According to the public record, 16, Selkirk Way, North Shields is a mid-century freehold house with 904 ft2 of internal area and sits on a 219 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Selkirk Way, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
16, Selkirk Way, North Shields has a single entry in the Land Registry database from February 2024 and a single entry in the EPC database dated October 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 16 Selkirk Way North Shields as £258,895 and the rental value as £1,488 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 16 Selkirk Way North Shields has increased by £1,377 (0.5%) and its rental value has increased by £115 per month (7.7%).
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 16, Selkirk Way, North Shields is in very good condition we estimate a sale value of £271,840 and rental value of £1,562 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,772 and a rental value of £1,384 per month.
If you were able to purchase this property for the estimated value of £258,895, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,272 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, 16, Selkirk Way, North Shields sits on a plot of 219m2.
We have plot size data on 24 out of 31 other houses in the postcode and 16, Selkirk Way, North Shields sits on the 23rd largest plot.
According to HM Land Registry, 16, Selkirk Way, North Shields was last sold on 27 Feb 2024 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2024, the market for similar properties has risen 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Selkirk Way, North Shields within a radius of 500 metres over the last 2 years.
The most recent example is 39, Billy Mill Lane, North Shields, NE29 8BZ, a Leasehold house which sold for £275,000 in Aug 2023.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Selkirk Way, North Shields, NE29 has a total of 32 addresses. According to our analysis of all the public data, 16, Selkirk Way, North Shields is the 16th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £61k more expensive than the average property in NE29.
16, Selkirk Way, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Oct 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 16, Selkirk Way, North Shields is Northumberland Park (Tyne & Wear) station which is 2.8 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 16, Selkirk Way, North Shields, 33.3% of property is privately owned with a mortgage and 31.7% is socially rented.
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 16, Selkirk Way, North Shields, 18.5% of residents are recorded as possessing school level qualifications and 24.6% 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 16, Selkirk Way, North Shields, the average age was 39.4 and the most common age was 12.
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 16, Selkirk Way, North Shields, 0.4% 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 16, Selkirk Way, North Shields, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.