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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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According to the public record, 8, Derwent Way, Wallsend is a modern leasehold house with 493 ft2 of internal area and sits on a 308 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Derwent Way, Wallsend is £157,821 and the estimated rental value is £892 per month.
Derwent Way, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
8, Derwent Way, Wallsend has a single entry in the Land Registry from July 2009 and a single entry in the EPC database dated November 2008.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 8, Derwent Way, Wallsend is in very good condition we estimate a sale value of £165,712 and a rental value of £937 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,774 and a rental value of £830 per month.
Over the last 12 months the sale value of 8 Derwent Way Wallsend has increased by an estimated £419 (0.3%) and its rental value has increased by an estimated £35 per month (4.0%), giving an expected gross yield of 6.8%.
According to data from HM Land Registry, 8, Derwent Way, Wallsend sits on a plot of 308m2.
We have plot size data on 10 out of 12 other houses in the postcode and 8, Derwent Way, Wallsend sits on the 2nd largest plot.
8, Derwent Way, Wallsend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Nov 2008.
The property is not connected to mains gas and has windows. It is heated using SAP05:Main-Heating.
According to HM Land Registry, 8, Derwent Way, Wallsend was last sold on 30th July 2009 for £180,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since July 2009, the market for similar properties has risen 66.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 8, Derwent Way, Wallsend within a radius of 820 metres over the last 2 years.
The most recent example is 1, Horsley View, Wallsend, NE28 6JN, a freehold house which sold for £201,950 on the 13th February 2008.
Read more about house prices in NE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derwent Way, Wallsend, NE28 has a total of 12 addresses. According to our analysis of all the public data, 8, Derwent Way, Wallsend is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in NE28.
The closest station to 8, Derwent Way, Wallsend is Northumberland Park (Tyne & Wear) station which is 4.6 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 8, Derwent Way, Wallsend, 45.2% of property is privately owned with a mortgage and 27.2% 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 8, Derwent Way, Wallsend, 15.8% of residents are recorded as possessing school level qualifications and 32.3% 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 8, Derwent Way, Wallsend, the average age was 38.8 and the most common age was 32.
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 8, Derwent Way, Wallsend, 1.6% 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 8, Derwent Way, 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.
