61B, Percy Park
61B, Percy Park
Description & Estimates
According to the public record, 61B, Percy Park, North Shields is a modern leasehold apartment with 1,033 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 61B, Percy Park, North Shields is £336,110 and the estimated rental value is £1,333 per month.
The apartment is within 61, Percy Park, North Shields, NE30.
Percy Park, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
Our Data Sources
61B, Percy Park, North Shields has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 61B, Percy Park, North Shields is in very good condition we estimate a sale value of £352,915 and a rental value of £1,400 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,582 and a rental value of £1,240 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 61B, Percy Park, North Shields has decreased by £4,301 (1.3%), while its estimated rental value has grown by £27 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 4.8%.
Energy Efficiency
61B, Percy Park, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 61B, Percy Park, North Shields was last sold on 31st March 2023 for £385,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2023, the market for similar properties has dropped by 34.2%.
- Sold Mar 2023£385,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61B, Percy Park, North Shields within a radius of 680 metres over the last 2 years.
The most recent example is Flat 2, 48, Percy Park, North Shields, NE30 4JX, a leasehold flat which sold for £355,000 on the 30th October 2024.
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
Percy Park, North Shields, NE30 has a total of 110 addresses. According to our analysis of all the public data, 61B, Percy Park, North Shields is the 55th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in NE30.
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Schools Nearby
- 1.2kmMonkhouse Primary School
- 1.3kmKing Edward Primary School
- 1.3kmCullercoats Primary School
- 1.1kmMarden High School
- 1.6kmJohn Spence Community High School
- 2.6kmMonkseaton High School
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Public Transport Nearby
The closest station to 61B, Percy Park, North Shields is Northumberland Park (Tyne & Wear) station, which is 6.0 kilometres away.
- 6.0kmNorthumberland Park (Tyne & Wear)
- 9.2kmSeaton Delaval
- 11.0kmNewsham
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.
