9, Alma Place
9, Alma Place
Description & Estimates
9, Alma Place, North Shields is recorded publicly as a period leasehold apartment across 1,270 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 9, Alma Place, North Shields is £214,178 and its rental estimate is £1,069 per month, given the available information and assuming reasonable condition.
9, Alma Place is a residential building on Alma Place, North Shields, NE29 and falls within the NE29 postal district and the borough of North Tyneside.
Our Data Sources
9, Alma Place, North Shields has a single entry in the Land Registry from August 2021 and a single entry in the EPC database dated March 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 9, Alma Place, North Shields, we estimate a market value of £224,887 and a rental value of £1,123 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £199,185 and £995 per month respectively.
Recent Market Change
Over the last year, 9, Alma Place, North Shields has seen its estimated sale value grow by £2,753 (1.3%) and its estimated rental value climb by £29 per month (2.7%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
9, Alma Place, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Mar 2018.
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 9, Alma Place, North Shields completed on 2nd August 2021 at £205,500 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 dropped by 28.2% over the period since August 2021.
- Sold Aug 2021£205,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 9, Alma Place, North Shields have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th July 2022, was 9B, Alma Place, North Shields, NE29 0LZ, a leasehold flat which sold for £187,500.
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
Of the 77 addresses on Alma Place, North Shields, NE29, 9, Alma Place, North Shields comes out as the 46th largest and the 50th most expensive in our analysis of the public data.
It is also £28k more expensive than the average property across the NE29 district.
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Schools Nearby
- 200mChrist Church CofE Primary School
- 200mSpring Gardens Primary School
- 500mSt Cuthbert's Catholic Primary School, North Shields
- 1.2kmJohn Spence Community High School
- 1.6kmNorham High School
- 1.8kmMarden High School
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Public Transport Nearby
From 9, Alma Place, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 5.0 kilometres away.
- 5.0kmNorthumberland Park (Tyne & Wear)
- 9.0kmSeaton 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.
