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Company No. 11113204
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VAT No. GB 287 0845 68
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According to the public record, 62, The Risings, Wallsend is a modern leasehold house with 1,345 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 62, The Risings, Wallsend is £305,856 and the estimated rental value is £1,179 per month.
The Risings, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
62, The Risings, Wallsend has 2 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated January 2018.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 62, The Risings, Wallsend is in very good condition we estimate a sale value of £321,149 and a rental value of £1,237 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,446 and a rental value of £1,096 per month.
Over the last 12 months the sale value of 62 The Risings Wallsend has decreased by an estimated £473 (0.2%) and its rental value has increased by an estimated £41 per month (3.4%), giving an expected gross yield of 4.6%.
62, The Risings, Wallsend has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Jan 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 62, The Risings, Wallsend was last sold on 20th November 2023 for £320,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since November 2023, the market for similar properties has dropped 6.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, The Risings, Wallsend within a radius of 580 metres over the last 2 years.
The most recent example is 77, The Risings, Wallsend, NE28 9PB, a freehold house which sold for £272,500 on the 10th September 2021.
Read more about house prices in NE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Risings, Wallsend, NE28 has a total of 69 addresses. According to our analysis of all the public data, 62, The Risings, Wallsend is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £152k more expensive than the average property in NE28.
The closest station to 62, The Risings, Wallsend is Northumberland Park (Tyne & Wear) station which is 3.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 62, The Risings, Wallsend, 48.6% of property is privately owned with a mortgage and 21.0% is privately owned outright.
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 62, The Risings, Wallsend, 16.8% of residents are recorded as possessing school level qualifications and 33.3% 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 62, The Risings, Wallsend, the average age was 40.8 and the most common age was 27.
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 62, The Risings, Wallsend, 0.6% 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 62, The Risings, Wallsend, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
