According to the public record, 48, Monks Wood, North Shields is a modern leasehold house with 1,011 ft2 of internal area and sits on a 185 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Monks Wood, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
48, Monks Wood, North Shields has 21 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated May 2022.
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 48 Monks Wood North Shields as £311,004 and the rental value as £1,534 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 48 Monks Wood North Shields has increased by £1,129 (0.4%) and its rental value has increased by £131 per month (8.5%).
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, Monks Wood, North Shields is in very good condition we estimate a sale value of £326,554 and rental value of £1,610 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,233 and a rental value of £1,426 per month.
If you were able to purchase this property for the estimated value of £311,004, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,528 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, 48, Monks Wood, North Shields sits on a plot of 185m2.
We have plot size data on 50 out of 63 other houses in the postcode and 48, Monks Wood, North Shields sits on the 39th largest plot.
According to HM Land Registry, 48, Monks Wood, North Shields was last sold on 19 Aug 2022 for £290,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Aug 2022, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Monks Wood, North Shields within a radius of 610 metres over the last 2 years.
The most recent example is 128, Monks Wood, North Shields, NE30 2UB, a Leasehold house which sold for £288,250 in Sep 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, 48, Monks Wood, North Shields is the 112th largest and the 115th most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in NE30.
48, Monks Wood, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 May 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 48, 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 48, 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 48, 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 48, 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 48, 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 48, 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.