2 Cleveland Avenue

    2, CLEVELAND AVENUE, NORTH SHIELDS, NE29 0NU

    This terraced freehold property on Cleveland Avenue last sold in October 2021 for £275,000. Based on price growth in the NE29 district since then, its estimated current value is £325,623 — placing it in the 55th percentile nationally and the 86th percentile within NE29. The property covers 69 m² (743 sq ft), giving an estimated value of £4,719 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £275,000

    Oct 2021

    Estimated Valuation

    £325,623

    Est. £/sq ft

    £438/sq ft

    £4,719/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area743 sq ft (69 m²)
    EPC dateJan 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Oct 2021

    £275,000

    29 Jan 2016

    £230,000

    7 Feb 2000

    £60,000

    Key Metrics

    Estimated valuation£325,623
    Value per sq ft / m²£438/sq ft (£4,719/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile86th percentile
    National percentile55th 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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