8 Medway Gardens

    8, MEDWAY GARDENS, NORTH SHIELDS, NE30 2ST

    This detached freehold property on Medway Gardens last sold in May 2013 for £317,500. Based on price growth in the NE30 district since then, its estimated current value is £598,918 — placing it in the 86th percentile nationally and the 92nd percentile within NE30. The property covers 151 m² (1,625 sq ft), giving an estimated value of £3,966 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,625 sq ft

    151 m²

    Last Sale Price

    £317,500

    May 2013

    Estimated Valuation

    £598,918

    Est. £/sq ft

    £368/sq ft

    £3,966/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,625 sq ft (151 m²)
    EPC dateAug 2012
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 May 2013

    £317,500

    24 Sept 2004

    £275,000

    Key Metrics

    Estimated valuation£598,918
    Value per sq ft / m²£368/sq ft (£3,966/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE30 district percentile92nd percentile
    National percentile86th 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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