7a Preston Terrace

    7A, PRESTON TERRACE, NORTH SHIELDS, NE29 9NE

    This flat/maisonette leasehold property on Preston Terrace last sold in August 2015 for £106,500. Based on price growth in the NE29 district since then, its estimated current value is £170,717 — placing it in the 17th percentile nationally and the 44th percentile within NE29. The property covers 61 m² (657 sq ft), giving an estimated value of £2,799 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £106,500

    Aug 2015

    Estimated Valuation

    £170,717

    Est. £/sq ft

    £260/sq ft

    £2,799/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area657 sq ft (61 m²)
    EPC dateJun 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Aug 2015

    £106,500

    21 Jun 2013

    £50,000

    Key Metrics

    Estimated valuation£170,717
    Value per sq ft / m²£260/sq ft (£2,799/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile44th percentile
    National percentile17th 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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