8 Preston Wood

    8, PRESTON WOOD, NORTH SHIELDS, NE30 3LT

    This detached freehold property on Preston Wood last sold in December 2022 for £447,000. Based on price growth in the NE30 district since then, its estimated current value is £427,847 — placing it in the 71st percentile nationally and the 78th percentile within NE30. The property covers 130 m² (1,399 sq ft), giving an estimated value of £3,291 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,399 sq ft

    130 m²

    Last Sale Price

    £447,000

    Dec 2022

    Estimated Valuation

    £427,847

    Est. £/sq ft

    £306/sq ft

    £3,291/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,399 sq ft (130 m²)
    EPC dateApr 2026
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Dec 2022

    £447,000

    Key Metrics

    Estimated valuation£427,847
    Value per sq ft / m²£306/sq ft (£3,291/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE30 district percentile78th percentile
    National percentile71st 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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