40 The Avenue, Wallsend, NE28 6BT

UPRN:47004692Purpose Built Flat2 bedsBuilt 1900-1929

LeaseholdCouncil Tax: Band AEPC: C (70)

Data freshness:Listing· freshPrice Paid· freshPlanning· 4mo agoEPC· 3mo agoRisk· 5mo agoConnectivity· 1mo agoSchools· 2mo agoAmenities· 1mo agoArea· Census 2021

HP Score

/ 100

Mixed

Verdict

3 days ago

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate

Evidence

20 of 21 sources

Sale Estimate

£80,000

£76k - £84kHigh

Estimate

£80k

Range

£76k – £84k

Rent Estimate (pcm)

£650

£600 - £700

Monthly

£650

Yield

12.00%

Verdict

Derived from HomePortfolio scores

40 The Avenue earns an INVESTIGATE rating with HP Score 63/100. Investment score 63/100 reflects moderate fundamentals. Crime intensity is elevated. Walkability is good (79/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesEPC RegisterPortal listingsOfcom Connected NationsOfcom mobile coverageMarket estimates (third-party AVM)HM Land Registry sales matched to addressDefra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry covenantsHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

63/ 100

Mixed

Investment Score

63/ 100

Moderate

Crime Score

71/ 100

Elevated

Walkability

79/ 100

High

Transit & Bike

Transit 38Bike 65

Walk Score, out of 100

Opportunity

Why this could be an opportunity

Reduced confidence2 independent sourcesLead to verifyListing checked 2 Nov 2026

Fewer independent sources agree, or a component could not be scored.

Check before relying on this score: leasehold with no service charge disclosed - the stress test assumes GBP 0. It ranks after every home whose inputs are verified.

Valuation edge2.5/15
claims [AVM +18.8% (HIGH), sold-comps +31.6%, £/sqft +31.7%] → measured edge +0.50pp of the ask; on later-registered sales an AVM discount carried no edge and a sold-evidence gap at most +0.5pp
Market estimate used (HIGH confidence) · snapshot 12 Oct 2026
- valuation_snapshotsestimate for 47004692· as of 12 Oct 2026
- property_comparablessold-evidence family (implied value + £/sqft): 12 comps, dispersion 24.5%· as of 31 Oct 2026
Rental economics40/40
gross yield 10.2% on contractual rent (listing-disclosed tenancy)
- listing_factscontractual rent 550/mo (tenanted)· as of 2 Nov 2026
Stress margin0/30
stressed cash flow +0/mo, +0% of rent (6.75% on a 75% loan; no service charge or ground rent disclosed); passes the stress; leasehold with no service charge disclosed - the stress assumes GBP 0
- underwriting_assumptionscosts not disclosed by the advert· as of 2 Nov 2026· verify before relying on this
Seller motivationNot scored
context, not scored: 4 price cut(s), 98 days on market; homes with a cut sold 0.2-0.3pp further below the cut ask, which is not an edge
- portal_listingsprice_changes + first_published_date· as of 2 Nov 2026
Risk & liquidity14.6/15
448 sales/12mo in area; valuation range width 10%
- property_intelligencetransactions_12mo

4 of 4 components scored. Ranks on gross yield, the stress margin, risk and disclosed facts. A pricing claim earns only its measured edge: today 0 for the market estimate and at most +0.5pp for sold evidence. The score itself is not yet checked against the outcomes of homes it scored.

Economics

What happens to your money

Price sensitivity

£49,000£75,000

The same scorer re-run at hypothetical asking prices, holding rent, comps and listing history constant. Not a prediction of what the seller would accept.

Your assumptions

Purchase price£65,000

At the asking price

Monthly rent£650/mo

Evidenced range £600-£700

Interest rate5.4%

Loan to value75%

Cash required: £20,800
Net cash flow: £231/mo
Cash on cash: 13.3%
Score at this price: 57

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 2.96 - clears the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Evidence

Where every number comes from

valuation_snapshotsestimate for 47004692Valuation edge · as of 12 Oct 2026
property_comparablessold-evidence family (implied value + £/sqft): 12 comps, dispersion 24.5%Valuation edge · as of 31 Oct 2026
listing_factscontractual rent 550/mo (tenanted)Rental economics · as of 2 Nov 2026
underwriting_assumptionscosts not disclosed by the advertStress margin · as of 2 Nov 2026 · verify before relying on this
portal_listingsprice_changes + first_published_dateSeller motivation · as of 2 Nov 2026

Risks

What could kill this deal

Score confidence is reduced
fewer independent sources agree, or a component could not be scored
Stress margin needs verification before you rely on it
costs not disclosed by the advert
Seller motivation could not be scored
context, not scored: 4 price cut(s), 98 days on market; homes with a cut sold 0.2-0.3pp further below the cut ask, which is not an edge

Property risk deep-dive →

Plan

Before you offer

1. Ask the agent why the price was reduced and whether a previous sale fell through.
4 price cut(s) recorded on the listing history.
2. Treat the gap to the estimate as unproven - compare recent sold prices on the street yourself before pricing an offer around it.
On later completions, homes listed below their estimate sold at the same share of the asking price as the rest.
3. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Every step above was generated from a specific gap or flag in the evidence - no generic advice, no invented tasks.

Valuation & Market

Sale Estimate£80,000

Rent Estimate (pcm)£650

Gross Yield12.00%

1y Growth-32.7%

3y Growth+2.0%

5y Growth+3.0%

10y Growth+3.6%

Last Sold Price£67,500 (2017-07-07)

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceModerate
RadonLow
MiningUnknown
LandslideLow
Air QualityLow
NoiseModerate

View Full Risk Report

Planning Activity

Recent Apps

0NE28 6BT

Approval Rate

-12mo

Development

low

26/01507/COND
Discharge of condition 4 (Noise Insulation Scheme) of planning approval 26/01266/PRIOTH
Pending
26/01472/FUL
Conversion of existing public house to 3no cluster flats, 3 no studio flats and 4 one bed flats. Removal of extension in the rear yard and construction of 2 storey extension to match existing building along with general building amendments
Pending
26/01352/FUL
Change of use and conversion of the first floor from commercial use (Use Class E) to provide one six-person house in multiple occupation (Use Class C4) and three one-bedroom self-contained flats (Use Class C3), with associated internal alterations, replacement windows, acoustic mitigation and refuse storage arrangements. The existing ground-floor commercial use would be retained
Pending

View Planning Timeline

Ownership

Corporate Ownership62.3%
Overseas OwnershipNo
Lease Term Remaining103 yrs
CovenantsRestrictive
Lease TypeLeasehold
Last Ownership Change2017-07-07
SourceLand Registry

View Ownership Details

Connectivity

Broadband (Standard)

15 Mbps

Mobile 4G/5G Coverage

EEThreeO2Vodafone

EV Charger

PTAL Rating

View Connectivity Map

Area Profile

Median EarningsLocal authority£31,106

Population Density2,591 /km²

Owner Occupied37%

Age Distribution

0-15 17%16-64 68%65+ 15%

View Area Profile

Schools Nearby

Carville Academy
0.1 mi
Inspected as Carville Primary School (URN 108592) on 16 Sep 2025
Western Community Primary School
0.4 mi
Good
Walker Riverside Academy
0.4 mi
Area grades2024
Inspected after Ofsted withdrew the single overall grade.
St Alban's Catholic Primary School, Walker
0.6 mi
Good

4 of 12 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.

View All Schools

Comparables

View All

24B The Avenue
-
£88k
-
26 The Avenue
-
£138k
-
48 The Avenue
-
£201k
-
52 The Avenue
-
£195k
-

Boundary data not available for this property

No registered title polygon, building footprint, or street match for this property yet.

Why: No HMLR INSPIRE / OSM footprint / OS Open USRN match for this UPRN

Source: HM Land Registry INSPIRE / OpenStreetMap / OS Open USRN