56 South Terrace, Wallsend, NE28 6QE is a leasehold flat built between 1900-1929. The property offers approximately 657 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £47,078 , which equates to approximately £72 per square foot. It was last sold on 27 Apr 2001 for £14,500. Since then, the value has increased by £32,578, representing a 224.7% increase, or approximately 9.1% per year.

The current estimated value of £47,078 is:

  • 57.5% lower than the average property price on South Terrace
  • 58.5% lower than the average in the NE28 6QE postcode area
  • and 73.1% lower than the average price for Wallsend as a whole

At the most recent EPC inspection on 19 August 2024, the property was recorded as rented.

View sold house prices in NE28 6QE

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
657 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£47,078
Price Per sq ft (estimate)
£72
Bedroom Count (estimate)
2 bedrooms

EPC Summary

56 South Terrace, Wallsend, North Tyneside, Tyne And Wear, NE28 6QE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 19 Aug 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 16 Sep 2014, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 55.6%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 200 mm loft insulation, improving energy efficiency from very poor to good.
  • The lighting was updated from low energy lighting in 38% 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, 200 mm loft insulation
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 6QE

28 th / 28
Price Rank
59% lower than average
16 th / 23
Size Rank
21% smaller than average
23 rd / 23
Price Per Sq FT Rank
48% lower than average

Compared to other properties in NE28 6QE , this flat's estimated value ranks 28th out of 28. Based on price per square foot, it ranks 23th out of 23 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 16th out of 23 properties in its postcode area.

Sale History

Today
£47,078
streetscan.co.uk estimate
+225 %
27 Apr 2001
£14,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £43,500
sale date: 26 Aug 2022
rooms: 3
size: 624 sq ft
sale price: £58,000
sale date: 11 Jan 2021
rooms: 3
size: 592 sq ft
sale price: £60,000
sale date: 26 Aug 2020
rooms: 3
size: 678 sq ft
sale price: £53,000
sale date: 12 Jul 2019
rooms: 3
size: 721 sq ft
sale price: £49,500
sale date: 17 Nov 2015

Data Sources

The property at 56 South Terrace, Wallsend, North Tyneside, Tyne And Wear, NE28 6QE appears once in the Land Registry records, with the transaction recorded on 27 Apr 2001. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Aug 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.