According to the public record, 23, Cleveland Road, North Shields is a period freehold house with 2,152 ft2 of internal area and sits on a 193 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Cleveland Road, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
23, Cleveland Road, North Shields has a single entry in the Land Registry database from May 2018 and a single entry in the EPC database dated February 2018.
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 23 Cleveland Road North Shields as £453,087 and the rental value as £2,266 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 23 Cleveland Road North Shields has decreased by £1,277 (0.3%) and its rental value has increased by £158 per month (7.0%).
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 23, Cleveland Road, North Shields is in very good condition we estimate a sale value of £475,741 and rental value of £2,379 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £421,371 and a rental value of £2,108 per month.
If you were able to purchase this property for the estimated value of £453,087, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,227 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, 23, Cleveland Road, North Shields sits on a plot of 193m2.
We have plot size data on 13 out of 18 other houses in the postcode and 23, Cleveland Road, North Shields sits on the 14th largest plot.
According to HM Land Registry, 23, Cleveland Road, North Shields was last sold on 16 May 2018 for £290,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen 28.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Cleveland Road, North Shields within a radius of 390 metres over the last 2 years.
The most recent example is 21, Cleveland Road, North Shields, NE29 0NG, a Freehold house which sold for £465,000 in Mar 2021.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cleveland Road, North Shields, NE29 has a total of 100 addresses. According to our analysis of all the public data, 23, Cleveland Road, North Shields is the 14th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £255k more expensive than the average property in NE29.
23, Cleveland Road, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Feb 2018.
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 23, Cleveland Road, North Shields is Northumberland Park (Tyne & Wear) station which is 5.0 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 23, Cleveland Road, North Shields, 44.4% of property is privately owned with a mortgage and 30.6% is privately 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 23, Cleveland Road, North Shields, 18.3% of residents are recorded as possessing school level qualifications and 50.8% 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 23, Cleveland Road, 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 23, Cleveland Road, North Shields, 0.6% 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 23, Cleveland Road, North Shields, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.