According to the public record, 40, Newington Drive, North Shields is a modern freehold house with 753 ft2 of internal area and sits on a 87.2 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Newington Drive, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
40, Newington Drive, North Shields has 31 entries in the Land Registry database, most recently in January 2012 and a single entry in the EPC database dated July 2021.
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 40 Newington Drive North Shields as £216,576 and the rental value as £1,402 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 40 Newington Drive North Shields has decreased by £825 (0.4%) and its rental value has increased by £106 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 40, Newington Drive, North Shields is in very good condition we estimate a sale value of £227,405 and rental value of £1,472 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,416 and a rental value of £1,304 per month.
If you were able to purchase this property for the estimated value of £216,576, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,064 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, Newington Drive, North Shields sits on a plot of 87m2.
We have plot size data on 22 out of 33 other houses in the postcode and 40, Newington Drive, North Shields sits on the 22nd largest plot.
According to HM Land Registry, 40, Newington Drive, North Shields was last sold on 13 Jan 2012 for £137,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jan 2012, the market for similar properties has risen 63.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Newington Drive, North Shields within a radius of 640 metres over the last 2 years.
The most recent example is 18, Malvern Road, North Shields, NE29 9EF, a Freehold house which sold for £179,000 in Mar 2022.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newington Drive, North Shields, NE29 has a total of 60 addresses. According to our analysis of all the public data, 40, Newington Drive, North Shields is the 41st largest and the 27th most expensive property on the street.
When compared to the postcode district it is £18k more expensive than the average property in NE29.
40, Newington Drive, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jul 2021.
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, Newington Drive, 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, Newington Drive, North Shields, 37.4% of property is privately owned outright and 31.9% is privately 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 40, Newington Drive, North Shields, 14.7% of residents are recorded as possessing school level qualifications and 36.5% 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, Newington Drive, 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 40, Newington Drive, 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 40, Newington Drive, North Shields, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.