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According to the public record, 7D, Priors Terrace, North Shields is a period leasehold apartment with 1,797 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7D, Priors Terrace, North Shields is £431,233 and the estimated rental value is £1,730 per month.
The apartment is within 7, Priors Terrace, North Shields, NE30.
Priors Terrace, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
7D, Priors Terrace, North Shields has 51 entries in the Land Registry , most recently in January 2008 and a single entry in the EPC database dated March 2020.
We combine this information with that 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.
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 7D, Priors Terrace, North Shields is in very good condition we estimate a sale value of £452,795 and a rental value of £1,816 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £401,047 and a rental value of £1,609 per month.
Over the last 12 months the sale value of 7D Priors Terrace North Shields has decreased by an estimated £1,890 (0.4%) and its rental value has increased by an estimated £40 per month (2.3%), giving an expected gross yield of 4.8%.
7D, Priors Terrace, North Shields has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Mar 2020.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7D, Priors Terrace, North Shields was last sold on 31st January 2008 for £259,320 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since January 2008, the market for similar properties has dropped 6.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7D, Priors Terrace, North Shields within a radius of 730 metres over the last 2 years.
The most recent example is Flat G, 9, Priors Terrace, North Shields, NE30 4BE, a leasehold flat which sold for £259,950 on the 16th May 2022.
Read more about house prices in NE30.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Priors Terrace, North Shields, NE30 has a total of 58 addresses. According to our analysis of all the public data, 7D, Priors Terrace, North Shields is the 5th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £102k more expensive than the average property in NE30.
The closest station to 7D, Priors Terrace, North Shields is Northumberland Park (Tyne & Wear) station which is 6.4 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7D, 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 7D, 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 7D, 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 7D, 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 7D, 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.
