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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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40, Newington Drive, North Shields is recorded publicly as a modern freehold house across 753 ft2 of internal area, sitting on a 87.2 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 40, Newington Drive, North Shields is £226,916 and its rental estimate is £1,279 per month, given the available information and assuming reasonable condition.
Newington Drive, North Shields, NE29 falls within the NE29 postal district, in the borough of North Tyneside.
40, Newington Drive, North Shields has 31 entries in the Land Registry , most recently in January 2012 and a single entry in the EPC database dated July 2021.
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.
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 40, Newington Drive, North Shields, we estimate a market value of £238,262 and a rental value of £1,343 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £211,032 and £1,189 per month respectively.
Over the last year, 40, Newington Drive, North Shields has seen its estimated sale value move up by £4,870 (2.1%) and its estimated rental value increase by £51 per month (4.0%). This results in an estimated gross rental yield of 6.8%.
HM Land Registry records the plot of land for 40, Newington Drive, North Shields as measuring 87 m2.
That makes it the 32nd largest plot in the postcode, where 32 of the 33 other houses have recorded plot data.
40, Newington Drive, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 40, Newington Drive, North Shields completed on 13th January 2012 at £137,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 24.8% over the period since January 2012.
Over the past 2 years 3 properties similar to 40, Newington Drive, North Shields have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th June 2024, was 5, Newington Drive, North Shields, NE29 9JA, a freehold house which sold for £250,000.
Read more about house prices in NE29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 60 addresses on Newington Drive, North Shields, NE29, 40, Newington Drive, North Shields comes out as the 36th largest and the 21st most expensive in our analysis of the public data.
It is also £41k more expensive than the average property across the NE29 district.
From 40, Newington Drive, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 4.0 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Newington Drive, North Shields, 37.4% of property is privately owned outright and 31.9% 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 40, Newington Drive, North Shields, 14.7% of residents are recorded as possessing school level qualifications and 36.5% 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, Newington Drive, 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 40, Newington Drive, North Shields, 1.2% 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, Newington Drive, 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.
