3, Preston Mews
3, Preston Mews
Description & Estimates
3, Preston Mews, North Shields is recorded publicly as a modern freehold house across 1,614 ft2 of internal area, sitting on a 189 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Preston Mews, North Shields is £568,681 and its rental estimate is £2,189 per month, given the available information and assuming reasonable condition.
Preston Mews, North Shields, NE29 falls within the NE29 postal district, in the borough of North Tyneside.
Our Data Sources
3, Preston Mews, North Shields has a single entry in the Land Registry from June 2014 and a single entry in the EPC database dated June 2014.
We combine this information with that 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 3, Preston Mews, North Shields, we estimate a market value of £597,115 and a rental value of £2,299 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £528,873 and £2,036 per month respectively.
Recent Market Change
Over the last year, 3, Preston Mews, North Shields has seen its estimated sale value grow by £4,187 (0.7%) and its estimated rental value climb by £50 per month (2.3%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for 3, Preston Mews, North Shields as measuring 189 m2.
That makes it the 3rd largest plot in the postcode, where all 11 other houses have recorded plot data.
Energy Efficiency
3, Preston Mews, North Shields has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jun 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Preston Mews, North Shields completed on 27th June 2014 at £359,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 20.9% over the period since June 2014.
- Sold Jun 2014£359,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Preston Mews, North Shields have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th June 2021, was 2, Preston Mews, North Shields, NE29 0NF, a freehold house which sold for £525,000.
Read more about house prices in NE29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 11 addresses on Preston Mews, North Shields, NE29, 3, Preston Mews, North Shields comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £383k more expensive than the average property across the NE29 district.
More reading links
Schools Nearby
- 300mChrist Church CofE Primary School
- 300mSpring Gardens Primary School
- 500mKing Edward Primary School
- 1.0kmJohn Spence Community High School
- 1.6kmMarden High School
- 1.7kmNorham High School
More reading links
Public Transport Nearby
From 3, Preston Mews, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 5.0 kilometres away.
- 5.0kmNorthumberland Park (Tyne & Wear)
- 8.9kmSeaton Delaval
- 9.6kmHeworth
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
