According to the public record, 8, Studland Close, North Shields is a mid-century freehold house with 897 ft2 of internal area and sits on a 222 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Studland Close, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
8, Studland Close, North Shields has a single entry in the Land Registry database from May 2009 and a single entry in the EPC database dated March 2009.
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 8 Studland Close North Shields as £151,219 and the rental value as £978 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 8 Studland Close North Shields has decreased by £576 (0.4%) and its rental value has increased by £74 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 8, Studland Close, North Shields is in very good condition we estimate a sale value of £158,780 and rental value of £1,026 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £140,634 and a rental value of £909 per month.
If you were able to purchase this property for the estimated value of £151,219, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £743 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, 8, Studland Close, North Shields sits on a plot of 222m2.
We have plot size data on 4 out of 11 other houses in the postcode and 8, Studland Close, North Shields sits on the 2nd largest plot.
According to HM Land Registry, 8, Studland Close, North Shields was last sold on 26 May 2009 for £160,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2009, the market for similar properties has risen 71.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Studland Close, North Shields within a radius of 650 metres over the last 2 years.
The most recent example is 22, Mendip Close, North Shields, NE29 9QP, a Freehold house which sold for £158,000 in May 2024.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Studland Close, North Shields, NE29 has a total of 11 addresses. According to our analysis of all the public data, 8, Studland Close, North Shields is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in NE29.
8, Studland Close, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Mar 2009.
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 8, Studland Close, North Shields is Northumberland Park (Tyne & Wear) station which is 4.0 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 8, Studland Close, North Shields, 51.7% of property is privately owned outright and 44.1% 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 8, Studland Close, North Shields, 16.5% of residents are recorded as possessing school level qualifications and 33.5% 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 8, Studland Close, North Shields, the average age was 45.1 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 8, Studland Close, North Shields, 1.6% 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 8, Studland Close, North Shields, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.