According to the public record, 5, Lovaine Avenue, North Shields is a period freehold house with 1,144 ft2 of internal area and sits on a 111 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lovaine Avenue, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
5, Lovaine Avenue, North Shields has 31 entries in the Land Registry database, most recently in September 2006 and a single entry in the EPC database dated January 2010.
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 5 Lovaine Avenue North Shields as £220,472 and the rental value as £1,304 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 5 Lovaine Avenue North Shields has increased by £2,582 (1.2%) and its rental value has increased by £94 per month (7.2%).
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 5, Lovaine Avenue, North Shields is in very good condition we estimate a sale value of £231,496 and rental value of £1,369 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,039 and a rental value of £1,213 per month.
If you were able to purchase this property for the estimated value of £220,472, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,084 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, 5, Lovaine Avenue, North Shields sits on a plot of 111m2.
We have plot size data on 6 out of 8 other houses in the postcode and 5, Lovaine Avenue, North Shields sits on the 6th largest plot.
According to HM Land Registry, 5, Lovaine Avenue, North Shields was last sold on 13 Sep 2006 for £131,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Lovaine Avenue, North Shields within a radius of 400 metres over the last 2 years.
The most recent example is 3, South Preston Terrace, North Shields, NE29 0HY, a Freehold house which sold for £210,950 in Mar 2022.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lovaine Avenue, North Shields, NE29 has a total of 8 addresses. According to our analysis of all the public data, 5, Lovaine Avenue, North Shields is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £22k more expensive than the average property in NE29.
5, Lovaine Avenue, North Shields has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Jan 2010.
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 5, Lovaine Avenue, North Shields is Northumberland Park (Tyne & Wear) station which is 5.1 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 5, Lovaine Avenue, North Shields, 41.6% of property is privately rented and 31.4% 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 5, Lovaine Avenue, North Shields, 18.3% of residents are recorded as possessing school level qualifications and 37.4% 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 5, Lovaine 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 5, Lovaine Avenue, 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 5, Lovaine Avenue, 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.