5, Newcastle Street
5, Newcastle Street
Description & Estimates
According to the public record, 5, Newcastle Street, North Shields is a period leasehold apartment with 807 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 5, Newcastle Street, North Shields is £166,250 and the estimated rental value is £928 per month.
The apartment is within 5, Newcastle Street, North Shields, NE29.
Newcastle Street, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
Our Data Sources
5, Newcastle Street, North Shields has 41 entries in the Land Registry , most recently in June 2015 and a single entry in the EPC database dated February 2014.
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
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 5, Newcastle Street, North Shields is in very good condition we estimate a sale value of £174,562 and a rental value of £975 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,612 and a rental value of £863 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, Newcastle Street, North Shields has climbed by £2,137 (1.3%), while its estimated rental value has risen by £25 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Energy Efficiency
5, Newcastle Street, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Feb 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 5, Newcastle Street, North Shields was last sold on 2nd June 2015 for £75,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since June 2015, the market for similar properties has risen by 37.7%.
- Sold Jun 2015£75,000
- Sold Apr 2005£79,000
- Sold Feb 2002£36,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Newcastle Street, North Shields within a radius of 400 metres over the last 2 years.
The most recent example is 72, Lansdowne Terrace, North Shields, NE29 0NJ, a leasehold flat sold by Kathryn Kent Residential Limited for £142,000 on the 8th July 2024.
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
Newcastle Street, North Shields, NE29 has a total of 37 addresses. According to our analysis of all the public data, 5, Newcastle Street, North Shields is the 23rd largest and the 18th most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in NE29.
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Schools Nearby
- 200mSt Cuthbert's Catholic Primary School, North Shields
- 300mSpring Gardens Primary School
- 500mChrist Church CofE Primary School
- 1.3kmNorham High School
- 1.5kmJohn Spence Community High School
- 1.8kmSt Thomas More Catholic High School
More reading links
Public Transport Nearby
The closest station to 5, Newcastle Street, North Shields is Northumberland Park (Tyne & Wear) station, which is 5.1 kilometres away.
- 5.1kmNorthumberland Park (Tyne & Wear)
- 9.1kmHeworth
- 9.2kmSeaton Delaval
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
