55, North King Street
55, North King Street
Description & Estimates
55, North King Street, North Shields is recorded publicly as a period leasehold apartment across 624 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 55, North King Street, North Shields is £127,693 and its rental estimate is £914 per month, given the available information and assuming reasonable condition.
North King Street, North Shields, NE30 falls within the NE30 postal district, in the borough of North Tyneside.
Our Data Sources
55, North King Street, North Shields has a single entry in the Land Registry from May 2015 and a single entry in the EPC database dated October 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 55, North King Street, North Shields, we estimate a market value of £134,078 and a rental value of £960 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £118,755 and £850 per month respectively.
Recent Market Change
Over the last year, 55, North King Street, North Shields has seen its estimated sale value decline by £677 (0.5%) and its estimated rental value climb by £26 per month (2.8%). This results in an estimated gross rental yield of 8.6%.
Energy Efficiency
55, North King Street, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Oct 2013.
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
The most recent sale of 55, North King Street, North Shields completed on 1st May 2015 at £58,000 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 43.5% over the period since May 2015.
- Sold May 2015£58,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 55, North King Street, North Shields have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th September 2024, was 15, North King Street, North Shields, NE30 2HS, a leasehold flat which sold for £90,000.
Read more about house prices in NE30.
- Sold Sep 2024£90,000 | 2 Bed Flat15, North King Street, North Shields, NE30 2HS15, North King Street, North Shields, NE30 2HS
- Sold Sep 2024£72,000 | 2 Bed Flat14, North King Street, North Shields, NE30 2HS14, North King Street, North Shields, NE30 2HS
- Sold Jul 2022£96,000 | 2 Bed Flat48, North King Street, North Shields, NE30 2HS48, North King Street, North Shields, NE30 2HS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 62 addresses on North King Street, North Shields, NE30, 55, North King Street, North Shields comes out as the 52nd largest and the 53rd most expensive in our analysis of the public data.
It is also £202k less expensive than the average property across the NE30 district.
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Schools Nearby
- 400mChrist Church CofE Primary School
- 400mKing Edward Primary School
- 800mSpring Gardens Primary School
- 1.2kmJohn Spence Community High School
- 1.5kmMarden High School
- 2.2kmNorham High School
More reading links
Public Transport Nearby
From 55, North King Street, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 5.4 kilometres away.
- 5.4kmNorthumberland Park (Tyne & Wear)
- 9.2kmSeaton Delaval
- 10.0kmHeworth
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.
