32, Preston Wood
32, Preston Wood
Description & Estimates
Public records show 32, Preston Wood, North Shields to be a modern freehold house with 1,535 ft2 of internal area, sitting on a 503 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
32, Preston Wood, North Shields has an estimated sale value of £531,403 and an estimated rental value of £2,324 per month, assuming reasonable condition and based on the information available.
Preston Wood, North Shields, NE30 lies in the borough of North Tyneside, within the NE30 postal district.
Our Data Sources
32, Preston Wood, North Shields has 31 entries in the Land Registry , most recently in March 2012 and a single entry in the EPC database dated May 2011.
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.
Price Range & Condition
In very good condition, we estimate 32, Preston Wood, North Shields would be worth £557,973, with a potential rental value of £2,440 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £494,204, with a rental value of £2,161 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 32, Preston Wood, North Shields has grown by £375 (0.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £60 (2.6%). The property's estimated gross yield is currently 5.2%.
Plot Size
32, Preston Wood, North Shields occupies a 503 m2 plot as recorded by HM Land Registry.
Of the 46 other houses in this postcode, 45 have recorded plot sizes, and this one ranks as the 22nd largest.
Energy Efficiency
32, Preston Wood, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 May 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
32, Preston Wood, North Shields last changed hands on 16th March 2012, selling for £380,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 89.1% since March 2012.
- Sold Mar 2012£380,000
- Sold Apr 2005£399,950
- Sold Jul 2000£185,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of 32, Preston Wood, North Shields across the last 2 years.
Most recently, 12, Preston Wood, North Shields, NE30 3LT, a freehold house, sold at £525,000 on the 13th January 2023.
Read more about house prices in NE30.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 32, Preston Wood, North Shields as the 23rd largest and the 23rd most expensive of the 46 addresses on Preston Wood, North Shields, NE30.
Against the NE30 postcode district average, it is £202k more expensive than the typical property.
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Schools Nearby
- 600mMonkhouse Primary School
- 700mPreston Grange Primary School
- 900mSt Mary's Catholic Primary School, Cullercoats
- 200mJohn Spence Community High School
- 800mMarden High School
- 1.1kmMonkseaton High School
More reading links
Public Transport Nearby
Northumberland Park (Tyne & Wear) station is the nearest stop to 32, Preston Wood, North Shields at 4.4 kilometres away.
- 4.4kmNorthumberland Park (Tyne & Wear)
- 7.9kmSeaton Delaval
- 9.9kmNewsham
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
