3 Preston Gate

    3, PRESTON GATE, NORTH SHIELDS, NE29 9QB

    This flat/maisonette leasehold property on Preston Gate last sold in March 2019 for £98,000. Based on price growth in the NE29 district since then, its estimated current value is £110,163 — placing it in the 5th percentile nationally and the 17th percentile within NE29. The property covers 46 m² (495 sq ft), giving an estimated value of £2,395 per m². The EPC rating is F, with a potential rating of A.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £98,000

    Mar 2019

    Estimated Valuation

    £110,163

    Est. £/sq ft

    £223/sq ft

    £2,395/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialA
    Floor area495 sq ft (46 m²)
    EPC dateJun 2014
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    5 Mar 2019

    £98,000

    15 Aug 2014

    £68,500

    Key Metrics

    Estimated valuation£110,163
    Value per sq ft / m²£223/sq ft (£2,395/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile17th percentile
    National percentile5th 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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