7, Preston Mews
7, Preston Mews
Description & Estimates
Public records show 7, Preston Mews, North Shields to be a modern freehold house with 1,517 ft2 of internal area, sitting on a 129 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
7, Preston Mews, North Shields has an estimated sale value of £549,945 and an estimated rental value of £2,117 per month, assuming reasonable condition and based on the information available.
Preston Mews, North Shields, NE29 lies in the borough of North Tyneside, within the NE29 postal district.
Our Data Sources
7, Preston Mews, North Shields has a single entry in the Land Registry from June 2014 and a single entry in the EPC database dated September 2024.
We combine this information with that 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
In very good condition, we estimate 7, Preston Mews, North Shields would be worth £577,442, with a potential rental value of £2,223 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £511,449, with a rental value of £1,969 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 7, Preston Mews, North Shields has increased by £4,049 (0.7%) over the last year. During the same period, its estimated monthly rental value has grown by £49 (2.3%). The property's estimated gross yield is currently 4.6%.
Plot Size
7, Preston Mews, North Shields occupies a 129 m2 plot as recorded by HM Land Registry.
All 11 other houses in this postcode have recorded plot sizes, and this one ranks as the 11th largest.
Energy Efficiency
7, Preston Mews, North Shields has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Sep 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
7, Preston Mews, North Shields last changed hands on 27th June 2014, selling for £339,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 20.9% since June 2014.
- Sold Jun 2014£339,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 380 metres of 7, Preston Mews, North Shields across the last 2 years.
Most recently, 2, Preston Mews, North Shields, NE29 0NF, a freehold house, sold at £525,000 on the 25th June 2021.
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 7, Preston Mews, North Shields as the 5th largest and the 5th most expensive of the 11 addresses on Preston Mews, North Shields, NE29.
Against the NE29 postcode district average, it is £364k more expensive than the typical property.
More reading links
Schools Nearby
- 300mChrist Church CofE Primary School
- 300mSpring Gardens Primary School
- 500mKing Edward Primary School
- 1.0kmJohn Spence Community High School
- 1.6kmMarden High School
- 1.7kmNorham High School
More reading links
Public Transport Nearby
Northumberland Park (Tyne & Wear) station is the nearest stop to 7, Preston Mews, North Shields at 5.0 kilometres away.
- 5.0kmNorthumberland Park (Tyne & Wear)
- 8.9kmSeaton Delaval
- 9.6kmHeworth
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
