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The public record describes First Floor Flat, 107, Park Road, Wallsend as a period apartment with 893 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
First Floor Flat, 107, Park Road, Wallsend has an estimated sale value of £112,525 and an estimated rental value of £809 per month, assuming reasonable condition and based on the information available.
The apartment sits within 107, Park Road, Wallsend, NE28.
Park Road, Wallsend, NE28 lies in the borough of North Tyneside, within the NE28 postal district.
First Floor Flat, 107, Park Road, Wallsend has no records in the the Land Registry and no records in the EPC database.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate First Floor Flat, 107, Park Road, Wallsend would be worth £118,152, with a potential rental value of £849 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £104,649, with a rental value of £752 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of First Floor Flat, 107, Park Road, Wallsend has dropped by £790 (0.7%) over the last year. During the same period, its estimated monthly rental value has risen by £22 (2.8%). The property's estimated gross yield is currently 8.6%.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 370 metres of First Floor Flat, 107, Park Road, Wallsend across the last 2 years.
Most recently, 7, Woodbine Avenue, Wallsend, NE28 8HB, a leasehold flat, sold at £88,500 on the 11th March 2024.
Read more about house prices in NE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks First Floor Flat, 107, Park Road, Wallsend as the 65th largest and the 61st most expensive of the 151 addresses on Park Road, Wallsend, NE28.
Against the NE28 postcode district average, it is £42k less expensive than the typical property.
Northumberland Park (Tyne & Wear) station is the nearest stop to First Floor Flat, 107, Park Road, Wallsend at 4.5 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around First Floor Flat, 107, 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 First Floor Flat, 107, 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 First Floor Flat, 107, 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 First Floor Flat, 107, 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 First Floor Flat, 107, 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.