59, Princes Street
59, Princes Street
Description & Estimates
59, Princes Street, North Shields is recorded publicly as a period leasehold apartment across 764 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 59, Princes Street, North Shields is £151,790 and its rental estimate is £1,003 per month, given the available information and assuming reasonable condition.
Princes Street, North Shields, NE30 falls within the NE30 postal district, in the borough of North Tyneside.
Our Data Sources
59, Princes Street, North Shields has 61 entries in the Land Registry , most recently in June 2017 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.
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 59, Princes Street, North Shields, we estimate a market value of £159,379 and a rental value of £1,053 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £141,165 and £933 per month respectively.
Recent Market Change
Over the last year, 59, Princes Street, North Shields has seen its estimated sale value decline by £804 (0.5%) and its estimated rental value climb by £28 per month (2.8%). This results in an estimated gross rental yield of 7.9%.
Energy Efficiency
59, Princes Street, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Apr 2022.
The property is 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 59, Princes Street, North Shields completed on 15th June 2017 at £115,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 6 times.
Values of comparable properties have risen by 32.2% over the period since June 2017.
- Sold Jun 2017£115,000
- Sold May 2014£96,000
- Sold Sep 2012£70,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 59, Princes Street, North Shields have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st October 2024, was 71, Princes Street, North Shields, NE30 2HN, a leasehold flat which sold for £140,000.
Read more about house prices in NE30.
- Sold Oct 2024£140,000 | 2 Bed Flat71, Princes Street, North Shields, NE30 2HN71, Princes Street, North Shields, NE30 2HN
- Sold Apr 2023£192,111 | 2 Bed Flat53, Princes Street, North Shields, NE30 2HN53, Princes Street, North Shields, NE30 2HN
- Sold Dec 2022£150,000 | 2 Bed Flat61, Princes Street, North Shields, NE30 2HN61, Princes Street, North Shields, NE30 2HN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 76 addresses on Princes Street, North Shields, NE30, 59, Princes Street, North Shields comes out as the 37th largest and the 47th most expensive in our analysis of the public data.
It is also £178k less expensive than the average property across the NE30 district.
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Schools Nearby
- 400mKing Edward Primary School
- 600mChrist Church CofE Primary School
- 1.0kmSpring Gardens Primary School
- 1.1kmJohn Spence Community High School
- 1.3kmMarden High School
- 2.4kmNorham High School
More reading links
Public Transport Nearby
From 59, Princes Street, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 5.5 kilometres away.
- 5.5kmNorthumberland Park (Tyne & Wear)
- 9.2kmSeaton Delaval
- 10.3kmHeworth
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.
