2 Preston Gate

    2, PRESTON GATE, NORTH SHIELDS, NE29 9QB

    This terraced leasehold property on Preston Gate last sold in July 2011 for £85,000. Based on price growth in the NE29 district since then, its estimated current value is £152,409 — placing it in the 13th percentile nationally and the 35th percentile within NE29. The property covers 45 m² (484 sq ft), giving an estimated value of £3,387 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £85,000

    Jul 2011

    Estimated Valuation

    £152,409

    Est. £/sq ft

    £315/sq ft

    £3,387/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area484 sq ft (45 m²)
    EPC dateDec 2021
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    29 Jul 2011

    £85,000

    Key Metrics

    Estimated valuation£152,409
    Value per sq ft / m²£315/sq ft (£3,387/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile35th percentile
    National percentile13th 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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