6B, Priors Terrace
6B, Priors Terrace
Description & Estimates
According to the public record, 6B, Priors Terrace, North Shields is a period leasehold apartment with 2,911 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 6B, Priors Terrace, North Shields is £618,018 and the estimated rental value is £2,479 per month.
The apartment is within 6, Priors Terrace, North Shields, NE30.
Priors Terrace, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
Our Data Sources
6B, Priors Terrace, North Shields has a single entry in the Land Registry from August 2020 and a single entry in the EPC database dated July 2010.
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
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 6B, Priors Terrace, North Shields is in very good condition we estimate a sale value of £648,919 and a rental value of £2,603 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £574,756 and a rental value of £2,305 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 6B, Priors Terrace, North Shields has increased by £6,857 (1.1%), while its estimated rental value has grown by £87 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 4.8%.
Energy Efficiency
6B, Priors Terrace, North Shields has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Jul 2010.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 6B, Priors Terrace, North Shields was last sold on 26th August 2020 for £535,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2020, the market for similar properties has risen by 19.1%.
- Sold Aug 2020£535,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 6B, Priors Terrace, North Shields within a radius of 720 metres over the last 2 years.
The most recent example is 4, The Arcade, North Shields, NE30 4BS, a leasehold flat which sold for £425,000 on the 30th January 2014.
Read more about house prices in NE30.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Priors Terrace, North Shields, NE30 has a total of 58 addresses. According to our analysis of all the public data, 6B, Priors Terrace, North Shields is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £288k more expensive than the average property in NE30.
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Schools Nearby
- 1.3kmKing Edward Primary School
- 1.4kmHadrian Primary School
- 1.5kmChrist Church CofE Primary School
- 1.7kmMarden High School
- 1.9kmJohn Spence Community High School
- 3.1kmMonkseaton High School
More reading links
Public Transport Nearby
The closest station to 6B, Priors Terrace, North Shields is Northumberland Park (Tyne & Wear) station, which is 6.4 kilometres away.
- 6.4kmNorthumberland Park (Tyne & Wear)
- 9.8kmSeaton Delaval
- 11.0kmHeworth
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
