7 South Terrace, Wallsend, NE28 6QD is a leasehold flat built before 1900. The property offers approximately 861 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 £62,212 , which equates to approximately £72 per square foot. It was last sold on 18 Jan 2021 for £54,000. Since then, the value has increased by £8,212, representing a 15.2% increase, or approximately 3.1% per year.

The current estimated value of £62,212 is:

  • 43.9% lower than the average property price on South Terrace
  • 31.9% lower than the average in the NE28 6QD postcode area
  • and 64.4% lower than the average price for Wallsend as a whole

View sold house prices in NE28 6QD

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
861 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£62,212
Price Per sq ft (estimate)
£72
Bedroom Count (estimate)
3 bedrooms

EPC Summary

7 South Terrace, Wallsend, North Tyneside, Tyne And Wear, NE28 6QD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Aug 2016.

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 6 Apr 2014, when the property was rated F. Since then, the rating has improved to C, with the energy efficiency score increasing by 86.5%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation to pitched, 300 mm loft insulation, improving energy efficiency from very poor to very good.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to solid brick, with internal insulation, improving energy efficiency from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Solid brick, with internal insulation
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 43% of fixed outlets
Average

Compared to NE28 6QD

17 th / 19
Price Rank
32% lower than average
4 th / 17
Size Rank
22% bigger than average
17 th / 17
Price Per Sq FT Rank
44% lower than average

Compared to other properties in NE28 6QD , this flat's estimated value ranks 17th out of 19. Based on price per square foot, it ranks 17th out of 17 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 4th out of 17 properties in its postcode area.

Sale History

Today
£62,212
streetscan.co.uk estimate
+15 %
18 Jan 2021
£54,000
Leasehold

Area Insights

Similar Properties Sold Nearby

40 South Terrace, Wallsend, NE28 6QE
rooms: 3
size: 732 sq ft
sale price: £49,500
sale date: 18 Jun 2015
49 South Terrace, Wallsend, NE28 6QE
rooms: 3
size: 829 sq ft
sale price: £57,000
sale date: 13 Sep 2013
32 South Terrace, Wallsend, NE28 6QE
rooms: 4
size: 818 sq ft
sale price: £62,000
sale date: 6 Jul 2004

Data Sources

The property at 7 South Terrace, Wallsend, North Tyneside, Tyne And Wear, NE28 6QD appears once in the Land Registry records, with the transaction recorded on 18 Jan 2021. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Aug 2016. 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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