# 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 |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 59 m² |
| Last sold | £66,000 Nov 2018 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Current heating cost:** £603/year

### Recommendations
- B (1,500)
- Q (14,000)
- W1 (1,200)
- E (25)
- G (450)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0846-2892-7521-9803-5241)

## Description

** 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 |

## 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).*

## Price per Square Metre

- **£/m²:** £1,153/m²

## 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)