1 Silkeys Lane

    1, SILKEYS LANE, NORTH SHIELDS, NE29 0JT

    This flat/maisonette freehold property on Silkeys Lane last sold in December 2020 for £63,000. Based on price growth in the NE29 district since then, its estimated current value is £82,225 — placing it in the 2nd percentile nationally and the 8th percentile within NE29. The property covers 40 m² (431 sq ft), giving an estimated value of £2,056 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £63,000

    Dec 2020

    Estimated Valuation

    £82,225

    Est. £/sq ft

    £191/sq ft

    £2,056/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area431 sq ft (40 m²)
    EPC dateJul 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Dec 2020

    £63,000

    25 Aug 2017

    £38,000

    7 Mar 2008

    £60,000

    18 Jul 2006

    £100,000

    Key Metrics

    Estimated valuation£82,225
    Value per sq ft / m²£191/sq ft (£2,056/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile8th percentile
    National percentile2nd 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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