7 Park Avenue, Wallsend, NE28 8DE is a leasehold flat built between 1900-1929. The property offers approximately 1,055 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £167,286 , which equates to approximately £159 per square foot. It was last sold on 13 Jan 2017 for £135,000. Since then, the value has increased by £32,286, representing a 23.9% increase, or approximately 2.7% per year.

The current estimated value of £167,286 is:

  • 43.2% lower than the average property price on Park Avenue
  • 36.3% lower than the average in the NE28 8DE postcode area
  • and 4.3% lower than the average price for Wallsend as a whole

At the most recent EPC inspection on 13 April 2012, the property was recorded as owner-occupied.

View sold house prices in NE28 8DE

Building approximate location

About Property

Type
Terraced Maisonette
Built
1900-1929
Interior Size
1055 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£167,286
Price Per sq ft (estimate)
£159
Bedroom Count (estimate)
3 bedrooms

EPC Summary

7 Park Avenue, Wallsend, North Tyneside, Tyne And Wear, NE28 8DE has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 13 Apr 2012.

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 the main heating system, though the cylinder has no thermostat. The windows are mostly double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 300+ mm loft insulation
Very Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Mostly double glazing
Good
Lighting
Low energy lighting in 70% of fixed outlets
Very Good

Compared to NE28 8DE

9 th / 10
Price Rank
36% lower than average
9 th / 10
Size Rank
32% smaller than average
7 th / 10
Price Per Sq FT Rank
7% lower than average

Compared to other properties in NE28 8DE , this maisonette's estimated value ranks 9th out of 10. Based on price per square foot, it ranks 7th out of 10 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 9th out of 10 properties in its postcode area.

Sale History

Today
£167,286
streetscan.co.uk estimate
+24 %
13 Jan 2017
£135,000
Leasehold
+63.6 %
24 Aug 2012
£82,500
Leasehold

Area Insights

Nearby Properties

6 Park Avenue, Wallsend, NE28 8DE
rooms: 5
size: 1238 sq ft
sale price: £250,000
sale date: 25 Aug 2023
9 Park Avenue, Wallsend, NE28 8DE
rooms: 3
size: 775 sq ft
sale price: £14,500
sale date: 6 Nov 1998
4 Park Avenue, Wallsend, NE28 8DE
rooms: 6
size: 1324 sq ft
sale price: £210,000
sale date: 10 Jan 2023
10 Park Avenue, Wallsend, NE28 8DE
rooms: 7
size: 2271 sq ft
sale price: £325,000
sale date: 3 Dec 2021
3 Park Avenue, Wallsend, NE28 8DE
rooms: 7
size: 1819 sq ft
sale price: £252,250
sale date: 10 Jan 2023

Data Sources

The property at 7 Park Avenue, Wallsend, NE28 8DE appears two times in the Land Registry records, with the latest transaction recorded on 13 Jan 2017. It also has a single Energy Performance Certificate (EPC) from 13 Apr 2012. 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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