According to the public record, 13, Lovaine Terrace, North Shields is a period freehold house with 1,076 ft2 of internal area and sits on a 82.4 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lovaine Terrace, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
13, Lovaine Terrace, North Shields has 41 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 13 Lovaine Terrace North Shields as £251,698 and the rental value as £1,356 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 13 Lovaine Terrace North Shields has increased by £1,116 (0.4%) and its rental value has increased by £97 per month (7.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 13, Lovaine Terrace, North Shields is in very good condition we estimate a sale value of £264,283 and rental value of £1,424 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,079 and a rental value of £1,261 per month.
If you were able to purchase this property for the estimated value of £251,698, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,237 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 13, Lovaine Terrace, North Shields sits on a plot of 82m2.
We have plot size data on 6 out of 14 other houses in the postcode and 13, Lovaine Terrace, North Shields sits on the 7th largest plot.
According to HM Land Registry, 13, Lovaine Terrace, North Shields was last sold on 25 Aug 2023 for £269,950 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Aug 2023, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Lovaine Terrace, North Shields within a radius of 420 metres over the last 2 years.
The most recent example is 3, Grosvenor Place, North Shields, NE29 0NH, a Freehold house which sold for £250,000 in Oct 2023.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lovaine Terrace, North Shields, NE29 has a total of 23 addresses. According to our analysis of all the public data, 13, Lovaine Terrace, North Shields is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in NE29.
13, Lovaine Terrace, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 13, Lovaine Terrace, North Shields is Northumberland Park (Tyne & Wear) station which is 4.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 13, Lovaine Terrace, North Shields, 53.4% of property is privately owned outright and 25.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 13, Lovaine Terrace, North Shields, 11.2% of residents are recorded as possessing school level qualifications and 38.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 13, Lovaine Terrace, North Shields, the average age was 44 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 13, Lovaine Terrace, North Shields, 1.1% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 13, Lovaine Terrace, North Shields, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.