According to the public record, 40, Monks Wood, North Shields is a modern house with 645 ft2 of internal area and sits on a 202 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Monks Wood, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
40, Monks Wood, North Shields has no recent1 records in the Land Registry database and a single entry in the EPC database dated February 2015.
We combine this information with public data 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 40 Monks Wood North Shields as £244,538 and the rental value as £1,325 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 40 Monks Wood North Shields has increased by £3,953 (1.6%) and its rental value has increased by £131 per month (9.9%).
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 40, Monks Wood, North Shields is in very good condition we estimate a sale value of £256,765 and rental value of £1,392 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,421 and a rental value of £1,233 per month.
If you were able to purchase this property for the estimated value of £244,538, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,202 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, 40, Monks Wood, North Shields sits on a plot of 202m2.
We have plot size data on 50 out of 63 other houses in the postcode and 40, Monks Wood, North Shields sits on the 36th largest plot.
According to HM Land Registry, 40, Monks Wood, North Shields was last sold on 26 Apr 1996 for £56,450 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Monks Wood, North Shields within a radius of 620 metres over the last 2 years.
The most recent example is 62, Monks Wood, North Shields, NE30 2UA, a Leasehold house which sold for £225,300 in Mar 2023.
Read more about house prices in NE30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monks Wood, North Shields, NE30 has a total of 193 addresses. According to our analysis of all the public data, 40, Monks Wood, North Shields is the 155th largest and the 156th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in NE30.
40, Monks Wood, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 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 40, Monks Wood, North Shields is Northumberland Park (Tyne & Wear) station which is 4.0 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 40, Monks Wood, North Shields, 55.0% of property is privately owned outright and 30.8% 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 40, Monks Wood, North Shields, 13.8% of residents are recorded as possessing school level qualifications and 30.4% 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 40, Monks Wood, North Shields, the average age was 45.2 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 40, Monks Wood, North Shields, 2.4% 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 40, Monks Wood, North Shields, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.