According to the public record, 2, Drummond Terrace, North Shields is a period freehold house with 1,248 ft2 of internal area and sits on a 130 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Drummond Terrace, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
2, Drummond Terrace, North Shields has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated October 2020.
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 2 Drummond Terrace North Shields as £303,051 and the rental value as £1,472 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 2 Drummond Terrace North Shields has increased by £1,302 (0.4%) and its rental value has increased by £125 per month (8.5%).
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 2, Drummond Terrace, North Shields is in very good condition we estimate a sale value of £318,204 and rental value of £1,545 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £281,837 and a rental value of £1,369 per month.
If you were able to purchase this property for the estimated value of £303,051, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,489 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, 2, Drummond Terrace, North Shields sits on a plot of 130m2.
We have plot size data on 12 out of 19 other houses in the postcode and 2, Drummond Terrace, North Shields sits on the 26th largest plot.
According to HM Land Registry, 2, Drummond Terrace, North Shields was last sold on 08 Mar 2021 for £175,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 14.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Drummond Terrace, North Shields within a radius of 400 metres over the last 2 years.
The most recent example is 8, Drummond Terrace, North Shields, NE30 2AW, a Freehold house which sold for £267,500 in Mar 2023.
Read more about house prices in NE30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drummond Terrace, North Shields, NE30 has a total of 81 addresses. According to our analysis of all the public data, 2, Drummond Terrace, North Shields is the 11th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in NE30.
2, Drummond Terrace, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Oct 2020.
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 2, Drummond Terrace, North Shields is Northumberland Park (Tyne & Wear) station which is 5.3 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 2, Drummond Terrace, North Shields, 40.9% of property is privately owned with a mortgage and 28.2% is privately owned outright.
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 2, Drummond Terrace, North Shields, 15.1% of residents are recorded as possessing school level qualifications and 41.2% 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 2, Drummond 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 2, Drummond Terrace, North Shields, 0.9% 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 2, Drummond Terrace, 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.