According to the public record, 61, Guisborough Drive, North Shields is a mid-century freehold house with 871 ft2 of internal area and sits on a 91.2 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Guisborough Drive, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
61, Guisborough Drive, North Shields has a single entry in the Land Registry database from November 2015 and a single entry in the EPC database dated August 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 61 Guisborough Drive North Shields as £121,158 and the rental value as £789 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 61 Guisborough Drive North Shields has increased by £2,687 (2.2%) and its rental value has increased by £76 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 61, Guisborough Drive, North Shields is in very good condition we estimate a sale value of £127,216 and rental value of £828 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,677 and a rental value of £734 per month.
If you were able to purchase this property for the estimated value of £121,158, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £595 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, 61, Guisborough Drive, North Shields sits on a plot of 91m2.
We have plot size data on 24 out of 37 other houses in the postcode and 61, Guisborough Drive, North Shields sits on the 5th largest plot.
According to HM Land Registry, 61, Guisborough Drive, North Shields was last sold on 13 Nov 2015 for £76,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2015, the market for similar properties has risen 43.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Guisborough Drive, North Shields within a radius of 670 metres over the last 2 years.
The most recent example is 49, Guisborough Drive, North Shields, NE29 8BS, a Freehold house which sold for £121,200 in Jul 2022.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Guisborough Drive, North Shields, NE29 has a total of 81 addresses. According to our analysis of all the public data, 61, Guisborough Drive, North Shields is the 47th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £77k less expensive than the average property in NE29.
61, Guisborough Drive, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 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 61, Guisborough Drive, 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 61, Guisborough Drive, 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 61, Guisborough Drive, 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 61, Guisborough Drive, 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 61, Guisborough Drive, 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 61, Guisborough Drive, 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.