According to the public record, 26, Preston Wood, North Shields is a modern freehold house with 1,270 ft2 of internal area and sits on a 373 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Preston Wood, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
26, Preston Wood, North Shields has a single entry in the Land Registry database from July 2015 and a single entry in the EPC database dated February 2015.
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 26 Preston Wood North Shields as £532,646 and the rental value as £1,719 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 26 Preston Wood North Shields has decreased by £258 (0.0%) and its rental value has increased by £145 per month (8.4%).
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 26, Preston Wood, North Shields is in very good condition we estimate a sale value of £559,278 and rental value of £1,805 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £495,361 and a rental value of £1,599 per month.
If you were able to purchase this property for the estimated value of £532,646, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,618 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, 26, Preston Wood, North Shields sits on a plot of 373m2.
We have plot size data on 29 out of 45 other houses in the postcode and 26, Preston Wood, North Shields sits on the 26th largest plot.
According to HM Land Registry, 26, Preston Wood, North Shields was last sold on 13 Jul 2015 for £315,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2015, the market for similar properties has risen 47.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Preston Wood, North Shields within a radius of 590 metres over the last 2 years.
The most recent example is 18, The Wynd, North Shields, NE30 2TE, a Freehold house which sold for £490,000 in Feb 2024.
Read more about house prices in NE30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Wood, North Shields, NE30 has a total of 45 addresses. According to our analysis of all the public data, 26, Preston Wood, North Shields is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £215k more expensive than the average property in NE30.
26, Preston Wood, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Feb 2015.
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 26, Preston Wood, North Shields is Northumberland Park (Tyne & Wear) station which is 4.4 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 26, Preston Wood, North Shields, 43.9% of property is privately owned outright and 27.2% is socially 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 26, Preston Wood, North Shields, 11.9% of residents are recorded as possessing school level qualifications and 38.8% 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 26, Preston Wood, 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 26, Preston Wood, North Shields, 1.2% 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 26, Preston Wood, 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.