55, Preston Wood
55, Preston Wood
Description & Estimates
55, Preston Wood, North Shields is recorded publicly as a modern freehold house across 1,776 ft2 of internal area, sitting on a 498 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 55, Preston Wood, North Shields is £581,008 and its rental estimate is £2,609 per month, given the available information and assuming reasonable condition.
Preston Wood, North Shields, NE30 falls within the NE30 postal district, in the borough of North Tyneside.
Our Data Sources
55, Preston Wood, North Shields has 41 entries in the Land Registry , most recently in August 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 4 out of 5 and is considered of high 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 55, Preston Wood, North Shields, we estimate a market value of £610,058 and a rental value of £2,740 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £540,337 and £2,427 per month respectively.
Recent Market Change
Over the last year, 55, Preston Wood, North Shields has seen its estimated sale value fall by £12,188 (2.1%) and its estimated rental value move up by £27 per month (1.0%). This results in an estimated gross rental yield of 5.4%.
Plot Size
HM Land Registry records the plot of land for 55, Preston Wood, North Shields as measuring 498 m2.
That makes it the 23rd largest plot in the postcode, where 45 of the 46 other houses have recorded plot data.
Energy Efficiency
55, Preston Wood, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Apr 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 55, Preston Wood, North Shields completed on 11th August 2023 at £625,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 5.0% over the period since August 2023.
- Sold Aug 2023£625,000
- Sold Jan 2010£365,000
- Sold Jul 2009£345,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 55, Preston Wood, North Shields have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th May 2025, was 5, Preston Wood, North Shields, NE30 3LT, a freehold house which sold for £490,000.
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
Of the 46 addresses on Preston Wood, North Shields, NE30, 55, Preston Wood, North Shields comes out as the 13th largest and the 15th most expensive in our analysis of the public data.
It is also £251k more expensive than the average property across the NE30 district.
More reading links
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
From 55, Preston Wood, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 4.4 kilometres away.
- 4.4kmNorthumberland Park (Tyne & Wear)
- 7.9kmSeaton Delaval
- 9.9kmNewsham
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
