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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
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According to the public record, 223, Abbots Way, North Shields is a modern leasehold house with 785 ft2 of internal area and sits on a 207 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 223, Abbots Way, North Shields is £284,895 and the estimated rental value is £1,330 per month.
Abbots Way, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
223, Abbots Way, North Shields has 41 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 223, Abbots Way, North Shields is in very good condition we estimate a sale value of £299,140 and a rental value of £1,396 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,952 and a rental value of £1,237 per month.
Over the last 12 months the sale value of 223 Abbots Way North Shields has increased by an estimated £5,067 (1.8%) and its rental value has increased by an estimated £58 per month (4.3%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 223, Abbots Way, North Shields sits on a plot of 207m2.
We have plot size data on 61 out of 70 other houses in the postcode and 223, Abbots Way, North Shields sits on the 56th largest plot.
223, Abbots Way, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 223, Abbots Way, North Shields was last sold on 13th May 2024 for £235,000 and was recorded as a leasehold house.
The property has had 4 sales since 1995.
Since May 2024, the market for similar properties has dropped 40.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 223, Abbots Way, North Shields within a radius of 640 metres over the last 2 years.
The most recent example is 244, Abbots Way, North Shields, NE29 8LR, a freehold house which sold for £244,000 on the 2nd August 2024.
Read more about house prices in NE29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Abbots Way, North Shields, NE29 has a total of 260 addresses. According to our analysis of all the public data, 223, Abbots Way, North Shields is the 241st largest and the 230th most expensive property on the street.
When compared to the postcode district it is £100k more expensive than the average property in NE29.
The closest station to 223, Abbots Way, North Shields is Northumberland Park (Tyne & Wear) station which is 3.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 223, Abbots Way, North Shields, 52.3% of property is privately owned with a mortgage and 42.4% 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 223, Abbots Way, North Shields, 16.8% of residents are recorded as possessing school level qualifications and 44.1% 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 223, Abbots Way, 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 223, Abbots Way, North Shields, 0.0% 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 223, Abbots Way, North Shields, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
