2, George Stephenson Way
2, George Stephenson Way
Description & Estimates
2, George Stephenson Way, North Shields is described in the public record as a modern house with 753 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, George Stephenson Way, North Shields is £178,010 and its rental estimate is £1,041 per month, given the available information and assuming reasonable condition.
George Stephenson Way, North Shields, NE29 falls within the NE29 postal district, in the borough of North Tyneside.
Our Data Sources
2, George Stephenson Way, North Shields has no records in the the Land Registry and a single entry in the EPC database dated August 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 2, George Stephenson Way, North Shields, we estimate a market value of £186,910 and a rental value of £1,093 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £165,549 and £968 per month respectively.
Recent Market Change
Over the last year, 2, George Stephenson Way, North Shields has seen its estimated sale value grow by £3,820 (2.1%) and its estimated rental value climb by £41 per month (4.0%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
2, George Stephenson Way, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, George Stephenson Way, North Shields have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st May 2024, was 107, Northumbrian Way, North Shields, NE29 6XG, a freehold house which sold for £155,000.
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 71 addresses on George Stephenson Way, North Shields, NE29, 2, George Stephenson Way, North Shields comes out as the 30th largest and the 33rd most expensive in our analysis of the public data.
It is also £8k less expensive than the average property across the NE29 district.
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Schools Nearby
- 500mWaterville Primary School
- 600mRiverside Primary School
- 900mSt Cuthbert's Catholic Primary School, North Shields
- 1.4kmNorham High School
- 2.5kmJohn Spence Community High School
- 2.5kmSt Thomas More Catholic High School
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Public Transport Nearby
From 2, George Stephenson Way, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 5.6 kilometres away.
- 5.6kmNorthumberland Park (Tyne & Wear)
- 8.4kmHeworth
- 10.0kmSeaton Delaval
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.
