4 Preston Gate

    4, PRESTON GATE, NORTH SHIELDS, NE29 9QB

    This terraced leasehold property on Preston Gate last sold in July 2011 for £86,000. Based on price growth in the NE29 district since then, its estimated current value is £154,202 — placing it in the 13th percentile nationally and the 36th percentile within NE29. The property covers 48 m² (517 sq ft), giving an estimated value of £3,213 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £86,000

    Jul 2011

    Estimated Valuation

    £154,202

    Est. £/sq ft

    £298/sq ft

    £3,213/m²

    Property Details

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

    Transaction History

    22 Jul 2011

    £86,000

    16 Oct 1996

    £35,500

    Key Metrics

    Estimated valuation£154,202
    Value per sq ft / m²£298/sq ft (£3,213/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile36th 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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