7, George Stephenson Way
7, George Stephenson Way
Description & Estimates
The public record describes 7, George Stephenson Way, North Shields as a modern apartment with 484 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
7, George Stephenson Way, North Shields has an estimated sale value of £94,088 and an estimated rental value of £675 per month, assuming reasonable condition and based on the information available.
George Stephenson Way, North Shields, NE29 lies in the borough of North Tyneside, within the NE29 postal district.
Our Data Sources
7, George Stephenson Way, North Shields has no records in the the Land Registry and a single entry in the EPC database dated September 2024.
We combine this information with public data 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
In very good condition, we estimate 7, George Stephenson Way, North Shields would be worth £98,793, with a potential rental value of £708 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £87,502, with a rental value of £627 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 7, George Stephenson Way, North Shields has moved up by £22 (0.0%) over the last year. During the same period, its estimated monthly rental value has increased by £10 (1.5%). The property's estimated gross yield is currently 8.6%.
Energy Efficiency
7, George Stephenson Way, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Sep 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of 7, George Stephenson Way, North Shields across the last 2 years.
Most recently, 32, Brandling Court, North Shields, NE29 6WT, a leasehold flat, sold at £85,000 on the 2nd September 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
Our analysis of the public data ranks 7, George Stephenson Way, North Shields as the 64th largest and the 64th most expensive of the 71 addresses on George Stephenson Way, North Shields, NE29.
Against the NE29 postcode district average, it is £92k less expensive than the typical property.
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Schools Nearby
- 500mWaterville Primary School
- 600mRiverside Primary School
- 900mSt Cuthbert's Catholic Primary School, North Shields
- 1.4kmNorham High School
- 2.5kmJohn Spence Community High School
- 2.5kmSt Thomas More Catholic High School
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Public Transport Nearby
Northumberland Park (Tyne & Wear) station is the nearest stop to 7, George Stephenson Way, North Shields at 5.6 kilometres away.
- 5.6kmNorthumberland Park (Tyne & Wear)
- 8.4kmHeworth
- 10.0kmSeaton Delaval
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
