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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4 Stanwix, Wallsend is £62,977 and the estimated rental value is £528 per month.
The apartment is within Stanwix, Engine Inn Road, Wallsend, NE28.
Engine Inn Road, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
4 Stanwix, Wallsend has 31 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated July 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.
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 4 Stanwix, Wallsend is in very good condition we estimate a sale value of £66,126 and a rental value of £555 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £58,569 and a rental value of £491 per month.
Over the past 12 months, the estimated sale value of 4 Stanwix, Wallsend has moved down by £442 (0.7%), while its estimated rental value has increased by £15 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 10.1%.
4 Stanwix, Wallsend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4 Stanwix, Wallsend was last sold on 27th January 2023 for £64,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since January 2023, the market for similar properties has risen by 61.2%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 Stanwix, Wallsend within a radius of 550 metres over the last 2 years.
The most recent example is 6 Chesters, Engine Inn Road, Wallsend, NE28 7EL, a leasehold flat which sold for £55,000 on the 21st June 2024.
Read more about house prices in NE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Engine Inn Road, Wallsend, NE28 has a total of 27 addresses. According to our analysis of all the public data, 4 Stanwix, Wallsend is the 9th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in NE28.
The closest station to 4 Stanwix, Wallsend is Northumberland Park (Tyne & Wear) station, which is 3.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 4 Stanwix, Wallsend, 29.7% of property is privately owned with a mortgage and 29.0% is socially rented.
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 Stanwix, Wallsend, 18.5% of residents are recorded as possessing school level qualifications and 26.5% 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 Stanwix, Wallsend, the average age was 41.3 and the most common age was 57.
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 Stanwix, Wallsend, 1.3% 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 Stanwix, Wallsend, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.