57, Preston Avenue
57, Preston Avenue
Description & Estimates
57, Preston Avenue, North Shields is recorded publicly as a period freehold house across 2,002 ft2 of internal area, sitting on a 195 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 57, Preston Avenue, North Shields is £487,876 and its rental estimate is £2,459 per month, given the available information and assuming reasonable condition.
Preston Avenue, North Shields, NE30 falls within the NE30 postal district, in the borough of North Tyneside.
Our Data Sources
57, Preston Avenue, North Shields has 31 entries in the Land Registry , most recently in October 2018 and a single entry in the EPC database dated March 2018.
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.
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 57, Preston Avenue, North Shields, we estimate a market value of £512,269 and a rental value of £2,582 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £453,724 and £2,287 per month respectively.
Recent Market Change
Over the last year, 57, Preston Avenue, North Shields has seen its estimated sale value move down by £10,234 (2.1%) and its estimated rental value increase by £25 per month (1.0%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 57, Preston Avenue, North Shields as measuring 195 m2.
That makes it the 10th largest plot in the postcode, where 30 of the 31 other houses have recorded plot data.
Energy Efficiency
57, Preston Avenue, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Mar 2018.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 57, Preston Avenue, North Shields completed on 10th October 2018 at £365,000 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 61.2% over the period since October 2018.
- Sold Oct 2018£365,000
- Sold Sep 2004£249,999
- Sold Jun 1999£80,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 57, Preston Avenue, North Shields have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th November 2024, was 29, Park Crescent, North Shields, NE30 2HR, a freehold house which sold for £475,000.
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 49 addresses on Preston Avenue, North Shields, NE30, 57, Preston Avenue, North Shields comes out as the 8th largest and the 17th most expensive in our analysis of the public data.
It is also £158k more expensive than the average property across the NE30 district.
More reading links
Schools Nearby
- 200mKing Edward Primary School
- 500mChrist Church CofE Primary School
- 700mSpring Gardens Primary School
- 700mJohn Spence Community High School
- 1.3kmMarden High School
- 1.9kmSt Thomas More Catholic High School
More reading links
Public Transport Nearby
From 57, Preston Avenue, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 5.0 kilometres away.
- 5.0kmNorthumberland Park (Tyne & Wear)
- 8.7kmSeaton Delaval
- 10.0kmHeworth
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.
