41, Locomotion Way
41, Locomotion Way
Description & Estimates
According to the public record, 41, Locomotion Way, North Shields is a modern house with 1,119 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 41, Locomotion Way, North Shields is £198,228 and the estimated rental value is £1,124 per month.
Locomotion Way, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
Our Data Sources
41, Locomotion Way, North Shields has no records in the the Land Registry and a single entry in the EPC database dated August 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.
Price Range & Condition
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 41, Locomotion Way, North Shields is in very good condition we estimate a sale value of £208,140 and a rental value of £1,180 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £184,352 and a rental value of £1,045 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 41, Locomotion Way, North Shields has risen by £1,459 (0.7%), while its estimated rental value has moved up by £26 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 6.8%.
Energy Efficiency
41, Locomotion Way, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Locomotion Way, North Shields within a radius of 570 metres over the last 2 years.
The most recent example is 58, Locomotion Way, North Shields, NE29 6XF, a freehold house which sold for £218,000 on the 1st March 2024.
Read more about house prices in NE29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Locomotion Way, North Shields, NE29 has a total of 89 addresses. According to our analysis of all the public data, 41, Locomotion Way, North Shields is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in NE29.
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Schools Nearby
- 300mWaterville Primary School
- 500mRiverside Primary School
- 700mSt Cuthbert's Catholic Primary School, North Shields
- 1.4kmNorham High School
- 2.3kmJohn Spence Community High School
- 2.4kmSt Thomas More Catholic High School
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Public Transport Nearby
The closest station to 41, Locomotion Way, North Shields is Northumberland Park (Tyne & Wear) station, which is 5.5 kilometres away.
- 5.5kmNorthumberland Park (Tyne & Wear)
- 8.6kmHeworth
- 9.8kmSeaton Delaval
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
