4, Park Avenue
4, Park Avenue
Description & Estimates
Public records show 4, Park Avenue, Wallsend to be a period freehold house with 1,323 ft2 of internal area, sitting on a 126 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
4, Park Avenue, Wallsend has an estimated sale value of £236,573 and an estimated rental value of £1,268 per month, assuming reasonable condition and based on the information available.
Park Avenue, Wallsend, NE28 lies in the borough of North Tyneside, within the NE28 postal district.
Our Data Sources
4, Park Avenue, Wallsend has 2 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated August 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
In very good condition, we estimate 4, Park Avenue, Wallsend would be worth £248,401, with a potential rental value of £1,331 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £220,013, with a rental value of £1,179 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 4, Park Avenue, Wallsend has moved down by £1,517 (0.6%) over the last year. During the same period, its estimated monthly rental value has increased by £40 (3.1%). The property's estimated gross yield is currently 6.4%.
Plot Size
4, Park Avenue, Wallsend occupies a 126 m2 plot as recorded by HM Land Registry.
Of the 12 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 10th largest.
Energy Efficiency
4, Park Avenue, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Aug 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
4, Park Avenue, Wallsend last changed hands on 10th January 2023, selling for £210,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 23.9% since January 2023.
- Sold Jan 2023£210,000
- Sold Aug 2008£140,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 500 metres of 4, Park Avenue, Wallsend across the last 2 years.
Most recently, 6, Park Avenue, Wallsend, NE28 8DE, a freehold house, sold at £250,000 on the 25th August 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
Our analysis of the public data ranks 4, Park Avenue, Wallsend as the 8th largest and the 8th most expensive of the 17 addresses on Park Avenue, Wallsend, NE28.
Against the NE28 postcode district average, it is £83k more expensive than the typical property.
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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
Northumberland Park (Tyne & Wear) station is the nearest stop to 4, Park Avenue, Wallsend at 4.3 kilometres away.
- 4.3kmNorthumberland Park (Tyne & Wear)
- 5.0kmManors
- 5.0kmHeworth
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
