1, Victoria Crescent
1, Victoria Crescent
Description & Estimates
1, Victoria Crescent, North Shields is recorded publicly as a period leasehold apartment across 538 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 1, Victoria Crescent, North Shields is £61,274 and its rental estimate is £457 per month, given the available information and assuming reasonable condition.
Victoria Crescent, North Shields, NE29 falls within the NE29 postal district, in the borough of North Tyneside.
Our Data Sources
1, Victoria Crescent, North Shields has 21 entries in the Land Registry , most recently in July 2008 and a single entry in the EPC database dated January 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Victoria Crescent, North Shields, we estimate a market value of £64,338 and a rental value of £480 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £56,985 and £425 per month respectively.
Recent Market Change
Over the last year, 1, Victoria Crescent, North Shields has seen its estimated sale value move up by £596 (1.0%) and its estimated rental value increase by £12 per month (2.6%). This results in an estimated gross rental yield of 8.9%.
Energy Efficiency
1, Victoria Crescent, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jan 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, Victoria Crescent, North Shields completed on 10th July 2008 at £60,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 20.1% over the period since July 2008.
- Sold Jul 2008£60,000
- Sold Oct 2002£25,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Victoria Crescent, North Shields have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th February 2023, was 56, Vicarage Street, North Shields, NE29 6SJ, a leasehold flat which sold for £45,000.
Read more about house prices in NE29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 27 addresses on Victoria Crescent, North Shields, NE29, 1, Victoria Crescent, North Shields comes out as the 27th largest and the 27th most expensive in our analysis of the public data.
It is also £124k less expensive than the average property across the NE29 district.
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Schools Nearby
- 200mWaterville Primary School
- 300mSt Cuthbert's Catholic Primary School, North Shields
- 600mRiverside Primary School
- 1.2kmNorham High School
- 1.9kmJohn Spence Community High School
- 2.0kmSt Thomas More Catholic High School
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Public Transport Nearby
From 1, Victoria Crescent, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 5.2 kilometres away.
- 5.2kmNorthumberland Park (Tyne & Wear)
- 8.8kmHeworth
- 9.4kmSeaton Delaval
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.
