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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
25, Padstow Road, North Shields is described in the public record as a mid-century house with 904 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 25, Padstow Road, North Shields is £92,162 and its rental estimate is £550 per month, given the available information and assuming reasonable condition.
Padstow Road, North Shields, NE29 falls within the NE29 postal district, in the borough of North Tyneside.
25, Padstow Road, North Shields has no records in the the Land Registry and a single entry in the EPC database dated January 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.
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 25, Padstow Road, North Shields, we estimate a market value of £96,770 and a rental value of £578 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £85,710 and £512 per month respectively.
Over the last year, 25, Padstow Road, North Shields has seen its estimated sale value rise by £1,978 (2.1%) and its estimated rental value move up by £22 per month (4.0%). This results in an estimated gross rental yield of 7.2%.
25, Padstow Road, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 25, Padstow 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 31st January 2022, was 5, Padstow Road, North Shields, NE29 7RN, a freehold house which sold for £79,000.
Read more about house prices in NE29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 34 addresses on Padstow Road, North Shields, NE29, 25, Padstow Road, North Shields comes out as the 19th largest and the 19th most expensive in our analysis of the public data.
It is also £94k less expensive than the average property across the NE29 district.
From 25, Padstow Road, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 4.7 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 25, Padstow Road, North Shields, 87.9% of property is socially rented and 4.9% 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 25, Padstow Road, North Shields, 32.0% of residents are recorded as possessing school level qualifications and 14.4% 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 25, Padstow Road, North Shields, the average age was 36.9 and the most common age was 12.
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 25, Padstow Road, 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 25, Padstow Road, North Shields, there are an average of 0.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
