29, Ayres Terrace
29, Ayres Terrace
Description & Estimates
29, Ayres Terrace, North Shields is recorded publicly as a period leasehold apartment across 753 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 29, Ayres Terrace, North Shields is £135,413 and its rental estimate is £830 per month, given the available information and assuming reasonable condition.
Ayres Terrace, North Shields, NE29 falls within the NE29 postal district, in the borough of North Tyneside.
Our Data Sources
29, Ayres Terrace, North Shields has 41 entries in the Land Registry , most recently in November 2019 and a single entry in the EPC database dated September 2018.
We combine this information with that 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
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 29, Ayres Terrace, North Shields, we estimate a market value of £142,183 and a rental value of £871 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £125,934 and £772 per month respectively.
Recent Market Change
Over the last year, 29, Ayres Terrace, North Shields has seen its estimated sale value climb by £1,316 (1.0%) and its estimated rental value rise by £22 per month (2.6%). This results in an estimated gross rental yield of 7.4%.
Energy Efficiency
29, Ayres Terrace, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Sep 2018.
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 29, Ayres Terrace, North Shields completed on 26th November 2019 at £91,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 26.4% over the period since November 2019.
- Sold Nov 2019£91,500
- Sold May 2016£119,950
- Sold Nov 2006£105,263
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 29, Ayres Terrace, North Shields have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th July 2024, was 72, Lansdowne Terrace, North Shields, NE29 0NJ, a leasehold flat sold by Kathryn Kent Residential Limited for £142,000.
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
Of the 16 addresses on Ayres Terrace, North Shields, NE29, 29, Ayres Terrace, North Shields comes out as the 16th largest and the 16th most expensive in our analysis of the public data.
It is also £50k less expensive than the average property across the NE29 district.
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Schools Nearby
- 100mSpring Gardens Primary School
- 300mSt Cuthbert's Catholic Primary School, North Shields
- 400mChrist Church CofE Primary School
- 1.3kmJohn Spence Community High School
- 1.4kmNorham High School
- 1.8kmSt Thomas More Catholic High School
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Public Transport Nearby
From 29, Ayres Terrace, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 5.0 kilometres away.
- 5.0kmNorthumberland Park (Tyne & Wear)
- 9.0kmSeaton Delaval
- 9.3kmHeworth
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.
