224 Abbots Way, North Shields, NE29 8LR is a freehold detached property built between 1976-1982. The property offers approximately 2,971 square feet of living space. In this location, properties of similar size usually have six bedrooms.

The estimated current market value of the property is £501,387 , which equates to approximately £169 per square foot. It was last sold on 30 Jul 2010 for £310,000. Since then, the value has increased by £191,387, representing a 61.7% increase, or approximately 4.0% per year.

The current estimated value of £501,387 is:

  • 31.1% higher than the average property price on Abbots Way
  • 23.7% higher than the average in the NE29 8LR postcode area
  • and 107.6% higher than the average price for North Shields as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 20 September 2016, the property was recorded as owner-occupied.

View sold house prices in NE29 8LR

Building approximate location

About Property

Type
Detached House
Built
1976-1982
Interior Size
2971 sq ft
Tenure
Freehold
Price (estimate)
£501,387
Price Per sq ft (estimate)
£169
Bedroom Count (estimate)
6 bedrooms

EPC Summary

224 Abbots Way, North Shields, North Tyneside, Tyne And Wear, NE29 8LR has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 20 Sep 2016.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Apr 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 11.3%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 200mm loft insulation to pitched, limited insulation (assumed), changing energy efficiency from good to poor.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 45% of fixed outlets to no low energy lighting, with efficiency changing from good to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, limited insulation (assumed)
Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to NE29 8LR

9 th / 48
Price Rank
24% higher than average
1 st / 21
Size Rank
129% bigger than average
21 st / 21
Price Per Sq FT Rank
46% lower than average

Compared to other properties in NE29 8LR , this house's estimated value ranks 9th out of 48. Based on price per square foot, it ranks 21th out of 21 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 1st out of 21 properties in its postcode area.

Sale History

Today
£501,387
streetscan.co.uk estimate
+62 %
30 Jul 2010
£310,000
Leasehold
+160.5 %
20 Oct 1995
£119,000
Leasehold

Area Insights

Nearby Properties

rooms: 7
size: 1367 sq ft
sale price: £354,500
sale date: 23 Apr 2021
rooms: 7
size: 1636 sq ft
sale price: £315,000
sale date: 25 May 2018
rooms: 8
size: 1412 sq ft
sale price: £260,000
sale date: 9 Aug 2012
rooms: 10
size: 2239 sq ft
sale price: £385,000
sale date: 4 Jun 2018
rooms: 8
size: 1520 sq ft
sale price: £102,000
sale date: 19 Feb 1998

Data Sources

The property at 224 Abbots Way, North Shields, NE29 8LR appears two times in the Land Registry records, with the latest transaction recorded on 30 Jul 2010. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Sep 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.