1, Princes Street
1, Princes Street
Description & Estimates
1, Princes Street, North Shields is recorded publicly as a period freehold house across 682 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 1, Princes Street, North Shields is £183,546 and its rental estimate is £1,146 per month, given the available information and assuming reasonable condition.
Princes Street, North Shields, NE30 falls within the NE30 postal district, in the borough of North Tyneside.
Our Data Sources
1, Princes Street, North Shields has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Princes Street, North Shields, we estimate a market value of £192,724 and a rental value of £1,203 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £170,698 and £1,066 per month respectively.
Recent Market Change
Over the last year, 1, Princes Street, North Shields has seen its estimated sale value rise by £2,943 (1.6%) and its estimated rental value move up by £50 per month (4.4%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
1, Princes Street, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Princes Street, North Shields completed on 4th July 2022 at £140,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 37.3% over the period since July 2022.
- Sold Jul 2022£140,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Princes Street, North Shields have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st May 2024, was 17, Princes Street, North Shields, NE30 2HZ, a leasehold house which sold for £135,000.
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
Of the 76 addresses on Princes Street, North Shields, NE30, 1, Princes Street, North Shields comes out as the 65th largest and the 22nd most expensive in our analysis of the public data.
It is also £146k less expensive than the average property across the NE30 district.
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Schools Nearby
- 400mKing Edward Primary School
- 600mChrist Church CofE Primary School
- 1.0kmSpring Gardens Primary School
- 1.2kmJohn Spence Community High School
- 1.5kmMarden High School
- 2.3kmNorham High School
More reading links
Public Transport Nearby
From 1, Princes Street, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 5.6 kilometres away.
- 5.6kmNorthumberland Park (Tyne & Wear)
- 9.3kmSeaton Delaval
- 10.2kmHeworth
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
