38, Burn Terrace
38, Burn Terrace
Description & Estimates
Public records show 38, Burn Terrace, Wallsend to be a period leasehold apartment with 861 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
38, Burn Terrace, Wallsend has an estimated sale value of £71,715 and an estimated rental value of £600 per month, assuming reasonable condition and based on the information available.
Burn Terrace, Wallsend, NE28 lies in the borough of North Tyneside, within the NE28 postal district.
Our Data Sources
38, Burn Terrace, Wallsend has 71 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated December 2024.
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
In very good condition, we estimate 38, Burn Terrace, Wallsend would be worth £75,301, with a potential rental value of £630 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £66,695, with a rental value of £558 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 38, Burn Terrace, Wallsend has risen by £7 (0.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £23 (3.8%). The property's estimated gross yield is currently 10.0%.
Energy Efficiency
38, Burn Terrace, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Dec 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
38, Burn Terrace, Wallsend last changed hands on 18th June 2021, selling for £60,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 7 times since 1995.
The market for similar properties has risen by 30.7% since June 2021.
- Sold Jun 2021£60,000
- Sold Oct 2005£82,000
- Sold Sep 2005£84,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of 38, Burn Terrace, Wallsend across the last 2 years.
Most recently, 60, Stanley Street, Wallsend, NE28 7DD, a leasehold flat, sold at £65,000 on the 29th November 2024.
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
Our analysis of the public data ranks 38, Burn Terrace, Wallsend as the 14th largest and the 17th most expensive of the 47 addresses on Burn Terrace, Wallsend, NE28.
Against the NE28 postcode district average, it is £82k less expensive than the typical property.
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Schools Nearby
- 500mStephenson Memorial Primary School
- 700mDenbigh Community Primary School
- 800mSt Peter's Church of England Primary School
- 1.0kmBurnside College
- 2.3kmNorham High School
- 2.9kmJarrow School
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Public Transport Nearby
Northumberland Park (Tyne & Wear) station is the nearest stop to 38, Burn Terrace, Wallsend at 4.2 kilometres away.
- 4.2kmNorthumberland Park (Tyne & Wear)
- 5.9kmHeworth
- 6.9kmManors
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
