58, Newington Drive
58, Newington Drive
Description & Estimates
The public record lists 58, Newington Drive, North Shields as a freehold house sitting on a 194 m2 plot.
Comparison with its neighbours suggests a modern house with 1,065 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
58, Newington Drive, North Shields has an estimated sale value of £268,289 and an estimated rental value of £1,388 per month, assuming reasonable condition and based on the information available.
Newington Drive, North Shields, NE29 lies in the borough of North Tyneside, within the NE29 postal district.
Our Data Sources
58, Newington Drive, North Shields has 31 entries in the Land Registry , most recently in January 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 58, Newington Drive, North Shields would be worth £281,703, with a potential rental value of £1,458 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £249,508, with a rental value of £1,291 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 58, Newington Drive, North Shields has increased by £5,758 (2.1%) over the last year. During the same period, its estimated monthly rental value has grown by £55 (4.0%). The property's estimated gross yield is currently 6.2%.
Plot Size
58, Newington Drive, North Shields occupies a 194 m2 plot as recorded by HM Land Registry.
Of the 33 other houses in this postcode, 32 have recorded plot sizes, and this one ranks as the 4th largest.
Sold Prices
58, Newington Drive, North Shields last changed hands on 31st January 2008, selling for £199,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 19.9% since January 2008.
- Sold Jan 2008£199,000
- Sold Jan 2005£190,000
- Sold Dec 2003£162,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 620 metres of 58, Newington Drive, North Shields across the last 2 years.
Most recently, 38, Newington Drive, North Shields, NE29 9JA, a freehold house, sold at £259,950 on the 7th July 2023.
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
Our analysis of the public data ranks 58, Newington Drive, North Shields as the 10th largest and the 9th most expensive of the 60 addresses on Newington Drive, North Shields, NE29.
Against the NE29 postcode district average, it is £83k more expensive than the typical property.
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Schools Nearby
- 300mPreston Grange Primary School
- 900mSt Mary's Catholic Primary School, Cullercoats
- 900mMonkhouse Primary School
- 600mJohn Spence Community High School
- 700mMonkseaton High School
- 1.1kmMarden High School
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Public Transport Nearby
Northumberland Park (Tyne & Wear) station is the nearest stop to 58, Newington Drive, North Shields at 4.0 kilometres away.
- 4.0kmNorthumberland Park (Tyne & Wear)
- 7.5kmSeaton Delaval
- 9.6kmNewsham
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
