62, Stanley Street
62, Stanley Street
Description & Estimates
62, Stanley Street, Wallsend is recorded publicly as a period leasehold apartment across 789 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 62, Stanley Street, Wallsend is £73,504 and its rental estimate is £616 per month, given the available information and assuming reasonable condition.
Stanley Street, Wallsend, NE28 falls within the NE28 postal district, in the borough of North Tyneside.
Our Data Sources
62, Stanley Street, Wallsend has 31 entries in the Land Registry , most recently in December 2016 and a single entry in the EPC database dated January 2009.
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.
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 62, Stanley Street, Wallsend, we estimate a market value of £77,179 and a rental value of £647 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £68,359 and £573 per month respectively.
Recent Market Change
Over the last year, 62, Stanley Street, Wallsend has seen its estimated sale value move up by £7 (0.0%) and its estimated rental value increase by £23 per month (3.8%). This results in an estimated gross rental yield of 10.1%.
Energy Efficiency
62, Stanley Street, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jan 2009.
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 62, Stanley Street, Wallsend completed on 22nd December 2016 at £53,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 42.4% over the period since December 2016.
- Sold Dec 2016£53,000
- Sold Nov 2002£32,500
- Sold Aug 1998£25,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 62, Stanley Street, Wallsend have sold within a radius of 500 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 84 addresses on Stanley Street, Wallsend, NE28, 62, Stanley Street, Wallsend comes out as the 26th largest and the 23rd most expensive in our analysis of the public data.
It is also £81k 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
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Public Transport Nearby
From 62, Stanley Street, Wallsend, the nearest station is Northumberland Park (Tyne & Wear), 4.2 kilometres away.
- 4.2kmNorthumberland Park (Tyne & Wear)
- 6.0kmHeworth
- 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.
