According to the public record, 48, Devon Road, North Shields is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 879 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Devon Road, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
48, Devon Road, North Shields has 2 entries in the Land Registry database, most recently in December 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 48 Devon Road North Shields as £164,633 and the rental value as £1,070 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 48 Devon Road North Shields has increased by £2,045 (1.2%) and its rental value has increased by £96 per month (9.0%).
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 48, Devon Road, North Shields is in very good condition we estimate a sale value of £172,865 and rental value of £1,123 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,109 and a rental value of £995 per month.
If you were able to purchase this property for the estimated value of £164,633, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £809 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 HM Land Registry, 48, Devon Road, North Shields was last sold on 18 Dec 2014 for £117,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2014, the market for similar properties has risen 48.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Devon Road, North Shields within a radius of 620 metres over the last 2 years.
The most recent example is 14, Bude Grove, North Shields, NE29 8PW, a Freehold house which sold for £151,000 in Apr 2024.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devon Road, North Shields, NE29 has a total of 77 addresses. According to our analysis of all the public data, 48, Devon Road, North Shields is the 39th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in NE29.
The closest station to 48, Devon Road, North Shields is Northumberland Park (Tyne & Wear) station which is 3.3 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 48, Devon Road, North Shields, 36.3% of property is privately owned with a mortgage and 28.2% is socially 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 48, Devon Road, North Shields, 21.9% of residents are recorded as possessing school level qualifications and 20.3% 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 48, Devon Road, 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 48, Devon Road, 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 48, Devon Road, North Shields, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.