1 Preston Gate

    1, PRESTON GATE, NORTH SHIELDS, NE29 9QB

    This terraced leasehold property on Preston Gate last sold in April 2013 for £62,000. Based on price growth in the NE29 district since then, its estimated current value is £98,862 — placing it in the 4th percentile nationally and the 13th percentile within NE29. The property covers 48 m² (517 sq ft), giving an estimated value of £2,060 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £62,000

    Apr 2013

    Estimated Valuation

    £98,862

    Est. £/sq ft

    £191/sq ft

    £2,060/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area517 sq ft (48 m²)
    EPC dateDec 2023
    WallsCavity wall, filled cavity
    HeatingRoom heaters, electric

    Transaction History

    12 Apr 2013

    £62,000

    9 May 1997

    £37,500

    Key Metrics

    Estimated valuation£98,862
    Value per sq ft / m²£191/sq ft (£2,060/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile13th percentile
    National percentile4th 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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