Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, 2, Block B, North Shields is a modern leasehold apartment with 505 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 2, Block B, North Shields is £204,750 and the estimated rental value is £926 per month.
The apartment is within Block B, Shepherds Quay, North Shields, NE29.
Shepherds Quay, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
2, Block B, North Shields has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated October 2022.
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.
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 2, Block B, North Shields is in very good condition we estimate a sale value of £214,988 and a rental value of £972 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,418 and a rental value of £861 per month.
Over the last 12 months the sale value of 2 Block B North Shields has increased by an estimated £1,138 (0.6%) and its rental value has increased by an estimated £23 per month (2.4%), giving an expected gross yield of 5.4%.
2, Block B, North Shields has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, 2, Block B, North Shields was last sold on 28th November 2022 for £170,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has dropped 15.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Block B, North Shields within a radius of 480 metres over the last 2 years.
The most recent example is 14, Block B, Shepherds Quay, North Shields, NE29 6LF, a leasehold flat which sold for £175,000 on the 29th November 2022.
Read more about house prices in NE29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shepherds Quay, North Shields, NE29 has a total of 50 addresses. According to our analysis of all the public data, 2, Block B, North Shields is the 42nd largest and the 45th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in NE29.
The closest station to 2, Block B, North Shields is Northumberland Park (Tyne & Wear) station which is 5.8 kilometres away.
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 2, Block B, North Shields, 53.9% of property is privately owned outright and 25.3% 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 2, Block B, North Shields, 1.8% of residents are recorded as possessing school level qualifications and 41.5% 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 2, Block B, North Shields, the average age was 44 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 2, Block B, North Shields, 7.9% 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 2, Block B, North Shields, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
