37, Stephenson Way
37, Stephenson Way
Description & Estimates
37, Stephenson Way, Wallsend is recorded publicly as a modern freehold house across 1,044 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 37, Stephenson Way, Wallsend is £226,738 and its rental estimate is £1,256 per month, given the available information and assuming reasonable condition.
Stephenson Way, Wallsend, NE28 falls within the NE28 postal district, in the borough of North Tyneside.
Our Data Sources
37, Stephenson Way, Wallsend has a single entry in the Land Registry from October 2021 and a single entry in the EPC database dated June 2021.
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 37, Stephenson Way, Wallsend, we estimate a market value of £238,075 and a rental value of £1,318 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £210,866 and £1,168 per month respectively.
Recent Market Change
Over the last year, 37, Stephenson Way, Wallsend has seen its estimated sale value move down by £1,454 (0.6%) and its estimated rental value increase by £39 per month (3.1%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
37, Stephenson Way, Wallsend has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Jun 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 37, Stephenson Way, Wallsend completed on 29th October 2021 at £137,865 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 18.7% over the period since October 2021.
- Sold Oct 2021£137,865
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 37, Stephenson Way, Wallsend have sold within a radius of 710 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd December 2021, was 33, Stephenson Way, Wallsend, NE28 9FN, a freehold house which sold for £141,365.
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 40 addresses on Stephenson Way, Wallsend, NE28, 37, Stephenson Way, Wallsend comes out as the 19th largest and the 12th most expensive in our analysis of the public data.
It is also £73k more expensive than the average property across the NE28 district.
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Schools Nearby
- 700mWallsend Jubilee Primary School
- 800mRedesdale Primary School
- 800mSt Bernadette's Catholic Primary, Wallsend
- 2.1kmLongbenton High School
- 2.4kmBurnside College
- 2.6kmBenfield School
More reading links
Public Transport Nearby
From 37, Stephenson Way, Wallsend, the nearest station is Northumberland Park (Tyne & Wear), 2.8 kilometres away.
- 2.8kmNorthumberland Park (Tyne & Wear)
- 5.8kmManors
- 6.7kmHeworth
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
