According to the public record, 23, The Drive, North Shields is a mid-century freehold house with 1,905 ft2 of internal area and sits on a 296 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
The Drive, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
23, The Drive, North Shields has a single entry in the Land Registry database from October 2015 and a single entry in the EPC database dated April 2013.
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 The Drive North Shields as £731,725 and the rental value as £1,812 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 23 The Drive North Shields has decreased by £7,421 (1.0%) and its rental value has increased by £134 per month (7.4%).
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, The Drive, North Shields is in very good condition we estimate a sale value of £768,311 and rental value of £1,903 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £680,504 and a rental value of £1,685 per month.
If you were able to purchase this property for the estimated value of £731,725, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,596 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, The Drive, North Shields sits on a plot of 296m2.
We have plot size data on 16 out of 29 other houses in the postcode and 23, The Drive, North Shields sits on the 9th largest plot.
According to HM Land Registry, 23, The Drive, North Shields was last sold on 09 Oct 2015 for £395,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2015, the market for similar properties has risen 42.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, The Drive, North Shields within a radius of 570 metres over the last 2 years.
The most recent example is 4, Abbey Drive, North Shields, NE30 4JU, a Freehold house which sold for £635,000 in Oct 2021.
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, 23, The Drive, North Shields is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £414k more expensive than the average property in NE30.
23, The Drive, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Apr 2013.
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, 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 23, 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 23, 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 23, 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 23, 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 23, 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.