According to the public record, 72, Billy Mill Avenue, North Shields is a early-century freehold house with 742 ft2 of internal area and sits on a 304 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Billy Mill Avenue, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
72, Billy Mill Avenue, North Shields has 2 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated November 2021.
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 72 Billy Mill Avenue North Shields as £184,044 and the rental value as £1,170 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 72 Billy Mill Avenue North Shields has increased by £1,688 (0.9%) and its rental value has increased by £85 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 72, Billy Mill Avenue, North Shields is in very good condition we estimate a sale value of £193,246 and rental value of £1,229 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,161 and a rental value of £1,088 per month.
If you were able to purchase this property for the estimated value of £184,044, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £905 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, 72, Billy Mill Avenue, North Shields sits on a plot of 304m2.
We have plot size data on 9 out of 19 other houses in the postcode and 72, Billy Mill Avenue, North Shields sits on the largest plot.
According to HM Land Registry, 72, Billy Mill Avenue, North Shields was last sold on 09 Sep 2022 for £200,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2022, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 72, Billy Mill Avenue, North Shields within a radius of 500 metres over the last 2 years.
The most recent example is 6, Verne Road, North Shields, NE29 7LR, a Freehold house which sold for £173,000 in Feb 2023.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Billy Mill Avenue, North Shields, NE29 has a total of 64 addresses. According to our analysis of all the public data, 72, Billy Mill Avenue, North Shields is the 44th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in NE29.
72, Billy Mill Avenue, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Nov 2021.
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 72, Billy Mill Avenue, North Shields is Northumberland Park (Tyne & Wear) station which is 4.3 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 72, Billy Mill Avenue, North Shields, 70.1% of property is privately owned outright and 18.1% 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 72, Billy Mill Avenue, North Shields, 8.5% of residents are recorded as possessing school level qualifications and 21.0% 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 72, Billy Mill Avenue, 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 72, Billy Mill Avenue, North Shields, 1.3% 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 72, Billy Mill Avenue, 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.