Flat 1, 3
Flat 1, 3
Description & Estimates
The public record describes Flat 1, 3, Colbeck Terrace, North Shields as a period apartment with 1,205 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
Flat 1, 3, Colbeck Terrace, North Shields has an estimated sale value of £385,586 and an estimated rental value of £1,512 per month, assuming reasonable condition and based on the information available.
The apartment sits within 3, Colbeck Terrace, North Shields, NE30.
Colbeck Terrace, North Shields, NE30 lies in the borough of North Tyneside, within the NE30 postal district.
Our Data Sources
Flat 1, 3, Colbeck Terrace, North Shields has no records in the the Land Registry and a single entry in the EPC database dated January 2023.
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.
Price Range & Condition
In very good condition, we estimate Flat 1, 3, Colbeck Terrace, North Shields would be worth £404,865, with a potential rental value of £1,588 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £358,595, with a rental value of £1,406 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, 3, Colbeck Terrace, North Shields has dropped by £2,005 (0.5%) over the last year. During the same period, its estimated monthly rental value has risen by £45 (3.0%). The property's estimated gross yield is currently 4.7%.
Energy Efficiency
Flat 1, 3, Colbeck Terrace, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jan 2023.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 560 metres of Flat 1, 3, Colbeck Terrace, North Shields across the last 2 years.
Most recently, 6B, Tynemouth Place, North Shields, NE30 4BJ, a leasehold flat, sold at £420,000 on the 30th January 2025.
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
Our analysis of the public data ranks Flat 1, 3, Colbeck Terrace, North Shields as the 6th largest and the 6th most expensive of the 19 addresses on Colbeck Terrace, North Shields, NE30.
Against the NE30 postcode district average, it is £56k more expensive than the typical property.
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Schools Nearby
- 1.2kmKing Edward Primary School
- 1.5kmChrist Church CofE Primary School
- 1.6kmHadrian Primary School
- 1.5kmMarden High School
- 1.8kmJohn Spence Community High School
- 2.9kmMonkseaton High School
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Public Transport Nearby
Northumberland Park (Tyne & Wear) station is the nearest stop to Flat 1, 3, Colbeck Terrace, North Shields at 6.3 kilometres away.
- 6.3kmNorthumberland Park (Tyne & Wear)
- 9.6kmSeaton Delaval
- 11.1kmHeworth
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
