According to the public record, 2, Pevensey Close, North Shields is a mid-century freehold house with 1,625 ft2 of internal area and sits on a 279 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Pevensey Close, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
2, Pevensey Close, North Shields has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated April 2016.
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 Pevensey Close North Shields as £318,369 and the rental value as £1,740 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 2 Pevensey Close North Shields has decreased by £2,335 (0.7%) and its rental value has increased by £125 per month (7.2%).
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, Pevensey Close, North Shields is in very good condition we estimate a sale value of £334,288 and rental value of £1,827 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,083 and a rental value of £1,618 per month.
If you were able to purchase this property for the estimated value of £318,369, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,565 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, Pevensey Close, North Shields sits on a plot of 279m2.
We have plot size data on 3 out of 16 other houses in the postcode and 2, Pevensey Close, North Shields sits on the 2nd largest plot.
According to HM Land Registry, 2, Pevensey Close, North Shields was last sold on 04 Mar 2021 for £265,000 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 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Pevensey Close, North Shields within a radius of 640 metres over the last 2 years.
The most recent example is 35, Cleehill Drive, North Shields, NE29 9EW, a Freehold house which sold for £310,000 in Jan 2023.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pevensey Close, North Shields, NE29 has a total of 16 addresses. According to our analysis of all the public data, 2, Pevensey Close, North Shields is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £120k more expensive than the average property in NE29.
2, Pevensey Close, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Apr 2016.
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, Pevensey Close, North Shields is Northumberland Park (Tyne & Wear) station which is 4.0 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, Pevensey Close, North Shields, 51.7% of property is privately owned outright and 44.1% 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 2, Pevensey Close, North Shields, 16.5% of residents are recorded as possessing school level qualifications and 33.5% 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 2, Pevensey Close, North Shields, the average age was 45.1 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, Pevensey Close, North Shields, 1.6% 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, Pevensey Close, North Shields, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.