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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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58, George Road, Wallsend is recorded publicly as a period leasehold apartment across 1,496 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 58, George Road, Wallsend is £101,154 and its rental estimate is £845 per month, given the available information and assuming reasonable condition.
George Road, Wallsend, NE28 falls within the NE28 postal district, in the borough of North Tyneside.
58, George Road, Wallsend has 21 entries in the Land Registry , most recently in July 2012 and a single entry in the EPC database dated October 2014.
We combine this information with that 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.
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 58, George Road, Wallsend, we estimate a market value of £106,211 and a rental value of £887 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £94,073 and £786 per month respectively.
Over the last year, 58, George Road, Wallsend has seen its estimated sale value move up by £10 (0.0%) and its estimated rental value increase by £32 per month (3.8%). This results in an estimated gross rental yield of 10.0%.
58, George Road, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 58, George Road, Wallsend completed on 10th July 2012 at £97,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 38.0% over the period since July 2012.
Over the past 2 years 1 property similar to 58, George Road, Wallsend has sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th November 2016, was 29, Philiphaugh, Wallsend, NE28 6BX, a leasehold flat which sold for £101,000.
Read more about house prices in NE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 46 addresses on George Road, Wallsend, NE28, 58, George Road, Wallsend comes out as the 8th largest and the 20th most expensive in our analysis of the public data.
It is also £53k less expensive than the average property across the NE28 district.
From 58, George Road, Wallsend, the nearest station is Heworth, 4.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 58, George Road, Wallsend, 31.9% of property is privately owned with a mortgage and 24.3% is privately 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 58, George Road, Wallsend, 18.5% of residents are recorded as possessing school level qualifications and 27.7% 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 58, George Road, Wallsend, the average age was 42.4 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 58, George Road, Wallsend, 0.7% 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 58, George Road, 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.
