8 Abbots Way

    8, ABBOTS WAY, NORTH SHIELDS, NE29 8LX

    This detached leasehold property on Abbots Way last sold in February 2019 for £388,000. Based on price growth in the NE29 district since then, its estimated current value is £520,994 — placing it in the 81st percentile nationally and the 98th percentile within NE29. The property covers 148 m² (1,593 sq ft), giving an estimated value of £3,520 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,593 sq ft

    148 m²

    Last Sale Price

    £388,000

    Feb 2019

    Estimated Valuation

    £520,994

    Est. £/sq ft

    £327/sq ft

    £3,520/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,593 sq ft (148 m²)
    EPC dateSept 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Feb 2019

    £388,000

    8 Mar 2001

    £157,950

    Key Metrics

    Estimated valuation£520,994
    Value per sq ft / m²£327/sq ft (£3,520/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile98th percentile
    National percentile81st 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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