18, Otterburn Road
18, Otterburn Road
Description & Estimates
18, Otterburn Road, North Shields is recorded publicly as an early-century freehold house across 1,883 ft2 of internal area, sitting on a 643 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 18, Otterburn Road, North Shields is £504,761 and its rental estimate is £1,996 per month, given the available information and assuming reasonable condition.
Otterburn Road, North Shields, NE29 falls within the NE29 postal district, in the borough of North Tyneside.
Our Data Sources
18, Otterburn Road, North Shields has a single entry in the Land Registry from October 2013 and a single entry in the EPC database dated June 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 18, Otterburn Road, North Shields, we estimate a market value of £529,999 and a rental value of £2,096 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £469,428 and £1,856 per month respectively.
Recent Market Change
Over the last year, 18, Otterburn Road, North Shields has seen its estimated sale value decrease by £4,424 (0.9%) and its estimated rental value grow by £21 per month (1.0%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 18, Otterburn Road, North Shields as measuring 643 m2.
That makes it the 2nd largest plot in the postcode, where all 16 other houses have recorded plot data.
Energy Efficiency
18, Otterburn Road, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jun 2013.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 18, Otterburn Road, North Shields completed on 25th October 2013 at £329,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 0.9% over the period since October 2013.
- Sold Oct 2013£329,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 18, Otterburn Road, North Shields have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th July 2024, was 24, Ancroft Avenue, North Shields, NE29 9BN, a freehold house which sold for £365,000.
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 48 addresses on Otterburn Road, North Shields, NE29, 18, Otterburn Road, North Shields comes out as the largest and the most expensive in our analysis of the public data.
It is also £319k more expensive than the average property across the NE29 district.
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Schools Nearby
- 500mSpring Gardens Primary School
- 700mKing Edward Primary School
- 700mChrist Church CofE Primary School
- 800mJohn Spence Community High School
- 1.4kmSt Thomas More Catholic High School
- 1.5kmMarden High School
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Public Transport Nearby
From 18, Otterburn Road, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 4.6 kilometres away.
- 4.6kmNorthumberland Park (Tyne & Wear)
- 8.5kmSeaton Delaval
- 9.6kmHeworth
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.
