55 Welwyn Close, Wallsend, NE28 8TE is a leasehold flat built between 1983-1990. The property offers approximately 398 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 £58,223 , which equates to approximately £146 per square foot. It was last sold on 3 May 2024 for £57,000. Since then, the value has increased by £1,223, representing a 2.1% increase, or approximately 1.3% per year.

The current estimated value of £58,223 is:

  • 58.6% lower than the average property price on Welwyn Close
  • 62.5% lower than the average in the NE28 8TE postcode area
  • and 66.7% lower than the average price for Wallsend as a whole

At the most recent EPC inspection on 22 June 2018, the property was recorded as owner-occupied.

View sold house prices in NE28 8TE

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
398 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£58,223
Price Per sq ft (estimate)
£146
Bedroom Count (estimate)
1 bedroom

EPC Summary

55 Welwyn Close, Wallsend, North Tyneside, Tyne And Wear, NE28 8TE has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 22 Jun 2018.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 40% of fixed outlets
Average

Compared to NE28 8TE

48 th / 57
Price Rank
62% lower than average
41 st / 45
Size Rank
33% smaller than average
31 st / 45
Price Per Sq FT Rank
44% lower than average

Compared to other properties in NE28 8TE , this flat's estimated value ranks 48th out of 57. Based on price per square foot, it ranks 31th 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 41th out of 45 properties in its postcode area.

Sale History

Today
£58,223
streetscan.co.uk estimate
+2 %
3 May 2024
£57,000
Leasehold
+132.7 %
3 May 2001
£24,500
Leasehold
-5.8 %
5 Dec 1997
£26,000
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: 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
rooms: 2
size: 420 sq ft
sale price: £57,500
sale date: 4 Jan 2016

Data Sources

The property at 55 Welwyn Close, Wallsend, NE28 8TE appears three times in the Land Registry records, with the latest transaction recorded on 3 May 2024. It also has a single Energy Performance Certificate (EPC) from 22 Jun 2018. 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.