3, Park Villas
3, Park Villas
Description & Estimates
According to the public record, 3, Park Villas, Wallsend is a period freehold house with 3,487 ft2 of internal area and sits on a 477 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Park Villas, Wallsend is £515,509 and the estimated rental value is £2,449 per month.
Park Villas, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
Our Data Sources
3, Park Villas, Wallsend has 21 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated August 2020.
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
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 Villas, Wallsend is in very good condition we estimate a sale value of £541,284 and a rental value of £2,571 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £479,423 and a rental value of £2,277 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Park Villas, Wallsend has dropped by £3,305 (0.6%), while its estimated rental value has risen by £76 per month (3.1%). Based on current estimates, the property offers a gross rental yield of 5.7%.
Plot Size
According to data from HM Land Registry, 3, Park Villas, Wallsend sits on a plot of 477 m2.
We have plot size data on 4 out of 6 other houses in the postcode and 3, Park Villas, Wallsend sits on the 3rd largest plot.
Energy Efficiency
3, Park Villas, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Aug 2020.
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 Villas, Wallsend was last sold on 11th December 2020 for £445,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2020, the market for similar properties has dropped by 17.4%.
- Sold Dec 2020£445,000
- Sold Nov 2006£360,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 3, Park Villas, Wallsend within a radius of 460 metres over the last 2 years.
The most recent example is West Villa, The Green, Wallsend, NE28 7PG, a freehold house which sold for £350,000 on the 12th April 2019.
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 Villas, Wallsend, NE28 has a total of 6 addresses. According to our analysis of all the public data, 3, Park Villas, Wallsend is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £361k more expensive than the average property in NE28.
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Schools Nearby
- 500mSt Columba's Catholic Primary School, Wallsend
- 600mRichardson Dees Primary School
- 700mWestern Community Primary School
- 800mBurnside College
- 1.8kmBenfield School
- 1.8kmWalker Riverside Academy
More reading links
Public Transport Nearby
The closest station to 3, Park Villas, Wallsend is Northumberland Park (Tyne & Wear) station, which is 4.3 kilometres away.
- 4.3kmNorthumberland Park (Tyne & Wear)
- 5.0kmHeworth
- 5.2kmManors
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
