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According to the public record, 46, Waterville Road, North Shields is a period leasehold apartment with 1,140 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 46, Waterville Road, North Shields is £70,383 and the estimated rental value is £443 per month.
Waterville Road, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
46, Waterville Road, North Shields has a single entry in the Land Registry from January 2023 and a single entry in the EPC database dated April 2022.
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 46, Waterville Road, North Shields is in very good condition we estimate a sale value of £73,903 and a rental value of £465 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £65,457 and a rental value of £412 per month.
Over the last 12 months the sale value of 46 Waterville Road North Shields has increased by an estimated £905 (1.3%) and its rental value has increased by an estimated £12 per month (2.7%), giving an expected gross yield of 7.6%.
46, Waterville Road, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Apr 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, 46, Waterville Road, North Shields was last sold on 16th January 2023 for £91,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2023, the market for similar properties has risen 29.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, Waterville Road, North Shields within a radius of 430 metres over the last 2 years.
The most recent example is 9, Vicarage Street, North Shields, NE29 6SJ, a leasehold flat which sold for £75,000 on the 28th October 2022.
Read more about house prices in NE29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Waterville Road, North Shields, NE29 has a total of 167 addresses. According to our analysis of all the public data, 46, Waterville Road, North Shields is the 47th largest and the 144th most expensive property on the street.
When compared to the postcode district it is £115k less expensive than the average property in NE29.
The closest station to 46, Waterville Road, North Shields is Northumberland Park (Tyne & Wear) station which is 5.3 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 46, Waterville Road, North Shields, 47.0% of property is privately rented and 25.6% is socially 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 46, Waterville Road, North Shields, 14.7% of residents are recorded as possessing school level qualifications and 17.1% 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 46, Waterville Road, North Shields, the average age was 41 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 46, Waterville Road, North Shields, 0.0% 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 46, Waterville Road, North Shields, there are an average of 0.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
