47, Burn Terrace
47, Burn Terrace
Description & Estimates
47, Burn Terrace, Wallsend is recorded publicly as a period leasehold apartment across 796 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 47, Burn Terrace, Wallsend is £69,419 and its rental estimate is £582 per month, given the available information and assuming reasonable condition.
Burn Terrace, Wallsend, NE28 falls within the NE28 postal district, in the borough of North Tyneside.
Our Data Sources
47, Burn Terrace, Wallsend has a single entry in the Land Registry from December 2017 and a single entry in the EPC database dated August 2017.
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
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 47, Burn Terrace, Wallsend, we estimate a market value of £72,890 and a rental value of £611 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £64,560 and £541 per month respectively.
Recent Market Change
Over the last year, 47, Burn Terrace, Wallsend has seen its estimated sale value rise by £7 (0.0%) and its estimated rental value move up by £22 per month (3.8%). This results in an estimated gross rental yield of 10.1%.
Energy Efficiency
47, Burn Terrace, Wallsend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Aug 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 47, Burn Terrace, Wallsend completed on 15th December 2017 at £62,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 42.8% over the period since December 2017.
- Sold Dec 2017£62,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 47, Burn Terrace, Wallsend have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th November 2024, was 60, Stanley Street, Wallsend, NE28 7DD, a leasehold flat which sold for £65,000.
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
Of the 47 addresses on Burn Terrace, Wallsend, NE28, 47, Burn Terrace, Wallsend comes out as the 21st largest and the 24th most expensive in our analysis of the public data.
It is also £85k less expensive than the average property across the NE28 district.
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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
More reading links
Public Transport Nearby
From 47, Burn Terrace, Wallsend, the nearest station is Northumberland Park (Tyne & Wear), 4.2 kilometres away.
- 4.2kmNorthumberland Park (Tyne & Wear)
- 5.9kmHeworth
- 6.9kmManors
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
