8 Preston Avenue

    8, PRESTON AVENUE, NORTH SHIELDS, NE30 2BS

    This detached freehold property on Preston Avenue last sold in April 2018 for £467,500. Based on price growth in the NE30 district since then, its estimated current value is £708,157 — placing it in the 90th percentile nationally and the 96th percentile within NE30. The property covers 138 m² (1,485 sq ft), giving an estimated value of £5,132 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,485 sq ft

    138 m²

    Last Sale Price

    £467,500

    Apr 2018

    Estimated Valuation

    £708,157

    Est. £/sq ft

    £477/sq ft

    £5,132/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,485 sq ft (138 m²)
    EPC dateNov 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Apr 2018

    £467,500

    Key Metrics

    Estimated valuation£708,157
    Value per sq ft / m²£477/sq ft (£5,132/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE30 district percentile96th percentile
    National percentile90th 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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