5C, Priors Terrace
5C, Priors Terrace
Description & Estimates
5C, Priors Terrace, North Shields is recorded publicly as a period leasehold apartment across 1,829 ft2 of internal area.
Locally, apartments of this size normally have 4 bedrooms.
Our estimate of the sale value of 5C, Priors Terrace, North Shields is £539,527 and its rental estimate is £2,164 per month, given the available information and assuming reasonable condition.
5, 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.
Our Data Sources
5C, Priors Terrace, North Shields has 31 entries in the Land Registry , most recently in August 2015 and a single entry in the EPC database dated December 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 5C, Priors Terrace, North Shields, we estimate a market value of £566,503 and a rental value of £2,272 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £501,760 and £2,013 per month respectively.
Recent Market Change
Over the last year, 5C, Priors Terrace, North Shields has seen its estimated sale value fall by £2,364 (0.4%) and its estimated rental value move up by £50 per month (2.3%). This results in an estimated gross rental yield of 4.8%.
Energy Efficiency
5C, Priors Terrace, North Shields has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 04 Dec 2013.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5C, Priors Terrace, North Shields completed on 26th August 2015 at £320,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 9.2% over the period since August 2015.
- Sold Aug 2015£320,000
- Sold Dec 2008£165,000
- Sold Mar 1995£90,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5C, Priors Terrace, North Shields have sold within a radius of 710 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th June 2022, was Flat E, 37, Percy Gardens, North Shields, NE30 4HQ, a leasehold flat which sold for £470,000.
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
Of the 58 addresses on Priors Terrace, North Shields, NE30, 5C, Priors Terrace, North Shields comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £210k more expensive than the average property across the NE30 district.
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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
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Public Transport Nearby
From 5C, Priors Terrace, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 6.4 kilometres away.
- 6.4kmNorthumberland Park (Tyne & Wear)
- 9.8kmSeaton Delaval
- 11.0kmHeworth
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.
