22 Preston Gate

    22, PRESTON GATE, NORTH SHIELDS, NE29 9QB

    This terraced leasehold property on Preston Gate last sold in December 2022 for £128,000. Based on price growth in the NE29 district since then, its estimated current value is £139,332 — placing it in the 10th percentile nationally and the 29th percentile within NE29. The property covers 46 m² (495 sq ft), giving an estimated value of £3,029 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £128,000

    Dec 2022

    Estimated Valuation

    £139,332

    Est. £/sq ft

    £281/sq ft

    £3,029/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area495 sq ft (46 m²)
    EPC dateApr 2018
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    15 Dec 2022

    £128,000

    22 Jul 2020

    £122,000

    18 Jan 2019

    £70,000

    26 Oct 2007

    £102,000

    9 Aug 2006

    £106,500

    Key Metrics

    Estimated valuation£139,332
    Value per sq ft / m²£281/sq ft (£3,029/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile29th percentile
    National percentile10th 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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