Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 40, Elswick Street, North Shields is a modern freehold house with 1,087 ft2 of internal area.
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 40, Elswick Street, North Shields is £271,306 and the estimated rental value is £1,334 per month.
Elswick Street, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
40, Elswick Street, North Shields has a single entry in the Land Registry from April 2023 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property 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 40, Elswick Street, North Shields is in very good condition we estimate a sale value of £284,871 and a rental value of £1,401 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,315 and a rental value of £1,241 per month.
Over the last 12 months the sale value of 40 Elswick Street North Shields has increased by an estimated £5,823 (2.1%) and its rental value has increased by an estimated £53 per month (4.0%), giving an expected gross yield of 5.9%.
40, Elswick Street, North Shields has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Apr 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Elswick Street, North Shields was last sold on 28th April 2023 for £248,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2023, the market for similar properties has risen 17.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Elswick Street, North Shields within a radius of 770 metres over the last 2 years.
The most recent example is 53, Dobson Street, North Shields, NE29 7FL, a freehold house which sold for £259,950 on the 15th December 2023.
Read more about house prices in NE29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elswick Street, North Shields, NE29 has a total of 39 addresses. According to our analysis of all the public data, 40, Elswick Street, North Shields is the 17th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £86k more expensive than the average property in NE29.
The closest station to 40, Elswick Street, North Shields is Northumberland Park (Tyne & Wear) station which is 3.7 kilometres away.
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 40, Elswick Street, North Shields, 33.6% of property is privately owned with a mortgage and 33.6% is socially 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 40, Elswick Street, North Shields, 24.3% of residents are recorded as possessing school level qualifications and 18.9% 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 40, Elswick Street, 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 40, Elswick Street, 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 40, Elswick Street, North Shields, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
