5 Preston Towers Apartments Preston Towers

    5 PRESTON TOWERS APARTMENTS, PRESTON TOWERS, NORTH SHIELDS, NE29 9JU

    This flat/maisonette leasehold property on Preston Towers last sold in October 2025 for £165,000. Based on price growth in the NE29 district since then, its estimated current value is £165,000 — placing it in the 16th percentile nationally and the 41st percentile within NE29. The property covers 56 m² (603 sq ft), giving an estimated value of £2,946 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £165,000

    Oct 2025

    Estimated Valuation

    £165,000

    Est. £/sq ft

    £274/sq ft

    £2,946/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateJun 2025
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Oct 2025

    £165,000

    9 Jun 1995

    £59,000

    Key Metrics

    Estimated valuation£165,000
    Value per sq ft / m²£274/sq ft (£2,946/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile41st percentile
    National percentile16th 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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