8 South Preston Terrace

    8, SOUTH PRESTON TERRACE, NORTH SHIELDS, NE29 0HY

    This terraced freehold property on South Preston Terrace last sold in February 2022 for £175,000. Based on price growth in the NE29 district since then, its estimated current value is £190,493 — placing it in the 22nd percentile nationally and the 52nd percentile within NE29. The property covers 161 m² (1,733 sq ft), giving an estimated value of £1,183 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,733 sq ft

    161 m²

    Last Sale Price

    £175,000

    Feb 2022

    Estimated Valuation

    £190,493

    Est. £/sq ft

    £110/sq ft

    £1,183/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,733 sq ft (161 m²)
    EPC dateOct 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Feb 2022

    £175,000

    25 Feb 2014

    £115,000

    Key Metrics

    Estimated valuation£190,493
    Value per sq ft / m²£110/sq ft (£1,183/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile52nd percentile
    National percentile22nd percentile

    District Context — NE29

    NE29 covers Whitley Bay and surrounding areas on the North Tyneside coast, north of Newcastle. It is a residential seaside district with a mix of family homes and holiday appeal.

    Average Property Price - NE29

    £218,190

    17

    National percentile

    Average Net Household Income - NE29

    £32,937

    18

    National percentile

    10-Year Annualised Price Growth - NE29

    5.1%

    90

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE29

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