178, Monks Wood
178, Monks Wood
Description & Estimates
178, Monks Wood, North Shields is recorded publicly as a modern leasehold house across 1,105 ft2 of internal area, sitting on a 191 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 178, Monks Wood, North Shields is £323,466 and its rental estimate is £1,646 per month, given the available information and assuming reasonable condition.
Monks Wood, North Shields, NE30 falls within the NE30 postal district, in the borough of North Tyneside.
Our Data Sources
178, Monks Wood, North Shields has 21 entries in the Land Registry , most recently in January 2012 and a single entry in the EPC database dated August 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 178, Monks Wood, North Shields, we estimate a market value of £339,640 and a rental value of £1,728 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £300,824 and £1,531 per month respectively.
Recent Market Change
Over the last year, 178, Monks Wood, North Shields has seen its estimated sale value move down by £731 (0.2%) and its estimated rental value increase by £53 per month (3.2%). This results in an estimated gross rental yield of 6.1%.
Plot Size
HM Land Registry records the plot of land for 178, Monks Wood, North Shields as measuring 191 m2.
That makes it the 31st largest plot in the postcode, where 36 of the 38 other houses have recorded plot data.
Energy Efficiency
178, Monks Wood, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Aug 2011.
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 178, Monks Wood, North Shields completed on 6th January 2012 at £173,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 67.8% over the period since January 2012.
- Sold Jan 2012£173,000
- Sold Aug 1998£69,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 178, Monks Wood, North Shields have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th September 2023, was 128, Monks Wood, North Shields, NE30 2UB, a leasehold house which sold for £288,250.
Read more about house prices in NE30.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 193 addresses on Monks Wood, North Shields, NE30, 178, Monks Wood, North Shields comes out as the 98th largest and the 128th most expensive in our analysis of the public data.
It is also £6k less expensive than the average property across the NE30 district.
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Schools Nearby
- 200mWhitehouse Primary School
- 900mPreston Grange Primary School
- 1.1kmSpring Gardens Primary School
- 800mSt Thomas More Catholic High School
- 900mJohn Spence Community High School
- 1.4kmMonkseaton High School
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Public Transport Nearby
From 178, Monks Wood, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 3.9 kilometres away.
- 3.9kmNorthumberland Park (Tyne & Wear)
- 7.9kmSeaton Delaval
- 9.5kmHeworth
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
