8, Penrith Avenue
8, Penrith Avenue
Description & Estimates
According to the public record, 8, Penrith Avenue, North Shields is a mid-century house with 972 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Penrith Avenue, North Shields is £248,603 and the estimated rental value is £1,456 per month.
Penrith Avenue, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
Our Data Sources
8, Penrith Avenue, North Shields has no records in the the Land Registry and a single entry in the EPC database dated April 2009.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 8, Penrith Avenue, North Shields is in very good condition we estimate a sale value of £261,033 and a rental value of £1,529 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,200 and a rental value of £1,355 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Penrith Avenue, North Shields has moved down by £562 (0.2%), while its estimated rental value has increased by £47 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Energy Efficiency
8, Penrith Avenue, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Apr 2009.
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 8, Penrith Avenue, North Shields within a radius of 550 metres over the last 2 years.
The most recent example is 10, Penrith Avenue, North Shields, NE30 3UH, a freehold house which sold for £248,500 on the 3rd February 2023.
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
Penrith Avenue, North Shields, NE30 has a total of 32 addresses. According to our analysis of all the public data, 8, Penrith Avenue, North Shields is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in NE30.
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Schools Nearby
- 200mSt Mary's Catholic Primary School, Cullercoats
- 600mMonkhouse Primary School
- 800mPreston Grange Primary School
- 700mMarden High School
- 800mJohn Spence Community High School
- 900mMonkseaton High School
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Public Transport Nearby
The closest station to 8, Penrith Avenue, North Shields is Northumberland Park (Tyne & Wear) station, which is 4.4 kilometres away.
- 4.4kmNorthumberland Park (Tyne & Wear)
- 7.5kmSeaton Delaval
- 9.4kmNewsham
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
