5, Prospect Avenue
5, Prospect Avenue
Description & Estimates
5, Prospect Avenue, Wallsend is recorded publicly as a period freehold house across 828 ft2 of internal area, sitting on a 230 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Prospect Avenue, Wallsend is £162,132 and its rental estimate is £1,013 per month, given the available information and assuming reasonable condition.
Prospect Avenue, Wallsend, NE28 falls within the NE28 postal district, in the borough of North Tyneside.
Our Data Sources
5, Prospect Avenue, Wallsend has a single entry in the Land Registry from March 2026 and a single entry in the EPC database dated January 2025.
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
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 5, Prospect Avenue, Wallsend, we estimate a market value of £170,239 and a rental value of £1,063 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £150,783 and £942 per month respectively.
Recent Market Change
Over the last year, 5, Prospect Avenue, Wallsend has seen its estimated sale value climb by £230 (0.1%) and its estimated rental value rise by £39 per month (3.9%). This results in an estimated gross rental yield of 7.5%.
Plot Size
HM Land Registry records the plot of land for 5, Prospect Avenue, Wallsend as measuring 230 m2.
That makes it the 10th largest plot in the postcode, where 23 of the 42 other houses have recorded plot data.
Energy Efficiency
5, Prospect Avenue, Wallsend has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Jan 2025.
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 5, Prospect Avenue, Wallsend completed on 11th March 2026 at £145,190 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 23.5% over the period since March 2026.
- Sold Mar 2026£145,190
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Prospect Avenue, Wallsend have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th September 2024, was 27, Prospect Avenue, Wallsend, NE28 8HH, a freehold house which sold for £169,000.
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 42 addresses on Prospect Avenue, Wallsend, NE28, 5, Prospect Avenue, Wallsend comes out as the 30th largest and the 30th most expensive in our analysis of the public data.
It is also £8k more expensive than the average property across the NE28 district.
More reading links
Schools Nearby
- 500mSt Columba's Catholic Primary School, Wallsend
- 700mSt Bernadette's Catholic Primary, Wallsend
- 700mWallsend Jubilee Primary School
- 1.2kmBurnside College
- 1.8kmBenfield School
- 2.2kmWalker Riverside Academy
More reading links
Public Transport Nearby
From 5, Prospect Avenue, Wallsend, the nearest station is Northumberland Park (Tyne & Wear), 3.8 kilometres away.
- 3.8kmNorthumberland Park (Tyne & Wear)
- 5.3kmManors
- 5.5kmHeworth
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.
