38, Shield Street
38, Shield Street
Description & Estimates
38, Shield Street, Newcastle Upon Tyne is recorded publicly as a mid-century leasehold apartment across 947 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 38, Shield Street, Newcastle Upon Tyne is £135,062 and its rental estimate is £1,044 per month, given the available information and assuming reasonable condition.
Shield Street, Newcastle Upon Tyne, NE2 falls within the NE2 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
38, Shield Street, Newcastle Upon Tyne has a single entry in the Land Registry from March 2008 and a single entry in the EPC database dated December 2020.
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.
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 38, Shield Street, Newcastle Upon Tyne, we estimate a market value of £141,816 and a rental value of £1,096 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £125,608 and £970 per month respectively.
Recent Market Change
Over the last year, 38, Shield Street, Newcastle Upon Tyne has seen its estimated sale value increase by £357 (0.3%) and its estimated rental value grow by £22 per month (2.1%). This results in an estimated gross rental yield of 9.3%.
Energy Efficiency
38, Shield Street, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Dec 2020.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 38, Shield Street, Newcastle Upon Tyne completed on 20th March 2008 at £128,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 73.4% over the period since March 2008.
- Sold Mar 2008£128,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 38, Shield Street, Newcastle Upon Tyne have sold within a radius of 270 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st November 2024, was 15, Coppice Way, Newcastle Upon Tyne, NE2 1XS, a leasehold flat which sold for £175,000.
Read more about house prices in NE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 362 addresses on Shield Street, Newcastle Upon Tyne, NE2, 38, Shield Street, Newcastle Upon Tyne comes out as the 21st largest and the 76th most expensive in our analysis of the public data.
It is also £128k less expensive than the average property across the NE2 district.
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Schools Nearby
- 200mChrist Church CofE Primary School
- 700mHotspur Primary School
- 900mSt Catherine's Catholic Primary School
- 1.5kmNorth East Futures UTC
- 2.1kmJesmond Park Academy
- 3.1kmBenfield School
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Public Transport Nearby
From 38, Shield Street, Newcastle Upon Tyne, the nearest station is Manors, 500 metres away.
- 500mManors
- 1.4kmNewcastle
- 3.9kmDunston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
