Flat 1, 42
Flat 1, 42
Description & Estimates
Public records show Flat 1, 42, Alma Place, North Shields to be a period leasehold apartment with 710 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
Flat 1, 42, Alma Place, North Shields has an estimated sale value of £172,214 and an estimated rental value of £898 per month, assuming reasonable condition and based on the information available.
The apartment sits within 42, Alma Place, North Shields, NE29.
Alma Place, North Shields, NE29 lies in the borough of North Tyneside, within the NE29 postal district.
Our Data Sources
Flat 1, 42, Alma Place, North Shields has 41 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated November 2023.
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
In very good condition, we estimate Flat 1, 42, Alma Place, North Shields would be worth £180,825, with a potential rental value of £943 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £160,159, with a rental value of £835 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, 42, Alma Place, North Shields has climbed by £1,674 (1.0%) over the last year. During the same period, its estimated monthly rental value has risen by £23 (2.6%). The property's estimated gross yield is currently 6.3%.
Energy Efficiency
Flat 1, 42, Alma Place, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Nov 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 1, 42, Alma Place, North Shields last changed hands on 8th October 2024, selling for £165,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 39.7% since October 2024.
- Sold Oct 2024£165,000
- Sold Mar 2017£125,000
- Sold Mar 2011£107,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 410 metres of Flat 1, 42, Alma Place, North Shields across the last 2 years.
Most recently, 22, Waterloo Place, North Shields, NE29 0NA, a leasehold flat, sold at £148,000 on the 9th February 2026.
Read more about house prices in NE29.
•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, 42, Alma Place, North Shields as the 67th largest and the 64th most expensive of the 77 addresses on Alma Place, North Shields, NE29.
Against the NE29 postcode district average, it is £14k less expensive than the typical property.
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Schools Nearby
- 200mSpring Gardens Primary School
- 300mChrist Church CofE Primary School
- 500mSt Cuthbert's Catholic Primary School, North Shields
- 1.2kmJohn Spence Community High School
- 1.6kmNorham High School
- 1.8kmSt Thomas More Catholic High School
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Public Transport Nearby
Northumberland Park (Tyne & Wear) station is the nearest stop to Flat 1, 42, Alma Place, North Shields at 5.0 kilometres away.
- 5.0kmNorthumberland Park (Tyne & Wear)
- 9.0kmSeaton Delaval
- 9.5kmHeworth
Available Internet Speeds
Ofcom's latest figures show standard broadband available in this area.
According to recent data from Ofcom, Standard broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
