52, Park Road
52, Park Road
Description & Estimates
52, Park Road, Wallsend is described in the public record as a period apartment with 1,119 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 52, Park Road, Wallsend is £108,746 and its rental estimate is £839 per month, given the available information and assuming reasonable condition.
Park Road, Wallsend, NE28 falls within the NE28 postal district, in the borough of North Tyneside.
Our Data Sources
52, Park Road, Wallsend has no recent1 records in the the Land Registry and a single entry in the EPC database dated May 2013.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 52, Park Road, Wallsend, we estimate a market value of £114,183 and a rental value of £880 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £101,134 and £780 per month respectively.
Recent Market Change
Over the last year, 52, Park Road, Wallsend has seen its estimated sale value climb by £11 (0.0%) and its estimated rental value rise by £32 per month (3.8%). This results in an estimated gross rental yield of 9.3%.
Energy Efficiency
52, Park Road, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 May 2013.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 52, Park Road, Wallsend completed on 25th November 2005 at £80,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
- Sold Nov 2005£80,000
- Sold Jul 2004£75,000
- Sold Oct 2003£50,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 52, Park Road, Wallsend have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th December 2023, was 9, Holly Avenue, Wallsend, NE28 6PA, a leasehold flat which sold for £98,995.
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 151 addresses on Park Road, Wallsend, NE28, 52, Park Road, Wallsend comes out as the 42nd largest and the 75th most expensive in our analysis of the public data.
It is also £45k less expensive than the average property across the NE28 district.
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Schools Nearby
- 400mRichardson Dees Primary School
- 600mCarville Academy
- 800mWestern Community Primary School
- 800mBurnside College
- 1.5kmWalker Riverside Academy
- 1.9kmBenfield School
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Public Transport Nearby
From 52, Park Road, Wallsend, the nearest station is Heworth, 4.7 kilometres away.
- 4.7kmHeworth
- 4.7kmNorthumberland Park (Tyne & Wear)
- 5.2kmManors
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
