8 Preston Gate, North Shields, NE29 9QB is a leasehold flat built between 1976-1982. The property offers approximately 441 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £68,109 , which equates to approximately £154 per square foot. It was last sold on 21 Jan 2022 for £65,000. Since then, the value has increased by £3,109, representing a 4.8% increase, or approximately 1.1% per year.

The current estimated value of £68,109 is:

  • 32.6% lower than the average property price on Preston Gate
  • 34.5% lower than the average in the NE29 9QB postcode area
  • and 71.2% lower than the average price for North Shields as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 29 October 2021, the property was recorded as rented.

View sold house prices in NE29 9QB

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
441 sq ft
Tenure
Leasehold
Price (estimate)
£68,109
Price Per sq ft (estimate)
£154
Bedroom Count (estimate)
1 bedroom

EPC Summary

8 Preston Gate, North Shields, North Tyneside, Tyne And Wear, NE29 9QB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 29 Oct 2021.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 27 Jul 2011, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 47.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE29 9QB

13 th / 26
Price Rank
35% lower than average
17 th / 22
Size Rank
16% smaller than average
9 th / 22
Price Per Sq FT Rank
22% lower than average

Sale History

Today
£68,109
streetscan.co.uk estimate
+5 %
21 Jan 2022
£65,000
Leasehold
+62.5 %
7 Nov 2012
£40,000
Leasehold
-51.8 %
2 Dec 2005
£83,000
Leasehold
+163.5 %
3 Apr 2000
£31,500
Leasehold

Flood Risk for this Property

Flood risk from rivers and the sea
Very low flood risk
Flood risk from surface water
Very low flood risk
Surface water flood hazard
No mapped risk

* Results are based on Environment Agency flood risk mapping for the property UPRN where available. They are indicative and should not be treated as a site-specific flood survey.

Flood risk from rivers and the sea

This property has very low flood risk from rivers and the sea.

River and sea flooding includes flooding caused by overflowing rivers, estuaries, tidal waters and coastal surges.

Flood risk from surface water

This property has very low surface water flood risk.

Surface water flooding can happen when heavy rainfall overwhelms drains, roads, gardens or other hard surfaces.

Flood depth indicators

Rivers and Sea
  • 0.2m depth No mapped risk
  • 0.3m depth No mapped risk
  • 0.6m depth No mapped risk
  • 0.9m depth No mapped risk
  • 1.2m depth No mapped risk
Surface Water
  • 0.2m depth No mapped risk
  • 0.3m depth No mapped risk
  • 0.6m depth No mapped risk
  • 0.9m depth No mapped risk
  • 1.2m depth No mapped risk

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 431 sq ft
sale price: £72,000
sale date: 31 Oct 2025
rooms: 2
size: 484 sq ft
sale price: £80,000
sale date: 11 Apr 2025
rooms: 2
size: 463 sq ft
sale price: £78,000
sale date: 19 Dec 2023
rooms: 2
size: 441 sq ft
sale price: £72,000
sale date: 28 Apr 2023
rooms: 2
size: 463 sq ft
sale price: £57,000
sale date: 21 Jul 2022

Data Sources

The property at 8 Preston Gate, North Shields, NE29 9QB appears four times in HM Land Registry records, with the latest transaction recorded on 21 Jan 2022. It also has two Energy Performance Certificate (EPC) records, the earliest dating back to 29 Oct 2021. We use this information to estimate the property's characteristics, flood risk profile and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0 .

StreetScan.co.uk is not affiliated with, endorsed by, or associated with HM Land Registry, DESNZ, MHCLG, Defra or the Environment Agency.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure that the information provided on this website is current and accurate. However, no warranties or representations are made regarding its completeness, accuracy, suitability or reliability. Property values, flood risk assessments and other derived information are estimates based on publicly available datasets and should not be relied upon as professional, legal, surveying, environmental, financial or insurance advice. StreetScan.co.uk expressly disclaims all liability for any loss, damage, cost or expense arising directly or indirectly from the use of, or reliance upon, information provided on this website.