Clementhorpe Preston Park

    CLEMENTHORPE, PRESTON PARK, NORTH SHIELDS, NE29 9JR

    This detached freehold property on Preston Park last sold in September 2021 for £3,250,000. Based on price growth in the NE29 district since then, its estimated current value is £3,422,553 — placing it in the 99th percentile nationally and the 100th percentile within NE29. The property covers 706 m² (7,599 sq ft), giving an estimated value of £4,848 per m². The EPC rating is E, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    7,599 sq ft

    706 m²

    Last Sale Price

    £3,250,000

    Sept 2021

    Estimated Valuation

    £3,422,553

    Est. £/sq ft

    £450/sq ft

    £4,848/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms15
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area7,599 sq ft (706 m²)
    EPC dateAug 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Sept 2021

    £3,250,000

    Key Metrics

    Estimated valuation£3,422,553
    Value per sq ft / m²£450/sq ft (£4,848/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile100th percentile
    National percentile99th 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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