According to the public record, 40, Walton Avenue, North Shields is a period freehold house with 1,582 ft2 of internal area and sits on a 631 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Walton Avenue, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
40, Walton Avenue, North Shields has a single entry in the Land Registry database from June 2018 and a single entry in the EPC database dated February 2018.
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 Walton Avenue North Shields as £341,931 and the rental value as £1,732 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 40 Walton Avenue North Shields has decreased by £1,070 (0.3%) and its rental value has increased by £120 per month (7.0%).
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, Walton Avenue, North Shields is in very good condition we estimate a sale value of £359,027 and rental value of £1,818 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £317,996 and a rental value of £1,610 per month.
If you were able to purchase this property for the estimated value of £341,931, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,680 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, Walton Avenue, North Shields sits on a plot of 631m2.
We have plot size data on 7 out of 12 other houses in the postcode and 40, Walton Avenue, North Shields sits on the 2nd largest plot.
According to HM Land Registry, 40, Walton Avenue, North Shields was last sold on 01 Jun 2018 for £279,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2018, the market for similar properties has risen 27.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Walton Avenue, North Shields within a radius of 520 metres over the last 2 years.
The most recent example is 70, Sandringham Gardens, North Shields, NE29 9AY, a Freehold house which sold for £285,000 in Mar 2022.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Walton Avenue, North Shields, NE29 has a total of 51 addresses. According to our analysis of all the public data, 40, Walton Avenue, North Shields is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £144k more expensive than the average property in NE29.
40, Walton Avenue, North Shields has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 07 Feb 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 40, Walton Avenue, 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 40, Walton Avenue, North Shields, 42.2% of property is privately owned outright and 36.7% 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, Walton Avenue, North Shields, 12.2% 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, Walton Avenue, North Shields, the average age was 44 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, Walton Avenue, North Shields, 0.7% 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, Walton Avenue, 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.