According to the public record, 42, Dereham Way, North Shields is a mid-century house with 753 ft2 of internal area and sits on a 193 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Dereham Way, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
42, Dereham Way, North Shields has no records in the Land Registry database and a single entry in the EPC database dated August 2022.
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 42 Dereham Way North Shields as £153,945 and the rental value as £1,035 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of 42 Dereham Way North Shields has increased by £3,415 (2.2%) and its rental value has increased by £99 per month (9.6%).
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 42, Dereham Way, North Shields is in very good condition we estimate a sale value of £161,642 and rental value of £1,087 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,169 and a rental value of £963 per month.
If you were able to purchase this property for the estimated value of £153,945, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £757 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, 42, Dereham Way, North Shields sits on a plot of 193m2.
We have plot size data on 23 out of 44 other houses in the postcode and 42, Dereham Way, North Shields sits on the 15th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Dereham Way, North Shields within a radius of 700 metres over the last 2 years.
The most recent example is 45, Honiton Way, North Shields, NE29 8HE, a Freehold house which sold for £116,000 in Dec 2023.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dereham Way, North Shields, NE29 has a total of 63 addresses. According to our analysis of all the public data, 42, Dereham Way, North Shields is the 47th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in NE29.
42, Dereham Way, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Aug 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 42, Dereham Way, North Shields is Northumberland Park (Tyne & Wear) station which is 2.4 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 42, Dereham Way, North Shields, 43.0% of property is socially rented and 24.2% 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 42, Dereham Way, North Shields, 19.3% of residents are recorded as possessing school level qualifications and 17.3% 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 42, Dereham Way, North Shields, the average age was 39.4 and the most common age was 12.
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 42, Dereham Way, 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 42, Dereham Way, North Shields, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.