Sold STC Flat

12 LABURNUM AVENUE

WALLSEND, TYNE AND WEAR NE28 8HQ

1 beds 59 m² Listed 27 Jan 2017 (-3403d)

£68,000

Offers Over

Reduced on 16 Jul 2018

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# 1 bedroom apartment for sale (NE28 8HQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 12 LABURNUM AVENUE, WALLSEND, TYNE AND WEAR NE28 8HQ |
| Price | £68,000 |
| Bedrooms | 1 |
| Last sold | £66,000 Nov 2018 |

## Description

## Property Photos

- ![Picture No. 03](/listings/photos/64296755/310757) - Picture No. 03
- ![Picture No. 06](/listings/photos/64296755/310761) - Picture No. 06
- ![Picture No. 02](/listings/photos/64296755/310762) - Picture No. 02
- ![Picture No. 04](/listings/photos/64296755/310763) - Picture No. 04
- ![Picture No. 09](/listings/photos/64296755/310764) - Picture No. 09
- ![Picture No. 07](/listings/photos/64296755/310766) - Picture No. 07
- ![Picture No. 01](/listings/photos/64296755/310768) - Picture No. 01
- ![Picture No. 08](/listings/photos/64296755/310774) - Picture No. 08
- ![Picture No. 05](/listings/photos/64296755/310775) - Picture No. 05

## Floorplans

- ![Picture No. 13](/listings/photos/64296755/310776) - Picture No. 13

## EPC Graphs

- ![Picture No. 12](/listings/photos/64296755/310781) - Picture No. 12

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 12 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ | £66,000 | 06/11/2018 | Flat |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 24 FLAT 4 FERNDALE AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7NE | £92,500 | 27/11/2025 | Flat |
| 20 LAUREL STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 6TQ | £52,000 | 12/09/2025 | Flat |
| 137 WOODBINE AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HE | £125,000 | 17/01/2025 | Flat |
| 176 STATION ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8RD | £127,000 | 19/12/2023 | Flat |
| 36 CORONATION STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7LT | £40,000 | 15/12/2023 | Flat |
| 28 WOODBINE AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HB | £90,000 | 17/11/2023 | Flat |
| 139 PARK ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7LP | £110,500 | 03/11/2023 | Flat |
| [Same street] 22 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ | £95,000 | 13/10/2023 | Flat |
| 182 STATION ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8RD | £139,000 | 07/09/2023 | Flat |
| 106 PARK ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7QR | £71,000 | 07/07/2023 | Flat |
| 116 WOODBINE AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HE | £87,250 | 30/06/2023 | Flat |
| 90 FLAT 5 PARK ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7QP | £89,000 | 23/06/2023 | Flat |
| 228 STATION ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8RD | £66,150 | 14/06/2023 | Flat |
| [Same street] 33 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ | £178,000 | 05/06/2023 | Terraced |
| [Same street] 7 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ | £160,000 | 28/04/2023 | Terraced |
| [Same street] 16 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ | £390,000 | 31/03/2023 | Terraced |
| [Same street] 34 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ | £165,000 | 31/01/2023 | Terraced |
| [Same street] 12A LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ | £142,000 | 06/01/2023 | Flat |
| 15 WOODBINE AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HB | £84,000 | 16/12/2022 | Flat |
| 140 WOODBINE AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HE | £145,000 | 09/12/2022 | Flat |
| [Same street] 19 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ | £229,950 | 01/12/2022 | Terraced |
| 204 STATION ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8RD | £70,000 | 07/11/2022 | Flat |
| 45 WOODBINE AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HB | £87,500 | 31/10/2022 | Flat |
| 20 HAWTHORNE GROVE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HD | £98,000 | 30/09/2022 | Flat |
| 123 PARK ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7LP | £110,500 | 09/09/2022 | Flat |
| 16 WOODBINE AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HB | £100,000 | 02/09/2022 | Flat |
| 14 WOODBINE AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HB | £100,000 | 02/09/2022 | Flat |
| [Same street] 29 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ | £165,000 | 22/07/2022 | Terraced |
| [Same street] 32 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ | £170,000 | 29/10/2021 | Terraced |
| [Same street] 3 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ | £170,000 | 20/09/2021 | Terraced |
| [Same street] 20 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ | £213,000 | 17/06/2021 | Terraced |

**Street average:** £188,905 (11 sales)
**Area average:** £94,220 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £80,269 (37 Flat, NE28, 2024–2026)
- **Deviation:** -15.3%

## Rental Range

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

- **Low:** £751/mo
- **Realistic:** £834/mo
- **Optimistic:** £917/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £489/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, High St West, NE28 | £525/mo | 1 | 0.22 miles | OpenRent |
| 1 Bed Flat, High St West, NE28 | £525/mo | 1 | 0.22 miles | OpenRent |
| 1 Bed Flat, Tiberius Close, NE28 | £580/mo | 1 | 0.3 miles | OpenRent |

**Average rent: £543/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 0.77% (weak for cashflow)
- **Max investor price (0.8%):** £65,625
- **Target investor price (1%):** £52,500

*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 £525/mo).*

- **Gross yield:** 9.3%
- **Cost-to-rent:** 10.8×
- **Monthly cashflow:** £180/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 10.9%

*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).*

## Capital growth trend

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

- **5y growth:** -1.4%
- **10y growth:** 26.3%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -2%
- **5y growth (index):** 12.7%
- **10y growth (index):** 28.3%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

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

Picture No. 03 Picture No. 06 Picture No. 02 Picture No. 04 Picture No. 09 Picture No. 07 Picture No. 01 Picture No. 08 Picture No. 05

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Property details

Floor area

59 m²

Last sold

£66,000 Nov 2018

Local average

£80,269 (-15.3%)

Deprivation

Decile 2 (5,307 of 33,755)

Street crime

232 incidents within 1 mile (Mar 2026)

Key features

** REDUCED FOR QUICK SALE **
Large One Bedroom
Ground Floor Flat
Laburnum Avenue, Wallsend
Modern Kitchen
EPC Rating D
Private Rear Yard
Off Street Parking
Viewings Recommended

Additional details

Parking: Yes
Garden: Yes

Description

Listed by

Jesmond

Mansons Residential Sales & Letting Consultants

Reference: 64296755

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Picture No. 13

EPC Graphs

Picture No. 12

Price history

Event	Date	Price	% change
Sold	06/11/2018 (7 years ago)	£66,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
24 FLAT 4 FERNDALE AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7NE	£92,500	27/11/2025	Flat
20 LAUREL STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 6TQ	£52,000	12/09/2025	Flat
137 WOODBINE AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HE	£125,000	17/01/2025	Flat
176 STATION ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8RD	£127,000	19/12/2023	Flat
36 CORONATION STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7LT	£40,000	15/12/2023	Flat
28 WOODBINE AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HB	£90,000	17/11/2023	Flat
139 PARK ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7LP	£110,500	03/11/2023	Flat
Same street 22 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ	£95,000	13/10/2023	Flat
182 STATION ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8RD	£139,000	07/09/2023	Flat
106 PARK ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7QR	£71,000	07/07/2023	Flat
116 WOODBINE AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HE	£87,250	30/06/2023	Flat
90 FLAT 5 PARK ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7QP	£89,000	23/06/2023	Flat
228 STATION ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8RD	£66,150	14/06/2023	Flat
Same street 33 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ	£178,000	05/06/2023	Terraced
Same street 7 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ	£160,000	28/04/2023	Terraced
Same street 16 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ	£390,000	31/03/2023	Terraced
Same street 34 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ	£165,000	31/01/2023	Terraced
Same street 12A LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ	£142,000	06/01/2023	Flat
15 WOODBINE AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HB	£84,000	16/12/2022	Flat
140 WOODBINE AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HE	£145,000	09/12/2022	Flat
Same street 19 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ	£229,950	01/12/2022	Terraced
204 STATION ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8RD	£70,000	07/11/2022	Flat
45 WOODBINE AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HB	£87,500	31/10/2022	Flat
20 HAWTHORNE GROVE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HD	£98,000	30/09/2022	Flat
123 PARK ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7LP	£110,500	09/09/2022	Flat
16 WOODBINE AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HB	£100,000	02/09/2022	Flat
14 WOODBINE AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HB	£100,000	02/09/2022	Flat
Same street 29 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ	£165,000	22/07/2022	Terraced
Same street 32 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ	£170,000	29/10/2021	Terraced
Same street 3 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ	£170,000	20/09/2021	Terraced
Same street 20 LABURNUM AVENUE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 8HQ	£213,000	17/06/2021	Terraced

Street average: £188,905 (11 sales)

Area average: £94,220 (20 sales)

Capital growth trend

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

5y growth -1.4%

10y growth 26.3%

House Price Index (HM Land Registry — official index, not sold-price averages): North Tyneside. Series: Flats and maisonettes. As of February 2026.

1y (index) -2%

5y (index) 12.7%

10y (index) 28.3%

Rental Range

Estimated market rent for North Tyneside. Low = conservative, Realistic = average, Optimistic = best case.

Low £751/mo

Realistic £834/mo

Optimistic £917/mo

Based on Local Authority from postcode lookup → North Tyneside.

LHA (30th percentile) floor for Tyneside: £489/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View NE28 8HQ

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	High Street Furniture	0.1 miles
Shop	The Highstreet Bed Superstore	0.1 miles
Bus stop	WALLSEND TOWN CENTRE (M)	0.1 miles
Train station	Wallsend	0.2 miles
Hospital	Sir GB Hunter Memorial Hospital	0.3 miles
Train station	Hadrian Road	0.7 miles
Hospital	Walkergate Park Hospital	1.2 miles
University	Henderson Hall	1.7 miles
University	Northumbria University Coach Lane Campus	1.8 miles

Street-level crime

Category	Count
Violence and sexual offences	76
Anti-social behaviour	52
Criminal damage and arson	31
Public order	18
Shoplifting	12
Other crime	9
Vehicle crime	8
Burglary	7
Drugs	6
Other theft	6
Robbery	3
Theft from the person	3
Bicycle theft	1
Total incidents	232

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

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Richardson Dees Primary School	Primary	0.3 miles	Good — 21 Sep 2022
Carville Primary School	Primary	0.4 miles	— (No rating)
Western Community Primary School	Primary	0.4 miles	Good — 9 Jun 2024
St Columba's Catholic Primary School, Wallsend	Primary	0.4 miles	Good — 16 Oct 2013
Burnside College	Secondary	0.5 miles	Good — 10 Feb 2020

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed Flat, High St West, NE28	£525/mo	1	0.22 miles	OpenRent
1 Bed Flat, High St West, NE28	£525/mo	1	0.22 miles	OpenRent
1 Bed Flat, Tiberius Close, NE28	£580/mo	1	0.3 miles	OpenRent

Average rent: £543/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.77%

Max investor price (0.8%) £65,625

Target investor price (1%) £52,500

Gross yield 9.3%

Cost-to-rent ratio 10.8×

Monthly cashflow £180/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 10.9%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).