113, Balkwell Avenue
113, Balkwell Avenue
Description & Estimates
113, Balkwell Avenue, North Shields is recorded publicly as an early-century leasehold apartment across 649 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 113, Balkwell Avenue, North Shields is £84,583 and its rental estimate is £606 per month, given the available information and assuming reasonable condition.
Balkwell Avenue, North Shields, NE29 falls within the NE29 postal district, in the borough of North Tyneside.
Our Data Sources
113, Balkwell Avenue, North Shields has 2 entries in the Land Registry , most recently in February 2012 and a single entry in the EPC database dated September 2011.
We combine this information with that 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.
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 113, Balkwell Avenue, North Shields, we estimate a market value of £88,812 and a rental value of £637 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £78,662 and £564 per month respectively.
Recent Market Change
Over the last year, 113, Balkwell Avenue, North Shields has seen its estimated sale value climb by £822 (1.0%) and its estimated rental value rise by £16 per month (2.6%). This results in an estimated gross rental yield of 8.6%.
Energy Efficiency
113, Balkwell Avenue, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Sep 2011.
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 113, Balkwell Avenue, North Shields completed on 28th February 2012 at £64,000 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 39.2% over the period since February 2012.
- Sold Feb 2012£64,000
- Sold Jul 2010£65,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 113, Balkwell Avenue, North Shields have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th November 2024, was 138, Balkwell Avenue, North Shields, NE29 7JF, a leasehold flat which sold for £85,000.
Read more about house prices in NE29.
- Sold Nov 2024£85,000 | 2 Bed Flat138, Balkwell Avenue, North Shields, NE29 7JF138, Balkwell Avenue, North Shields, NE29 7JF
- Sold Jan 2024£78,000 | 2 Bed Flat135, Balkwell Avenue, North Shields, NE29 7DH135, Balkwell Avenue, North Shields, NE29 7DH
- Sold Jun 2023£64,000 | 2 Bed Flat123, Balkwell Avenue, North Shields, NE29 7DH123, Balkwell Avenue, North Shields, NE29 7DH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 181 addresses on Balkwell Avenue, North Shields, NE29, 113, Balkwell Avenue, North Shields comes out as the 118th largest and the 156th most expensive in our analysis of the public data.
It is also £101k less expensive than the average property across the NE29 district.
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Schools Nearby
- 200mCollingwood Primary School
- 500mSt Joseph's Catholic Primary School, North Shields
- 1.1kmRiverside Primary School
- 300mNorham High School
- 1.1kmSt Thomas More Catholic High School
- 2.0kmJohn Spence Community High School
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Public Transport Nearby
From 113, Balkwell Avenue, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 4.0 kilometres away.
- 4.0kmNorthumberland Park (Tyne & Wear)
- 8.3kmHeworth
- 8.5kmSeaton 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.
