18 Preston Gate

    18, PRESTON GATE, NORTH SHIELDS, NE29 9QB

    This flat/maisonette leasehold property on Preston Gate last sold in March 2020 for £39,995. Based on price growth in the NE29 district since then, its estimated current value is £52,200 — placing it in the 0th percentile nationally and the 2nd percentile within NE29. The property covers 31 m² (334 sq ft), giving an estimated value of £1,684 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    334 sq ft

    31 m²

    Last Sale Price

    £39,995

    Mar 2020

    Estimated Valuation

    £52,200

    Est. £/sq ft

    £156/sq ft

    £1,684/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area334 sq ft (31 m²)
    EPC dateDec 2016
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    10 Mar 2020

    £39,995

    22 Feb 2017

    £51,000

    Key Metrics

    Estimated valuation£52,200
    Value per sq ft / m²£156/sq ft (£1,684/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile2nd percentile
    National percentile0th 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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