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Bricks&Logic is a trading name of Urban Markets Ltd
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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7B, Priors Terrace, North Shields is described in the public record as a period apartment with 1,222 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 7B, Priors Terrace, North Shields is £345,515 and its rental estimate is £1,355 per month, given the available information and assuming reasonable condition.
7, Priors Terrace is a residential building on Priors Terrace, North Shields, NE30 and falls within the NE30 postal district and the borough of North Tyneside.
7B, Priors Terrace, North Shields has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2009.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 7B, Priors Terrace, North Shields, we estimate a market value of £362,790 and a rental value of £1,423 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £321,329 and £1,260 per month respectively.
Over the last year, 7B, Priors Terrace, North Shields has seen its estimated sale value drop by £4,421 (1.3%) and its estimated rental value rise by £27 per month (2.0%). This results in an estimated gross rental yield of 4.7%.
7B, Priors Terrace, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Apr 2009.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 7B, Priors Terrace, North Shields completed on 2nd February 1996 at £42,460 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Over the past 2 years 3 properties similar to 7B, Priors Terrace, North Shields have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2024, was 19, Kingswood Court, North Shields, NE30 4DH, a leasehold flat which sold for £310,000.
Read more about house prices in NE30.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 58 addresses on Priors Terrace, North Shields, NE30, 7B, Priors Terrace, North Shields comes out as the 18th largest and the 19th most expensive in our analysis of the public data.
It is also £16k more expensive than the average property across the NE30 district.
From 7B, Priors Terrace, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 6.4 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 7B, Priors Terrace, North Shields, 39.6% of property is privately owned outright and 32.7% 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 7B, Priors Terrace, North Shields, 10.2% of residents are recorded as possessing school level qualifications and 61.8% 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 7B, Priors Terrace, North Shields, the average age was 45.8 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 7B, Priors Terrace, North Shields, 2.1% 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 7B, Priors 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.
