54 Welwyn Close, Wallsend, NE28 8TE is a leasehold flat built between 1983-1990. The property offers approximately 409 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 £97,744 , which equates to approximately £239 per square foot. It was last sold on 21 May 2004 for £65,000. Since then, the value has increased by £32,744, representing a 50.4% increase, or approximately 2.3% per year.

The current estimated value of £97,744 is:

  • 30.5% lower than the average property price on Welwyn Close
  • 37.0% lower than the average in the NE28 8TE postcode area
  • and 44.1% lower than the average price for Wallsend as a whole

At the most recent EPC inspection on 9 September 2023, the property was recorded as rented.

View sold house prices in NE28 8TE

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
409 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£97,744
Price Per sq ft (estimate)
£239
Bedroom Count (estimate)
1 bedroom

EPC Summary

54 Welwyn Close, Wallsend, North Tyneside, Tyne And Wear, NE28 8TE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 Sep 2023.

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 24 Jan 2012, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 7.4%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 250 mm loft insulation, improving energy efficiency from average to good.
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE28 8TE

50 th / 57
Price Rank
37% lower than average
38 th / 45
Size Rank
32% smaller than average
33 rd / 45
Price Per Sq FT Rank
8% lower than average

Compared to other properties in NE28 8TE , this flat's estimated value ranks 50th out of 57. Based on price per square foot, it ranks 33th out of 45 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 38th out of 45 properties in its postcode area.

Sale History

Today
£97,744
streetscan.co.uk estimate
+50 %
21 May 2004
£65,000
Leasehold
+150 %
11 Jun 2001
£26,000
Leasehold
+10.6 %
21 Dec 1999
£23,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 420 sq ft
sale price: £92,000
sale date: 2 Sep 2024
rooms: 2
size: 398 sq ft
sale price: £57,000
sale date: 3 May 2024
rooms: 2
size: 366 sq ft
sale price: £74,000
sale date: 24 Aug 2023
rooms: 2
size: 409 sq ft
sale price: £52,500
sale date: 7 Aug 2018
rooms: 2
size: 409 sq ft
sale price: £62,500
sale date: 30 Jun 2017

Data Sources

The property at 54 Welwyn Close, Wallsend, NE28 8TE appears three times in the Land Registry records, with the latest transaction recorded on 21 May 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Sep 2023. 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.