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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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4, Benton Walk, Wallsend is recorded publicly as a modern freehold house across 957 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Benton Walk, Wallsend is £285,539 and its rental estimate is £1,410 per month, given the available information and assuming reasonable condition.
Benton Walk, Wallsend, NE28 falls within the NE28 postal district, in the borough of North Tyneside.
4, Benton Walk, Wallsend has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 4, Benton Walk, Wallsend, we estimate a market value of £299,816 and a rental value of £1,481 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £265,552 and £1,312 per month respectively.
Over the last year, 4, Benton Walk, Wallsend has seen its estimated sale value rise by £405 (0.1%) and its estimated rental value move up by £54 per month (3.9%). This results in an estimated gross rental yield of 5.9%.
4, Benton Walk, Wallsend has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Apr 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 4, Benton Walk, Wallsend completed on 26th May 2023 at £274,950 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 30.9% over the period since May 2023.
Over the past 2 years 3 properties similar to 4, Benton Walk, Wallsend have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st May 2023, was 6, Benton Walk, Wallsend, NE28 9GB, a freehold house which sold for £279,950.
Read more about house prices in NE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 27 addresses on Benton Walk, Wallsend, NE28, 4, Benton Walk, Wallsend comes out as the 26th largest and the 24th most expensive in our analysis of the public data.
It is also £131k more expensive than the average property across the NE28 district.
From 4, Benton Walk, Wallsend, the nearest station is Northumberland Park (Tyne & Wear), 3.1 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Benton Walk, Wallsend, 51.8% of property is privately owned outright and 33.6% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 4, Benton Walk, Wallsend, 11.5% of residents are recorded as possessing school level qualifications and 31.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 4, Benton Walk, Wallsend, the average age was 40.8 and the most common age was 27.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 4, Benton Walk, Wallsend, 1.4% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 4, Benton Walk, Wallsend, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.
