14, Newington Drive
14, Newington Drive
Description & Estimates
14, Newington Drive, North Shields is recorded publicly as a modern leasehold apartment across 581 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 14, Newington Drive, North Shields is £122,041 and its rental estimate is £837 per month, given the available information and assuming reasonable condition.
Newington Drive, North Shields, NE29 falls within the NE29 postal district, in the borough of North Tyneside.
Our Data Sources
14, Newington Drive, North Shields has 31 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 14, Newington Drive, North Shields, we estimate a market value of £128,143 and a rental value of £878 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £113,498 and £778 per month respectively.
Recent Market Change
Over the last year, 14, Newington Drive, North Shields has seen its estimated sale value rise by £29 (0.0%) and its estimated rental value move up by £13 per month (1.5%). This results in an estimated gross rental yield of 8.2%.
Energy Efficiency
14, Newington Drive, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 14, Newington Drive, North Shields completed on 10th November 2020 at £82,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 6.8% over the period since November 2020.
- Sold Nov 2020£82,000
- Sold Dec 2006£115,000
- Sold Jun 2003£99,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 14, Newington Drive, North Shields have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th June 2024, was 51, Newington Drive, North Shields, NE29 9JA, a leasehold flat which sold for £128,000.
Read more about house prices in NE29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 60 addresses on Newington Drive, North Shields, NE29, 14, Newington Drive, North Shields comes out as the 59th largest and the 59th most expensive in our analysis of the public data.
It is also £64k less expensive than the average property across the NE29 district.
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Schools Nearby
- 300mPreston Grange Primary School
- 900mSt Mary's Catholic Primary School, Cullercoats
- 900mMonkhouse Primary School
- 600mJohn Spence Community High School
- 700mMonkseaton High School
- 1.1kmMarden High School
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Public Transport Nearby
From 14, Newington Drive, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 4.0 kilometres away.
- 4.0kmNorthumberland Park (Tyne & Wear)
- 7.5kmSeaton Delaval
- 9.6kmNewsham
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
