According to the public record, 23, Preston Avenue, North Shields is a period freehold house with 1,668 ft2 of internal area and sits on a 185 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Preston Avenue, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
23, Preston Avenue, North Shields has 21 entries in the Land Registry database, most recently in December 2014 and a single entry in the EPC database dated June 2014.
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 Preston Avenue North Shields as £405,039 and the rental value as £1,645 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 23 Preston Avenue North Shields has decreased by £939 (0.2%) and its rental value has increased by £133 per month (8.1%).
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, Preston Avenue, North Shields is in very good condition we estimate a sale value of £425,291 and rental value of £1,727 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,686 and a rental value of £1,530 per month.
If you were able to purchase this property for the estimated value of £405,039, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,991 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, Preston Avenue, North Shields sits on a plot of 185m2.
We have plot size data on 19 out of 31 other houses in the postcode and 23, Preston Avenue, North Shields sits on the 12th largest plot.
According to HM Land Registry, 23, Preston Avenue, North Shields was last sold on 02 Dec 2014 for £288,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2014, the market for similar properties has risen 49.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Preston Avenue, North Shields within a radius of 460 metres over the last 2 years.
The most recent example is 25, Preston Avenue, North Shields, NE30 2BN, a Freehold house which sold for £410,000 in May 2022.
Read more about house prices in NE30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Avenue, North Shields, NE30 has a total of 49 addresses. According to our analysis of all the public data, 23, Preston Avenue, North Shields is the 29th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £87k more expensive than the average property in NE30.
23, Preston Avenue, North Shields has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Jun 2014.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 23, Preston Avenue, 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, Preston Avenue, North Shields, 39.8% of property is privately owned outright and 39.0% 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 23, Preston Avenue, North Shields, 12.8% of residents are recorded as possessing school level qualifications and 47.8% 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, Preston Avenue, North Shields, the average age was 45.5 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, Preston Avenue, North Shields, 0.0% 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, Preston Avenue, 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.