According to the public record, 5, Mill Grove, North Shields is a period freehold house and with 1,280 ft2 of internal area and sits on a 204 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mill Grove, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
5, Mill Grove, North Shields has 2 entries in the Land Registry database, most recently in May 2016 and no records in the EPC database.
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 Mill Grove North Shields as £463,094 and the rental value as £1,698 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 5 Mill Grove North Shields has decreased by £3,760 (0.8%) and its rental value has increased by £128 per month (7.6%).
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 5, Mill Grove, North Shields is in very good condition we estimate a sale value of £486,248 and rental value of £1,783 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £430,677 and a rental value of £1,579 per month.
If you were able to purchase this property for the estimated value of £463,094, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,276 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, Mill Grove, North Shields sits on a plot of 204m2.
We have plot size data on 8 out of 15 other houses in the postcode and 5, Mill Grove, North Shields sits on the 6th largest plot.
According to HM Land Registry, 5, Mill Grove, North Shields was last sold on 27 May 2016 for £294,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2016, the market for similar properties has risen 37.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Mill Grove, North Shields within a radius of 259m over the last 2 years.
The most recent example is 3, Brislee Avenue, North Shields, NE30 2SQ, a Freehold house which sold for £445,000 in Aug 2023.
Read more about house prices in NE30.
Mill Grove, North Shields, NE30 has a total of 27 addresses. According to our analysis of all the public data, 5, Mill Grove, North Shields is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £145k more expensive than the average property in NE30.
5, Mill Grove, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jan 2016.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 5, Mill Grove, North Shields is Northumberland Park (Tyne & Wear) station which is 5.7 km 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, Mill Grove, North Shields, 48.8% of property is privately owned outright and 29.1% 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, Mill Grove, North Shields, 17.7% of residents are recorded as possessing school level qualifications and 57.4% 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, Mill Grove, North Shields, the average age was 45.8 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, Mill Grove, North Shields, 1.9% 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, Mill Grove, North Shields, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.