87, Cheadle Avenue
87, Cheadle Avenue
Description & Estimates
The public record lists 87, Cheadle Avenue, Wallsend as a leasehold apartment.
Comparison with its neighbours suggests a mid-century apartment with 668 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
87, Cheadle Avenue, Wallsend has an estimated sale value of £114,546 and an estimated rental value of £760 per month, assuming reasonable condition and based on the information available.
Cheadle Avenue, Wallsend, NE28 lies in the borough of North Tyneside, within the NE28 postal district.
Our Data Sources
87, Cheadle Avenue, Wallsend has 2 entries in the Land Registry , most recently in April 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 87, Cheadle Avenue, Wallsend would be worth £120,273, with a potential rental value of £798 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £106,527, with a rental value of £706 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 87, Cheadle Avenue, Wallsend has moved down by £971 (0.8%) over the last year. During the same period, its estimated monthly rental value has increased by £20 (2.6%). The property's estimated gross yield is currently 8.0%.
Sold Prices
87, Cheadle Avenue, Wallsend last changed hands on 24th April 2015, selling for £88,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 18.7% since April 2015.
- Sold Apr 2015£88,000
- Sold Nov 2010£75,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 510 metres of 87, Cheadle Avenue, Wallsend across the last 2 years.
Most recently, 63, Cheadle Avenue, Wallsend, NE28 9QT, a leasehold flat, sold at £109,950 on the 27th March 2025.
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
Our analysis of the public data ranks 87, Cheadle Avenue, Wallsend as the 71st largest and the 62nd most expensive of the 109 addresses on Cheadle Avenue, Wallsend, NE28.
Against the NE28 postcode district average, it is £40k less expensive than the typical property.
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Schools Nearby
- 400mBattle Hill Primary School
- 400mHadrian Park Primary School
- 1.0kmSt Aidan's Catholic Primary School, Wallsend
- 1.9kmBurnside College
- 2.5kmSt Thomas More Catholic High School
- 2.7kmNorham High School
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Public Transport Nearby
Northumberland Park (Tyne & Wear) station is the nearest stop to 87, Cheadle Avenue, Wallsend at 2.4 kilometres away.
- 2.4kmNorthumberland Park (Tyne & Wear)
- 7.2kmHeworth
- 7.2kmManors
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
