40 Albert Avenue, Wallsend, NE28 8RZ is a leasehold flat built before 1900. The property offers approximately 635 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £67,073 , which equates to approximately £106 per square foot. It was last sold on 27 Mar 2024 for £66,000. Since then, the value has increased by £1,073, representing a 1.6% increase, or approximately 0.9% per year.

The current estimated value of £67,073 is:

  • 31.8% lower than the average property price on Albert Avenue
  • 28.8% lower than the average in the NE28 8RZ postcode area
  • and 61.6% lower than the average price for Wallsend as a whole

View sold house prices in NE28 8RZ

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£67,073
Price Per sq ft (estimate)
£106
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Albert Avenue, Wallsend, North Tyneside, Tyne And Wear, NE28 8RZ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 1 Feb 2017.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 150 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to NE28 8RZ

5 th / 20
Price Rank
29% lower than average
9 th / 15
Size Rank
18% smaller than average
3 rd / 15
Price Per Sq FT Rank
14% lower than average

Compared to other properties in NE28 8RZ , this flat's estimated value ranks 5th out of 20. Based on price per square foot, it ranks 3rd out of 15 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 9th out of 15 properties in its postcode area.

Sale History

Today
£67,073
streetscan.co.uk estimate
+2 %
27 Mar 2024
£66,000
Leasehold
-15.4 %
8 Dec 2006
£78,000
Leasehold
+6.8 %
12 Nov 2004
£73,000
Leasehold
+192 %
20 Jun 1996
£25,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 646 sq ft
sale price: £40,500
sale date: 13 Jul 2018
rooms: 3
size: 626 sq ft
sale price: £55,000
sale date: 18 Dec 2017
rooms: 2
size: 646 sq ft
sale price: £55,000
sale date: 18 Dec 2017
rooms: 3
size: 646 sq ft
sale price: £52,000
sale date: 26 Feb 2016
rooms: 2
size: 594 sq ft
sale price: £57,000
sale date: 29 May 2013

Data Sources

The property at 40 Albert Avenue, Wallsend, NE28 8RZ appears four times in the Land Registry records, with the latest transaction recorded on 27 Mar 2024. It also has a single Energy Performance Certificate (EPC) from 1 Feb 2017. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.