2 Preston Avenue

    2, PRESTON AVENUE, NORTH SHIELDS, NE30 2BS

    This detached freehold property on Preston Avenue last sold in December 2003 for £490,000. Based on price growth in the NE30 district since then, its estimated current value is £1,158,359 — placing it in the 97th percentile nationally and the 100th percentile within NE30. The property covers 179 m² (1,927 sq ft), giving an estimated value of £6,471 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,927 sq ft

    179 m²

    Last Sale Price

    £490,000

    Dec 2003

    Estimated Valuation

    £1,158,359

    Est. £/sq ft

    £601/sq ft

    £6,471/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,927 sq ft (179 m²)
    EPC dateJul 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Dec 2003

    £490,000

    30 Aug 1995

    £175,000

    Key Metrics

    Estimated valuation£1,158,359
    Value per sq ft / m²£601/sq ft (£6,471/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE30 district percentile100th percentile
    National percentile97th percentile

    District Context — NE30

    NE30 covers Whitley Bay and Tynemouth on the North Tyne coast, north of Newcastle. It is a mature residential area with strong seaside appeal and established community character.

    Average Property Price - NE30

    £319,554

    48

    National percentile

    Average Net Household Income - NE30

    £39,768

    57

    National percentile

    10-Year Annualised Price Growth - NE30

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE30

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