7, Cromwell Terrace
7, Cromwell Terrace
Description & Estimates
7, Cromwell Terrace, North Shields appears in the public record as a leasehold house.
By comparing it to nearby properties, we estimate it to be a period house with 791 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 7, Cromwell Terrace, North Shields is £239,008 and its rental estimate is £1,201 per month, given the available information and assuming reasonable condition.
Cromwell Terrace, North Shields, NE29 falls within the NE29 postal district, in the borough of North Tyneside.
Our Data Sources
7, Cromwell Terrace, North Shields has 51 entries in the Land Registry , most recently in April 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 7, Cromwell Terrace, North Shields, we estimate a market value of £250,959 and a rental value of £1,261 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £222,278 and £1,117 per month respectively.
Recent Market Change
Over the last year, 7, Cromwell Terrace, North Shields has seen its estimated sale value increase by £5,130 (2.1%) and its estimated rental value grow by £48 per month (4.0%). This results in an estimated gross rental yield of 6.0%.
Sold Prices
The most recent sale of 7, Cromwell Terrace, North Shields completed on 30th April 2007 at £94,950 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 4.2% over the period since April 2007.
- Sold Apr 2007£94,950
- Sold Nov 2003£67,950
- Sold Oct 2001£27,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Cromwell Terrace, North Shields have sold within a radius of 450 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th December 2023, was 1, Windsor Gardens, North Shields, NE29 9AZ, a freehold house which sold for £260,000.
Read more about house prices in NE29.
- Sold Dec 2023£260,000 | 3 Bed House1, Windsor Gardens, North Shields, NE29 9AZ1, Windsor Gardens, North Shields, NE29 9AZ
- Sold Jul 2023£275,000 | 3 Bed House106, Queen Alexandra Road, North Shields, NE29 9AP106, Queen Alexandra Road, North Shields, NE29 9AP
- Sold Aug 2022£150,525 | 3 Bed House6, Osborne Gardens, North Shields, NE29 9AT6, Osborne Gardens, North Shields, NE29 9AT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 25 addresses on Cromwell Terrace, North Shields, NE29, 7, Cromwell Terrace, North Shields comes out as the 7th largest and the most expensive in our analysis of the public data.
It is also £53k more expensive than the average property across the NE29 district.
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Schools Nearby
- 300mSpring Gardens Primary School
- 600mChrist Church CofE Primary School
- 700mKing Edward Primary School
- 1.0kmJohn Spence Community High School
- 1.5kmNorham High School
- 1.5kmSt Thomas More Catholic High School
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Public Transport Nearby
From 7, Cromwell Terrace, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 4.7 kilometres away.
- 4.7kmNorthumberland Park (Tyne & Wear)
- 8.6kmSeaton Delaval
- 9.5kmHeworth
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.
