According to the public record, 31, Malvern Road, North Shields is a mid-century freehold house with 1,108 ft2 of internal area and sits on a 167 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Malvern Road, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
31, Malvern Road, North Shields has 2 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated May 2017.
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 31 Malvern Road North Shields as £270,925 and the rental value as £1,503 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 31 Malvern Road North Shields has decreased by £1,032 (0.4%) and its rental value has increased by £114 per month (7.6%).
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 31, Malvern Road, North Shields is in very good condition we estimate a sale value of £284,472 and rental value of £1,578 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,961 and a rental value of £1,398 per month.
If you were able to purchase this property for the estimated value of £270,925, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,332 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, 31, Malvern Road, North Shields sits on a plot of 167m2.
We have plot size data on 3 out of 8 other houses in the postcode and 31, Malvern Road, North Shields sits on the 3rd largest plot.
According to HM Land Registry, 31, Malvern Road, North Shields was last sold on 08 Dec 2021 for £257,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2021, the market for similar properties has risen 8.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Malvern Road, North Shields within a radius of 690 metres over the last 2 years.
The most recent example is 1, Sidlaw Avenue, North Shields, NE29 9EA, a Freehold house which sold for £327,500 in Nov 2023.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malvern Road, North Shields, NE29 has a total of 109 addresses. According to our analysis of all the public data, 31, Malvern Road, North Shields is the 52nd largest and the 71st most expensive property on the street.
When compared to the postcode district it is £73k more expensive than the average property in NE29.
31, Malvern Road, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 May 2017.
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 31, Malvern Road, North Shields is Northumberland Park (Tyne & Wear) station which is 3.9 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 31, Malvern Road, North Shields, 54.5% of property is privately owned outright and 38.2% 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 31, Malvern Road, North Shields, 16.5% of residents are recorded as possessing school level qualifications and 33.1% 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 31, Malvern Road, 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 31, Malvern Road, North Shields, 1.4% 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 31, Malvern Road, North Shields, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.