# 146 RICHARDSON STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7PR

## Property details

- Slug: `a12f70c` (address key hash: `a12f70c27ecbee816781d88782c7555aeb87911a`)
- Postcode: NE28 7PR
- Transactions on record: 1

- Tenure: Leasehold
- Property type: Flat
- Bedrooms: 2
- Bathrooms: 1
- Floor area: 63 m²
- EPC rating: C
- Year built: England and Wales: 1900-1929
- Last sold: £118,000 Apr 2026
- Price per m²: £1,873/m²
- Local average: £82,187 (45 sales)
- Street crime: 274 incidents within 1 mile (Jun 2026)

## Latest sale

- Price: £118,000
- Date: 2026-04-08
- Type: F
- Tenure: L

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 27/06/2031
- **Current heating cost:** £454/year
- **Est. upgrade cost to C:** £10,195

### Recommendations
- A2 (£850 - £1,500)
- Q (£4,000 - £14,000)
- E (£20)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2881-3007-2206-3329-5200)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-04-08 | £118,000 | Flat | — | £120,518 (to May 2026) | [View](http://87.117.209.195:8080/house-prices/50d10b84-7ba1-b8d0-e063-4704a8c08d98) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 146 RICHARDSON STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7PR | £118,000 | 08/04/2026 | Flat |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [170817203](http://87.117.209.195:8080/listings/07fdf2c)

| Event | Date | Price |
|-------|------|-------|
| listed | 2026-01-05 | £110,000 |
| sold | 2026-01-01 | £118,000 |
| sold | 2003-01-01 | £37,000 |
| sold | 2003-01-01 | £44,500 |
| sold | 1998-01-01 | £23,500 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 61 BOYD ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7SA | £87,750 | 25/02/2026 | Flat |
| 20 GREY STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7SE | £80,000 | 10/12/2025 | Flat |
| 24 FLAT 4 FERNDALE AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7NE | £92,500 | 27/11/2025 | Flat |
| 131 CHARLOTTE STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7PU | £51,000 | 19/11/2025 | Flat |
| 76 BOYD ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7SL | £100,000 | 11/07/2025 | Flat |
| 21 RICHARDSON STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7PS | £79,950 | 18/11/2024 | Flat |
| 14 RICHARDSON STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7PS | £95,000 | 28/06/2024 | Flat |
| 41 PERCY STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7SF | £76,000 | 27/11/2023 | Flat |
| 41 PERCY STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7SF | £82,000 | 24/11/2023 | Flat |
| 112 NORTHUMBERLAND STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7PX | £82,500 | 31/10/2023 | Flat |
| 114 NORTHUMBERLAND STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7PX | £82,500 | 12/10/2023 | Flat |
| 44 GREY STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7SE | £80,000 | 21/07/2023 | Flat |
| 10 DURHAM STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7RZ | £79,950 | 14/07/2023 | Flat |
| 9 CUMBERLAND STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7SB | £78,000 | 13/12/2022 | Flat |
| 49 ALNWICK STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7SD | £85,000 | 02/09/2022 | Flat |
| 2 WESTMORLAND STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7RY | £97,000 | 31/08/2022 | Flat |
| 50 RICHARDSON STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7PS | £46,000 | 10/08/2022 | Flat |
| 29 DENE CRESCENT, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7SN | £79,000 | 16/06/2022 | Flat |
| 31 DENE CRESCENT, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7SN | £79,000 | 16/06/2022 | Flat |
| 34 GREY STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7SE | £77,000 | 10/06/2022 | Flat |

**Area average:** £80,508 (20 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 5.3%
- **10y growth:** 37%

## House Price Index (HM Land Registry)

*Official index for North Tyneside; Flats and maisonettes series; as of May 2026.*

- **1y growth (index):** 0.6%
- **5y growth (index):** 10.9%
- **10y growth (index):** 26.3%

## Rental Range

*ONS Price Index of Private Rents (North Tyneside). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £761/mo
- **Realistic:** £846/mo
- **Optimistic:** £931/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Tyneside (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets in the area (all bedroom counts shown — none matched the 2-bedroom count for this property). Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 4 Bed Maisonette, Woodbine Avenue, NE28 | £1,250/mo | 4 | 0.33 miles | OpenRent |

**Average rent: £1,250/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 1.06% (strong)
- **Max investor price (0.8%):** £156,250
- **Target investor price (1%):** £125,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,250/mo).*

- **Gross yield:** 12.7%
- **Cost-to-rent:** 7.9×
- **Monthly cashflow:** £635/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 22.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 77 |
| Anti-social behaviour | 65 |
| Criminal damage and arson | 30 |
| Shoplifting | 27 |
| Burglary | 23 |
| Public order | 14 |
| Other theft | 11 |
| Vehicle crime | 7 |
| Drugs | 6 |
| Possession of weapons | 5 |
| Robbery | 4 |
| Bicycle theft | 2 |
| Other crime | 2 |
| Theft from the person | 1 |
| **Total incidents** | **274** |

*Within 1 mile during Jun 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| Richardson Dees Primary School | Primary | 0.2 miles | Good — 21 Sep 2022 |
| Burnside College | Secondary | 0.3 miles | Good — 10 Feb 2020 |
| Wallsend St Peter's CofE Primary School | Primary | 0.4 miles | — (No rating) |
| St Columba's Catholic Primary School, Wallsend | Primary | 0.6 miles | Good — 16 Oct 2013 |
| Western Community Primary School | Primary | 0.7 miles | Good — 9 Jun 2024 |

## FENSA Certificates

This property has 2 FENSA certificate(s) on record.

### FENSA Certificate #1844699
- **Address:** 146 Richardson Street, Wallsend, NE28 7PR
- **Certificate Issued:** 05/07/2004
- **Work Completed:** 17/04/2004
- **Items:** 2 door(s)

### FENSA Certificate #1710122
- **Address:** 146 Richardson Street, Wallsend, NE28 7PR
- **Certificate Issued:** 17/05/2004
- **Work Completed:** 17/04/2004
- **Items:** 2 window(s)