7 Preston Gate

    7, PRESTON GATE, NORTH SHIELDS, NE29 9QB

    This flat/maisonette leasehold property on Preston Gate last sold in July 2013 for £50,000. Based on price growth in the NE29 district since then, its estimated current value is £82,072 — placing it in the 2nd percentile nationally and the 8th percentile within NE29. The property covers 42 m² (452 sq ft), giving an estimated value of £1,954 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    452 sq ft

    42 m²

    Last Sale Price

    £50,000

    Jul 2013

    Estimated Valuation

    £82,072

    Est. £/sq ft

    £182/sq ft

    £1,954/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area452 sq ft (42 m²)
    EPC dateMar 2013
    WallsCavity wall, filled cavity
    HeatingRoom heaters, electric

    Transaction History

    9 Jul 2013

    £50,000

    Key Metrics

    Estimated valuation£82,072
    Value per sq ft / m²£182/sq ft (£1,954/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile8th percentile
    National percentile2nd 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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