40, Lancaster Drive
40, Lancaster Drive
Description & Estimates
Public records show 40, Lancaster Drive, Wallsend to be a modern freehold house with 861 ft2 of internal area, sitting on a 271 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
40, Lancaster Drive, Wallsend has an estimated sale value of £240,960 and an estimated rental value of £1,275 per month, assuming reasonable condition and based on the information available.
Lancaster Drive, Wallsend, NE28 lies in the borough of North Tyneside, within the NE28 postal district.
Our Data Sources
40, Lancaster Drive, Wallsend has 61 entries in the Land Registry , most recently in July 2018 and a single entry in the EPC database dated March 2015.
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.
Price Range & Condition
In very good condition, we estimate 40, Lancaster Drive, Wallsend would be worth £253,008, with a potential rental value of £1,339 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £224,093, with a rental value of £1,186 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 40, Lancaster Drive, Wallsend has moved up by £341 (0.1%) over the last year. During the same period, its estimated monthly rental value has increased by £49 (3.9%). The property's estimated gross yield is currently 6.4%.
Plot Size
40, Lancaster Drive, Wallsend occupies a 271 m2 plot as recorded by HM Land Registry.
All 50 other houses in this postcode have recorded plot sizes, and this one ranks as the 17th largest.
Energy Efficiency
40, Lancaster Drive, Wallsend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Mar 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
40, Lancaster Drive, Wallsend last changed hands on 16th July 2018, selling for £195,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 6 times since 1995.
The market for similar properties has dropped by 19.0% since July 2018.
- Sold Jul 2018£195,000
- Sold Aug 2015£178,000
- Sold Mar 2005£165,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 690 metres of 40, Lancaster Drive, Wallsend across the last 2 years.
Most recently, 27, Lancaster Drive, Wallsend, NE28 9TE, a freehold house, sold at £247,000 on the 1st August 2025.
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 40, Lancaster Drive, Wallsend as the 61st largest and the 45th most expensive of the 121 addresses on Lancaster Drive, Wallsend, NE28.
Against the NE28 postcode district average, it is £87k more expensive than the typical property.
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Schools Nearby
- 400mHadrian Park Primary School
- 800mBattle Hill Primary School
- 1.5kmSt Aidan's Catholic Primary School, Wallsend
- 2.4kmBurnside College
- 2.6kmSt Thomas More Catholic High School
- 3.1kmNorham High School
More reading links
Public Transport Nearby
Northumberland Park (Tyne & Wear) station is the nearest stop to 40, Lancaster Drive, Wallsend at 1.9 kilometres away.
- 1.9kmNorthumberland Park (Tyne & Wear)
- 6.7kmSeaton Delaval
- 7.4kmManors
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.
