8, Preston Gate, NE29 9QB
8 Preston Gate is a 41 m² flat in North Shields. It sold for £65,000 in Jan 2022.
- Sale history
-
Date Paid price Annual growth After inflation Jan 2022 £65,000 * 5.4% 3.5% Nov 2012 £40,000 -10.0% -12.4% Dec 2005 £83,000 18.6% 16.7% Apr 2000 £31,500 na na *This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.
- Internal area
- 41 square metres (441 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £1,585 per square metre (£147 per square foot) in Jan 2022. Indexed forward to today's value, this is roughly £1,899 per square metre (£176 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Jan 2022 £65,000 £1,585 £77,879 £1,899 Nov 2012 £40,000 £976 £63,199 £1,541 Dec 2005 £83,000 £2,024 £117,326 £2,862 Apr 2000 £31,500 £768 £125,691 £3,066 Calculated using the latest EPC internal area of 41 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £77,879. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in North Shields are now selling for between £2,050 and £2,900 per square metre (£190 and £269 per square foot). Based on an internal area of 41 m², this implies a valuation between £84,000 and £119,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 1
- Type
- Flat
- Council tax band
- A
- Title number
- TY23924
- Tenure
- Leasehold/other
- Title address
- 8 Preston Gate, North Shields
- Owner
-
J. MCCHEYNE AND SONS LIMITED
(Company reference number: 01791144)
Proprietor address: J. McCheyne And Sons Ltd, Potter Street, Wallsend NE28 6TZ, 8 Preston Gate, North Shields NE29 9QB
Price paid on title: £65,000
Ownership record added to Land Registry's corporate ownership dataset 28 Jan 2022
- History:
- Archived rental listing for 8 Preston Gate. Advertised on multiple portals. It was added on 27/01/2022. It last appeared Feb 2022.
- Photos:
-
There are 1 archived estate agent listing photos for 8 Preston Gate.
- Advertiser remarks:
-
- 1 bedrooms
- 1 bathrooms
- Summary:
- 29 October 2021 - energy performance certificate grade D
- Reason for EPC:
- Rental
- Tenure:
- Private rental
- Property type:
- 1st floor flat in an apartment block with 1 storeys , has 2 habitable rooms. Estimated year built 1976 to 1982
- Area:
- 41 sqm (441 square foot) total internal area
- Comments:
- Walls: Cavity wall, as built, partial insulation (assumed). Roof: (another dwelling above). Heating: Electric storage heaters.
- Summary:
- 27 July 2011 - energy performance certificate grade E
- Reason for EPC:
- None
- Tenure:
- Owner-occupied
- Property type:
- None , has 2 habitable rooms. Estimated year built 1967 to 1975
- Area:
- 42 sqm (452 square foot) total internal area
- Comments: