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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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15B, Waterville Road, North Shields appears in the public record as a leasehold apartment.
We estimate it to be a period apartment with 729 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 15B, Waterville Road, North Shields is £57,463 and its rental estimate is £400 per month, given the available information and assuming reasonable condition.
15, Waterville Road is a residential building on Waterville Road, North Shields, NE29 and falls within the NE29 postal district and the borough of North Tyneside.
15B, Waterville Road, North Shields has 21 entries in the Land Registry , most recently in January 2015 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 4 out of 5 and is considered of high accuracy.
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 15B, Waterville Road, North Shields, we estimate a market value of £60,336 and a rental value of £420 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £53,440 and £372 per month respectively.
Over the last year, 15B, Waterville Road, North Shields has seen its estimated sale value increase by £13 (0.0%) and its estimated rental value grow by £6 per month (1.5%). This results in an estimated gross rental yield of 8.3%.
The most recent sale of 15B, Waterville Road, North Shields completed on 30th January 2015 at £55,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 50.3% over the period since January 2015.
Over the past 2 years 3 properties similar to 15B, Waterville Road, North Shields have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th January 2025, was 44, Waterville Road, North Shields, NE29 6SL, a leasehold flat which sold for £47,600.
Read more about house prices in NE29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 167 addresses on Waterville Road, North Shields, NE29, 15B, Waterville Road, North Shields comes out as the 102nd largest and the 154th most expensive in our analysis of the public data.
It is also £128k less expensive than the average property across the NE29 district.
From 15B, Waterville Road, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 5.3 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 15B, Waterville Road, North Shields, 47.0% of property is privately rented and 25.6% is socially 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 15B, Waterville Road, North Shields, 14.7% of residents are recorded as possessing school level qualifications and 17.1% 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 15B, Waterville Road, North Shields, the average age was 41 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 15B, Waterville Road, 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 15B, Waterville Road, North Shields, there are an average of 0.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
