According to the public record, 2, The Drive, North Shields is a early-century freehold house with 1,160 ft2 of internal area and sits on a 273 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Drive, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
2, The Drive, North Shields has a single entry in the Land Registry database from August 2013 and a single entry in the EPC database dated March 2012.
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 The Drive North Shields as £542,441 and the rental value as £1,514 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 2 The Drive North Shields has increased by £1,547 (0.3%) and its rental value has increased by £133 per month (8.8%).
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, The Drive, North Shields is in very good condition we estimate a sale value of £569,563 and rental value of £1,590 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £504,470 and a rental value of £1,408 per month.
If you were able to purchase this property for the estimated value of £542,441, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,666 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, The Drive, North Shields sits on a plot of 273m2.
We have plot size data on 16 out of 29 other houses in the postcode and 2, The Drive, North Shields sits on the 15th largest plot.
According to HM Land Registry, 2, The Drive, North Shields was last sold on 23 Aug 2013 for £275,050 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2013, the market for similar properties has risen 58.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Drive, North Shields within a radius of 530 metres over the last 2 years.
The most recent example is 29, Percy Park, North Shields, NE30 4JZ, a Freehold house which sold for £540,000 in Feb 2024.
Read more about house prices in NE30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Drive, North Shields, NE30 has a total of 52 addresses. According to our analysis of all the public data, 2, The Drive, North Shields is the 48th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £225k more expensive than the average property in NE30.
2, The Drive, North Shields has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Mar 2012.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 2, The Drive, North Shields is Northumberland Park (Tyne & Wear) station which is 5.9 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 2, The Drive, North Shields, 58.5% of property is privately owned outright and 37.4% 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, The Drive, North Shields, 24.1% of residents are recorded as possessing school level qualifications and 60.6% 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 2, The Drive, North Shields, the average age was 45.8 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, The Drive, 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, The Drive, 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.