21, Penman Place
21, Penman Place
Description & Estimates
According to the public record, 21, Penman Place, North Shields is a mid-century apartment with 572 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 21, Penman Place, North Shields is £46,724 and the estimated rental value is £344 per month.
Penman Place, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
Our Data Sources
21, Penman Place, North Shields has no records in the the Land Registry and a single entry in the EPC database dated September 2011.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 21, Penman Place, North Shields is in very good condition we estimate a sale value of £49,060 and a rental value of £361 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £43,454 and a rental value of £320 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 21, Penman Place, North Shields has risen by £11 (0.0%), while its estimated rental value has moved up by £5 per month (1.5%). Based on current estimates, the property offers a gross rental yield of 8.8%.
Energy Efficiency
21, Penman Place, 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.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 21, Penman Place, North Shields within a radius of 450 metres over the last 2 years.
The most recent example is 15, Waterville Road, North Shields, NE29 6SL, a leasehold flat which sold for £52,000 on the 20th December 2013.
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
Penman Place, North Shields, NE29 has a total of 41 addresses. According to our analysis of all the public data, 21, Penman Place, North Shields is the 35th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in NE29.
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Schools Nearby
- 300mWaterville Primary School
- 500mSt Cuthbert's Catholic Primary School, North Shields
- 700mRiverside Primary School
- 1.4kmNorham High School
- 2.2kmJohn Spence Community High School
- 2.4kmSt Thomas More Catholic High School
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Public Transport Nearby
The closest station to 21, Penman Place, North Shields is Northumberland Park (Tyne & Wear) station, which is 5.5 kilometres away.
- 5.5kmNorthumberland Park (Tyne & Wear)
- 8.8kmHeworth
- 9.8kmSeaton Delaval
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
