According to the public record, 4, Molesdon Close, North Shields is a mid-century freehold house with 818 ft2 of internal area and sits on a 187 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Molesdon Close, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
4, Molesdon Close, North Shields has 31 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated March 2022.
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 4 Molesdon Close North Shields as £225,087 and the rental value as £1,352 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 4 Molesdon Close North Shields has increased by £3,288 (1.5%) and its rental value has increased by £136 per month (10.1%).
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 4, Molesdon Close, North Shields is in very good condition we estimate a sale value of £236,342 and rental value of £1,419 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,331 and a rental value of £1,257 per month.
If you were able to purchase this property for the estimated value of £225,087, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,106 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, 4, Molesdon Close, North Shields sits on a plot of 187m2.
We have plot size data on 4 out of 16 other houses in the postcode and 4, Molesdon Close, North Shields sits on the 4th largest plot.
According to HM Land Registry, 4, Molesdon Close, North Shields was last sold on 01 Jun 2022 for £215,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2022, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Molesdon Close, North Shields within a radius of 600 metres over the last 2 years.
The most recent example is 17, Angerton Avenue, North Shields, NE30 3QY, a Freehold house which sold for £230,000 in Nov 2023.
Read more about house prices in NE30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Molesdon Close, North Shields, NE30 has a total of 16 addresses. According to our analysis of all the public data, 4, Molesdon Close, North Shields is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in NE30.
4, Molesdon Close, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Mar 2022.
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 4, Molesdon Close, North Shields is Northumberland Park (Tyne & Wear) station which is 4.5 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 4, Molesdon Close, North Shields, 39.2% of property is privately owned with a mortgage and 28.8% is privately owned outright.
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 4, Molesdon Close, North Shields, 21.5% of residents are recorded as possessing school level qualifications and 25.3% 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 4, Molesdon Close, 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 4, Molesdon Close, 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 4, Molesdon Close, 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.