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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 3, Arcade Park, North Shields is a modern leasehold apartment with 1,765 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Arcade Park, North Shields is £337,674 and the estimated rental value is £1,688 per month.
Arcade Park, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
3, Arcade Park, North Shields has 31 entries in the Land Registry , most recently in November 2012 and a single entry in the EPC database dated September 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 3, Arcade Park, North Shields is in very good condition we estimate a sale value of £354,558 and a rental value of £1,772 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £314,037 and a rental value of £1,570 per month.
Over the last 12 months the sale value of 3 Arcade Park North Shields has decreased by an estimated £602 (0.2%) and its rental value has increased by an estimated £33 per month (1.9%), giving an expected gross yield of 6%.
3, Arcade Park, North Shields has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Arcade Park, North Shields was last sold on 27th November 2012 for £210,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2012, the market for similar properties has risen 20.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Arcade Park, North Shields within a radius of 610 metres over the last 2 years.
The most recent example is Flat A, 10, Priors Terrace, North Shields, NE30 4BE, a leasehold flat which sold for £420,000 on the 21st September 2023.
Read more about house prices in NE30.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Arcade Park, North Shields, NE30 has a total of 12 addresses. According to our analysis of all the public data, 3, Arcade Park, North Shields is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in NE30.
The closest station to 3, Arcade Park, North Shields is Northumberland Park (Tyne & Wear) station which is 6.4 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 3, Arcade Park, North Shields, 39.6% of property is privately owned outright and 32.7% 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 3, Arcade Park, North Shields, 10.2% of residents are recorded as possessing school level qualifications and 61.8% 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 3, Arcade Park, 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 3, Arcade Park, North Shields, 2.1% 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 3, Arcade Park, 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.
