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As updated by Kathryn Kent Residential Limited in July 2024, 72, Lansdowne Terrace, North Shields is a period leasehold apartment with 775 ft2 of internal area comprising 2 bedrooms with a garden.
The property has 961 years remaining on the lease.
Based on available information, and assuming reasonable condition, the estimated sale value for 72, Lansdowne Terrace, North Shields is £142,093 and the estimated rental value is £842 per month.
Lansdowne Terrace, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
72, Lansdowne Terrace, North Shields has been updated by Kathryn Kent Residential Limited. This data along with public information allows us to provide estimates for both this and neighbouring properties.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 72, Lansdowne Terrace, North Shields is in very good condition we estimate a sale value of £149,198 and a rental value of £884 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,147 and a rental value of £783 per month.
Over the last 12 months the sale value of 72 Lansdowne Terrace North Shields has increased by an estimated £1,381 (1.0%) and its rental value has increased by an estimated £22 per month (2.6%), giving an expected gross yield of 7.1%.
72, Lansdowne Terrace, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to Kathryn Kent Residential Limited and HM Land Registry, 72, Lansdowne Terrace, North Shields was last sold on 8th July 2024 for £142,000 and was recorded as a leasehold flat.
The selling agent was Kathryn Kent Residential Limited. The property has had 4 sales since 1995.
Since July 2024, the market for similar properties has dropped 36.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 72, Lansdowne Terrace, North Shields within a radius of 430 metres over the last 2 years.
The most recent example is 88, Lansdowne Terrace, North Shields, NE29 0NJ, a leasehold flat which sold for £149,200 on the 19th March 2024.
Read more about house prices in NE29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lansdowne Terrace, North Shields, NE29 has a total of 80 addresses. According to our analysis of all the public data, 72, Lansdowne Terrace, North Shields is the 30th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in NE29.
The closest station to 72, Lansdowne Terrace, North Shields is Northumberland Park (Tyne & Wear) station which is 4.7 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 72, Lansdowne Terrace, North Shields, 43.5% of property is privately owned with a mortgage and 29.0% is privately rented.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 72, Lansdowne Terrace, North Shields, 13.7% of residents are recorded as possessing school level qualifications and 39.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 72, Lansdowne Terrace, North Shields, the average age was 44 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 72, Lansdowne Terrace, North Shields, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 72, Lansdowne Terrace, North Shields, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
