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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 112, Verne Road, North Shields is a mid-century apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 112, Verne Road, North Shields is £89,174 and the estimated rental value is £665 per month.
Verne Road, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
112, Verne Road, North Shields has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 112, Verne Road, North Shields is in very good condition we estimate a sale value of £93,633 and a rental value of £698 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,932 and a rental value of £618 per month.
Over the last 12 months the sale value of 112 Verne Road North Shields has increased by an estimated £21 (0.0%) and its rental value has increased by an estimated £10 per month (1.5%), giving an expected gross yield of 8.9%.
112, Verne Road, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 112, Verne Road, North Shields was last sold on 4th February 2005 for £60,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 112, Verne Road, North Shields within a radius of 480 metres over the last 2 years.
The most recent example is 208, Balkwell Avenue, North Shields, NE29 7DH, a leasehold flat which sold for £88,000 on the 2nd April 2024.
Read more about house prices in NE29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Verne Road, North Shields, NE29 has a total of 266 addresses. According to our analysis of all the public data, 112, Verne Road, North Shields is the 251st largest and the 263rd most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in NE29.
The closest station to 112, Verne Road, North Shields is Northumberland Park (Tyne & Wear) station which is 4.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 112, Verne Road, North Shields, 51.6% of property is socially rented and 31.0% is privately rented.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 112, Verne Road, North Shields, 22.0% of residents are recorded as possessing school level qualifications and 19.9% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 112, Verne Road, North Shields, the average age was 45.2 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 112, Verne Road, North Shields, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 112, Verne Road, North Shields, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
