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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Preston Gate, North Shields is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 791 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Preston Gate, North Shields is £167,330 and the estimated rental value is £1,041 per month.
Preston Gate, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
2, Preston Gate, North Shields has a single entry in the Land Registry from July 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Preston Gate, North Shields is in very good condition we estimate a sale value of £175,696 and a rental value of £1,093 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,617 and a rental value of £968 per month.
Over the last 12 months the sale value of 2 Preston Gate North Shields has increased by an estimated £2,976 (1.8%) and its rental value has increased by an estimated £45 per month (4.3%), giving an expected gross yield of 7.5%.
According to HM Land Registry, 2, Preston Gate, North Shields was last sold on 29th July 2011 for £85,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2011, the market for similar properties has risen 89.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Preston Gate, North Shields within a radius of 590 metres over the last 2 years.
The most recent example is 41, Buttermere Road, North Shields, NE30 3AS, a leasehold house which sold for £140,000 on the 31st July 2025.
Read more about house prices in NE29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Gate, North Shields, NE29 has a total of 27 addresses. According to our analysis of all the public data, 2, Preston Gate, North Shields is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £18k less expensive than the average property in NE29.
The closest station to 2, Preston Gate, North Shields is Northumberland Park (Tyne & Wear) station which is 4.1 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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, Preston Gate, North Shields, 43.3% of property is privately owned with a mortgage and 36.2% is privately owned outright.
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, Preston Gate, North Shields, 19.0% of residents are recorded as possessing school level qualifications and 30.9% 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, Preston Gate, North Shields, the average age was 45.1 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, Preston Gate, North Shields, 0.7% 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, Preston Gate, North Shields, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.
