48 Burn Terrace, Wallsend, NE28 7BJ is a leasehold flat built between 1900-1929. The property offers approximately 732 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £53,699 , which equates to approximately £73 per square foot. It was last sold on 25 Sep 2020 for £45,000. Since then, the value has increased by £8,699, representing a 19.3% increase, or approximately 3.7% per year.

The current estimated value of £53,699 is:

  • 40.9% lower than the average property price on Burn Terrace
  • 43.7% lower than the average in the NE28 7BJ postcode area
  • and 69.3% lower than the average price for Wallsend as a whole

View sold house prices in NE28 7BJ

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
732 sq ft
Tenure
Leasehold
Price (estimate)
£53,699
Price Per sq ft (estimate)
£73
Bedroom Count (estimate)
2 bedrooms

EPC Summary

48 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 11 Jul 2020.

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 Feb 2009, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 57.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from poor to good.
  • The hot water system was changed from gas multipoint to from main system, with its energy efficiency improving from average to good.
  • The lighting was changed from low energy lighting in 83% 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)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE28 7BJ

29 th / 31
Price Rank
44% lower than average
15 th / 24
Size Rank
4% smaller than average
23 rd / 24
Price Per Sq FT Rank
41% lower than average

Compared to other properties in NE28 7BJ , this flat's estimated value ranks 29th out of 31. Based on price per square foot, it ranks 23th 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 15th out of 24 properties in its postcode area.

Sale History

Today
£53,699
streetscan.co.uk estimate
+19 %
25 Sep 2020
£45,000
Leasehold
+25 %
1 Mar 2013
£36,000
Leasehold
+227.3 %
21 May 2001
£11,000
Leasehold
+4.8 %
9 May 1997
£10,500
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
10 Burn Terrace, Wallsend, NE28 7BJ
rooms: 3
size: 710 sq ft
sale price: £39,999
sale date: 27 Jul 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
47 Burn Terrace, Wallsend, NE28 7BJ
rooms: 3
size: 797 sq ft
sale price: £62,500
sale date: 15 Dec 2017

Data Sources

The property at 48 Burn Terrace, Wallsend, NE28 7BJ appears four times in the Land Registry records, with the latest transaction recorded on 25 Sep 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Jul 2020. 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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