According to the public record, The Stables, North Shields is a modern freehold house with 936 ft2 of internal area and sits on a 232 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Preston Towers, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
The Stables, North Shields has 21 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated August 2020.
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 The Stables North Shields as £321,395 and the rental value as £1,663 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of The Stables North Shields has decreased by £1,477 (0.5%) and its rental value has increased by £128 per month (7.7%).
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 The Stables, North Shields is in very good condition we estimate a sale value of £337,465 and rental value of £1,746 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £298,897 and a rental value of £1,547 per month.
If you were able to purchase this property for the estimated value of £321,395, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,580 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, The Stables, North Shields sits on a plot of 232m2.
We have plot size data on 1 out of 3 other houses in the postcode and The Stables, North Shields sits on the 2nd largest plot.
According to HM Land Registry, The Stables, North Shields was last sold on 14 Apr 2021 for £280,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2021, the market for similar properties has risen 14.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Stables, North Shields within a radius of 560 metres over the last 2 years.
The most recent example is 12, Rathmore Gardens, North Shields, NE30 2SX, a Freehold house which sold for £295,000 in Feb 2023.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Towers, North Shields, NE29 has a total of 9 addresses. According to our analysis of all the public data, The Stables, North Shields is the largest and the most expensive property on the street.
When compared to the postcode district it is £123k more expensive than the average property in NE29.
The Stables, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Aug 2020.
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 The Stables, North Shields is Northumberland Park (Tyne & Wear) station which is 4.7 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 The Stables, North Shields, 44.4% of property is privately owned outright and 36.5% 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 The Stables, North Shields, 11.5% of residents are recorded as possessing school level qualifications and 45.3% 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 The Stables, North Shields, the average age was 45.5 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 The Stables, North Shields, 2.7% 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 The Stables, North Shields, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.