According to the public record, 62, Whitehouse Lane, North Shields is a mid-century freehold house with 968 ft2 of internal area and sits on a 170 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Whitehouse Lane, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
62, Whitehouse Lane, North Shields has a single entry in the Land Registry database from November 2019 and a single entry in the EPC database dated July 2019.
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 62 Whitehouse Lane North Shields as £146,677 and the rental value as £929 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 62 Whitehouse Lane North Shields has increased by £1,822 (1.2%) and its rental value has increased by £83 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 62, Whitehouse Lane, North Shields is in very good condition we estimate a sale value of £154,010 and rental value of £976 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,409 and a rental value of £864 per month.
If you were able to purchase this property for the estimated value of £146,677, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £721 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, 62, Whitehouse Lane, North Shields sits on a plot of 170m2.
We have plot size data on 7 out of 31 other houses in the postcode and 62, Whitehouse Lane, North Shields sits on the 4th largest plot.
According to HM Land Registry, 62, Whitehouse Lane, North Shields was last sold on 28 Nov 2019 for £106,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2019, the market for similar properties has risen 28.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Whitehouse Lane, North Shields within a radius of 560 metres over the last 2 years.
The most recent example is 128, Morwick Road, North Shields, NE29 8LA, a Freehold house which sold for £145,000 in Jul 2023.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Whitehouse Lane, North Shields, NE29 has a total of 112 addresses. According to our analysis of all the public data, 62, Whitehouse Lane, North Shields is the 20th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in NE29.
62, Whitehouse Lane, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jul 2019.
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 62, Whitehouse Lane, North Shields is Northumberland Park (Tyne & Wear) station which is 3.5 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 62, Whitehouse Lane, North Shields, 45.8% of property is socially rented and 21.4% 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 62, Whitehouse Lane, North Shields, 26.2% of residents are recorded as possessing school level qualifications and 22.6% 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 62, Whitehouse Lane, 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 62, Whitehouse Lane, North Shields, 0.9% 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 62, Whitehouse Lane, North Shields, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.