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According to the public record, 87, Park Road, Wallsend is a period freehold house with 2,400 ft2 of internal area and sits on a 223 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 87, Park Road, Wallsend is £227,546 and the estimated rental value is £1,393 per month.
Park Road, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
87, Park Road, Wallsend has a single entry in the Land Registry from September 2024 and a single entry in the EPC database dated June 2024.
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.
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 87, Park Road, Wallsend is in very good condition we estimate a sale value of £238,923 and a rental value of £1,462 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,618 and a rental value of £1,295 per month.
Over the last 12 months the sale value of 87 Park Road Wallsend has decreased by an estimated £1,516 (0.7%) and its rental value has increased by an estimated £39 per month (2.8%), giving an expected gross yield of 7.3%.
According to data from HM Land Registry, 87, Park Road, Wallsend sits on a plot of 223m2.
We have plot size data on 10 out of 11 other houses in the postcode and 87, Park Road, Wallsend sits on the largest plot.
87, Park Road, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jun 2024.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 87, Park Road, Wallsend was last sold on 20th September 2024 for £181,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2024, the market for similar properties has dropped 31.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 87, Park Road, Wallsend within a radius of 370 metres over the last 2 years.
The most recent example is 173, North Road, Wallsend, NE28 8RQ, a freehold house which sold for £178,500 on the 8th February 2021.
Read more about house prices in NE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Wallsend, NE28 has a total of 151 addresses. According to our analysis of all the public data, 87, Park Road, Wallsend is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £74k more expensive than the average property in NE28.
The closest station to 87, Park Road, Wallsend is Northumberland Park (Tyne & Wear) station which is 4.5 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 87, Park Road, Wallsend, 35.0% of property is privately owned outright and 28.6% is privately owned with a mortgage.
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 87, Park Road, Wallsend, 8.8% of residents are recorded as possessing school level qualifications and 30.6% 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 87, Park Road, Wallsend, the average age was 38.5 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 87, Park Road, Wallsend, 0.0% 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 87, Park Road, Wallsend, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
