41 Burn Terrace, Wallsend, NE28 7BJ is a leasehold flat built between 1900-1929. The property offers approximately 872 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £54,348 , which equates to approximately £62 per square foot. It was last sold on 21 Jan 2022 for £50,000. Since then, the value has increased by £4,348, representing a 8.7% increase, or approximately 2.2% per year.

The current estimated value of £54,348 is:

  • 40.2% lower than the average property price on Burn Terrace
  • 43.0% lower than the average in the NE28 7BJ postcode area
  • and 68.9% lower than the average price for Wallsend as a whole

At the most recent EPC inspection on 19 November 2024, the property was recorded as owner-occupied.

View sold house prices in NE28 7BJ

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
872 sq ft
Tenure
Leasehold
Price (estimate)
£54,348
Price Per sq ft (estimate)
£62
Bedroom Count (estimate)
3 bedrooms

EPC Summary

41 Burn Terrace, Wallsend, North Tyneside, Tyne And Wear, NE28 7BJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 19 Nov 2024.

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.

The previous EPC assessment was conducted on 17 Dec 2015, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 7.7%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from flat, limited insulation (assumed) to (another dwelling above), changing energy efficiency from poor to n/a.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was changed from low energy lighting in 86% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE28 7BJ

28 th / 31
Price Rank
43% lower than average
2 nd / 24
Size Rank
15% bigger than average
24 th / 24
Price Per Sq FT Rank
50% lower than average

Compared to other properties in NE28 7BJ , this flat's estimated value ranks 28th out of 31. Based on price per square foot, it ranks 24th out of 24 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 2nd out of 24 properties in its postcode area.

Sale History

Today
£54,348
streetscan.co.uk estimate
+9 %
21 Jan 2022
£50,000
Leasehold
+455.6 %
16 Jun 1999
£9,000
Leasehold

Area Insights

Similar Properties Sold Nearby

12 Burn Terrace, Wallsend, NE28 7BJ
rooms: 3
size: 743 sq ft
sale price: £61,500
sale date: 24 Nov 2023
38 Burn Terrace, Wallsend, NE28 7BJ
rooms: 4
size: 861 sq ft
sale price: £60,000
sale date: 18 Jun 2021
40 Burn Terrace, Wallsend, NE28 7BJ
rooms: 4
size: 753 sq ft
sale price: £50,000
sale date: 26 Mar 2021
51 Burn Terrace, Wallsend, NE28 7BJ
rooms: 3
size: 797 sq ft
sale price: £52,000
sale date: 6 Aug 2019
46 Burn Terrace, Wallsend, NE28 7BJ
rooms: 4
size: 872 sq ft
sale price: £61,000
sale date: 5 Oct 2018

Data Sources

The property at 41 Burn Terrace, Wallsend, NE28 7BJ appears two times in the Land Registry records, with the latest transaction recorded on 21 Jan 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Nov 2024. 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.
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