# 3 bedroom semi-detached house for sale (NE29 8EE) ## Property Details | Key | Value | |-----|-------| | Address | 2 PADDOCK WAY, NORTH SHIELDS, TYNE AND WEAR NE29 8EE | | Price | £289,995 | | Bedrooms | 3 | | Bathrooms | 2 | | Council tax | C | | Last sold | £249,995 Dec 2023 | ## Description Signature North East are pleased to welcome to the market this well-presented three-bedroom semi-detached property, ideally located in North Shields. Positioned in a great, well-connected area, the home offers easy access to Newcastle upon Tyne via the A19 and Coast Road, with nearby Metro and bus links providing excellent commuting options. Residents benefit from strong local amenities including a variety of shops and Silverlink Retail Park, well-regarded schools in the surrounding area, and the added lifestyle appeal of being just a short drive from the beautiful beaches at Tynemouth and Whitley Bay. Upon entering, you are welcomed into the central hallway, which also provides access to a convenient W.C. and an under-stairs storage cupboard. The first door leads to the large, bright living room, offering ample space for a range of desired furnishings. To the rear is the open-plan kitchen and dining area, which comfortably accommodates a dining table. The kitchen boasts a plethora of storage through attractive wall and base units, complemented by sleek countertops, and benefits from integrated appliances including a fridge freezer, dishwasher, oven and hob. Elegant French doors provide direct access to the rear garden. Continuing to the first floor, the property offers three bedrooms. Bedrooms one and two can easily accommodate double beds along with additional furnishings, while bedroom three is suitable for a single bed with additional furniture. Bedroom one is complete with built-in sliding door wardrobes and a modern en-suite featuring a hand basin, W.C. and shower. Completing this floor is the family bathroom, fitted with a bathtub, hand basin and W.C. Externally, the home benefits from a rear garden laid mainly with lawn alongside an ample patio area, perfect for outdoor furniture and entertaining. To the front of the property there is a driveway providing off-street parking for two cars. **Living Room** - 4.6 x 3.25 (15'1" x 10'7") - **Kitchen / Diner** - 3.43 x 5.23 (11'3" x 17'1") - **Wc** - 2.54 x 1.54 (8'3" x 5'0") - **Bedroom One** - 4.9 x 2.93 (16'0" x 9'7") - **En Suite** - 1.29 x 2.12 (4'2" x 6'11") - **Bedroom Two** - 4.04 x 2.47 (13'3" x 8'1") - **Bedoom Three** - 2.92 x 2.69 (9'6" x 8'9") - **Bathroom** - 1.94 x 2.22 (6'4" x 7'3") - ## Property Photos - ![External](/listings/photos/172548773/579786) - External - ![Living Room](/listings/photos/172548773/579790) - Living Room - ![Kitchen / Diner](/listings/photos/172548773/579791) - Kitchen / Diner - ![Kitchen / Diner](/listings/photos/172548773/579792) - Kitchen / Diner - ![Bedroom One](/listings/photos/172548773/579793) - Bedroom One - ![En Suite](/listings/photos/172548773/579794) - En Suite - ![Bedroom Two](/listings/photos/172548773/579795) - Bedroom Two - ![Bathroom](/listings/photos/172548773/579797) - Bathroom - ![External](/listings/photos/172548773/579798) - External ## Floorplans - ![Floorplan](/listings/photos/172548773/579801) - Floorplan ## EPC Graphs - ![EE Rating](/listings/photos/172548773/579803) - EE Rating ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 2 PADDOCK WAY, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8EE | £249,995 | 15/12/2023 | Semi-detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] 1 PADDOCK WAY, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8EE | £237,495 | 15/12/2023 | Semi-detached | | [Same street] 3 PADDOCK WAY, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8EE | £174,995 | 08/12/2023 | Terraced | | [Same street] 5 PADDOCK WAY, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8EE | £176,995 | 08/12/2023 | Terraced | | [Same street] 4 PADDOCK WAY, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8EE | £172,995 | 08/12/2023 | Terraced | | [Same street] 7 PADDOCK WAY, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8EE | £168,995 | 04/12/2023 | Terraced | | [Same street] 9 PADDOCK WAY, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8EE | £171,995 | 30/11/2023 | Terraced | | [Same street] 8 PADDOCK WAY, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8EE | £168,995 | 30/11/2023 | Terraced | | [Same street] 11 PADDOCK WAY, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8EE | £174,995 | 17/11/2023 | Semi-detached | | [Same street] 10 PADDOCK WAY, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8EE | £174,995 | 17/11/2023 | Semi-detached | | [Same street] 12 PADDOCK WAY, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8EE | £139,995 | 19/10/2023 | Semi-detached | | [Same street] 13 PADDOCK WAY, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8EE | £139,995 | 13/10/2023 | Semi-detached | | [Same street] 14 PADDOCK WAY, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8EE | £163,995 | 10/10/2023 | Terraced | | [Same street] 15 PADDOCK WAY, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8EE | £159,995 | 06/10/2023 | Terraced | | [Same street] 16 PADDOCK WAY, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8EE | £163,995 | 05/10/2023 | Terraced | | [Same street] 18 PADDOCK WAY, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8EE | £169,995 | 29/09/2023 | Semi-detached | | 48 ROSEWOOD CLOSE, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8AG | £285,000 | 29/08/2023 | Semi-detached | | 1 GRINDON CLOSE, WHITLEY BAY, NORTH TYNESIDE, TYNE AND WEAR, NE25 9EB | £308,000 | 02/12/2022 | Semi-detached | | 49 ROSEWOOD CLOSE, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8AG | £280,000 | 11/07/2022 | Semi-detached | | 16 GRINDON CLOSE, WHITLEY BAY, NORTH TYNESIDE, TYNE AND WEAR, NE25 9EB | £390,000 | 11/04/2022 | Semi-detached | | 33 ROSEWOOD CLOSE, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8AG | £270,000 | 23/02/2022 | Semi-detached | | 3 GRINDON CLOSE, WHITLEY BAY, NORTH TYNESIDE, TYNE AND WEAR, NE25 9EB | £270,000 | 16/08/2021 | Semi-detached | | 14 ROSEWOOD CLOSE, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8AG | £250,000 | 14/07/2021 | Semi-detached | | 28 ROSEWOOD CLOSE, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 8AG | £247,000 | 25/06/2021 | Semi-detached | **Street average:** £170,695 (15 sales) **Area average:** £287,500 (8 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £224,759 (39 Semi-detached, NE29, 2024–2026) - **Deviation:** +29% ## Rental Range *ONS Price Index of Private Rents (North East). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £698/mo - **Realistic:** £776/mo - **Optimistic:** £854/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Tyneside (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £648/mo ## 1% Rule - **Rent ratio:** 0.27% (weak for cashflow) - **Max investor price (0.8%):** £97,000 - **Target investor price (1%):** £77,600 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 67.3% - **10y growth:** 35.2% ## House Price Index (HM Land Registry) *Official index for North East; Semi-detached series; as of March 2026.* - **1y growth (index):** 0.2% - **5y growth (index):** 20.8% - **10y growth (index):** 42.3% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)