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According to the public record, 2, Mariners Point, North Shields is a modern leasehold apartment with 656 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, Mariners Point, North Shields is £151,206 and the estimated rental value is £1,019 per month.
Mariners Point, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
2, Mariners Point, North Shields has 3 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated September 2019.
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.
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, Mariners Point, North Shields is in very good condition we estimate a sale value of £158,766 and a rental value of £1,069 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £140,622 and a rental value of £947 per month.
Over the last 12 months the sale value of 2 Mariners Point North Shields has increased by an estimated £64 (0.0%) and its rental value has increased by an estimated £23 per month (2.3%), giving an expected gross yield of 8.1%.
2, Mariners Point, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 2, Mariners Point, North Shields was last sold on 28th January 2021 for £159,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since January 2021, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mariners Point, North Shields within a radius of 630 metres over the last 2 years.
The most recent example is 10, St. Vincents House, Rodney Close, North Shields, NE30 4PT, a leasehold flat which sold for £152,423 on the 19th September 2024.
Read more about house prices in NE30.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mariners Point, North Shields, NE30 has a total of 38 addresses. According to our analysis of all the public data, 2, Mariners Point, North Shields is the 8th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in NE30.
The closest station to 2, Mariners Point, North Shields is Northumberland Park (Tyne & Wear) station which is 6.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 2, Mariners Point, North Shields, 55.5% of property is privately owned outright and 27.4% 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, Mariners Point, North Shields, 5.3% of residents are recorded as possessing school level qualifications and 45.7% 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, Mariners Point, North Shields, the average age was 45.8 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, Mariners Point, North Shields, 1.4% 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, Mariners Point, North Shields, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.