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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, King Edward Road, North Shields is £399,742 and the estimated rental value is £2,233 per month.
King Edward Road, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
2, King Edward Road, North Shields has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated January 2019.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, King Edward Road, North Shields is in very good condition we estimate a sale value of £419,729 and a rental value of £2,345 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £371,760 and a rental value of £2,077 per month.
Over the last 12 months the sale value of 2 King Edward Road North Shields has decreased by an estimated £8,385 (2.1%) and its rental value has increased by an estimated £23 per month (1.0%), giving an expected gross yield of 6.7%.
According to data from HM Land Registry, 2, King Edward Road, North Shields sits on a plot of 142m2.
2, King Edward Road, North Shields has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Jan 2019.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, King Edward Road, North Shields was last sold on 5th July 2019 for £295,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2019, the market for similar properties has risen 58.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, King Edward Road, North Shields within a radius of 540 metres over the last 2 years.
The most recent example is 29, Park Crescent, North Shields, NE30 2HR, a freehold house which sold for £475,000 on the 15th November 2024.
Read more about house prices in NE30.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
King Edward Road, North Shields, NE30 has a total of 36 addresses. According to our analysis of all the public data, 2, King Edward Road, North Shields is the 18th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £70k more expensive than the average property in NE30.
The closest station to 2, King Edward Road, North Shields is Northumberland Park (Tyne & Wear) station which is 5.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, King Edward Road, North Shields, 41.8% of property is privately owned with a mortgage and 31.2% is privately rented.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, King Edward Road, North Shields, 20.3% of residents are recorded as possessing school level qualifications and 56.2% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, King Edward Road, North Shields, the average age was 45.5 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, King Edward Road, North Shields, 1.9% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, King Edward Road, North Shields, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.