good condition we estimate a sale value of £294,734 and a rental value of £1,622 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,050 and a rental value of £1,437 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Park Avenue, Wallsend has fallen by £1,871 (0.7%), while its estimated rental value has moved up by £43 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 6.6%.
Plot Size
According to data from HM Land Registry, 3, Park Avenue, Wallsend sits on a plot of 127 m2.
We have plot size data on 11 out of 12 other houses in the postcode and 3, Park Avenue, Wallsend sits on the 9th largest plot.
Energy Efficiency
3, Park Avenue, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 3, Park Avenue, Wallsend was last sold on 10th January 2023 for £252,250 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2023, the market for similar properties has risen by 12.7%.
- Sold Jan 2023£252,250
- Sold Jul 2003£100,000
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, Park Avenue, Wallsend within a radius of 500 metres over the last 2 years.
The most recent example is 1, Park View, Wallsend, NE28 8DD, a freehold house which sold for £300,000 on the 2nd June 2023.
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
Park Avenue, Wallsend, NE28 has a total of 17 addresses. According to our analysis of all the public data, 3, Park Avenue, Wallsend is the 5th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £127k more expensive than the average property in NE28.
More reading links
Schools Nearby
- 200mSt Columba's Catholic Primary School, Wallsend
- 500mWestern Community Primary School
- 900mRichardson Dees Primary School
- 1.1kmBurnside College
- 1.5kmBenfield School
- 1.7kmWalker Riverside Academy
More reading links
Public Transport Nearby
The closest station to 3, Park Avenue, Wallsend is Northumberland Park (Tyne & Wear) station, which is 4.3 kilometres away.
- 4.3kmNorthumberland Park (Tyne & Wear)
- 5.0kmManors
- 5.0kmHeworth
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
