Flat 1, 43
Flat 1, 43
Description & Estimates
Flat 1, 43, Percy Park, North Shields is described in the public record as a period apartment with 710 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 43, Percy Park, North Shields is £264,263 and its rental estimate is £1,153 per month, given the available information and assuming reasonable condition.
43, Percy Park is a residential building on Percy Park, North Shields, NE30 and falls within the NE30 postal district and the borough of North Tyneside.
Our Data Sources
Flat 1, 43, Percy Park, North Shields has no records in the the Land Registry and a single entry in the EPC database dated March 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Flat 1, 43, Percy Park, North Shields, we estimate a market value of £277,476 and a rental value of £1,211 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £245,765 and £1,073 per month respectively.
Recent Market Change
Over the last year, Flat 1, 43, Percy Park, North Shields has seen its estimated sale value move down by £1,400 (0.5%) and its estimated rental value increase by £33 per month (2.8%). This results in an estimated gross rental yield of 5.2%.
Energy Efficiency
Flat 1, 43, Percy Park, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 43, Percy Park, North Shields have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st September 2023, was Flat 4, 49, Percy Park Road, North Shields, NE30 4LL, a leasehold flat which sold for £252,000.
Read more about house prices in NE30.
- Sold Sep 2023£252,000 | 2 Bed Flat49, Percy Park RoadFlat 4, 49, Percy Park Road, North Shields, NE30 4LL
- Sold Aug 2022£280,000 | 2 Bed Flat35A, Percy ParkFlat A, 35A, Percy Park, North Shields, NE30 4JX
- Sold Aug 2021£190,000 | 2 Bed Flat42, Percy ParkFlat 2, 42, Percy Park, North Shields, NE30 4JX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 110 addresses on Percy Park, North Shields, NE30, Flat 1, 43, Percy Park, North Shields comes out as the 85th largest and the 70th most expensive in our analysis of the public data.
It is also £65k less expensive than the average property across the NE30 district.
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Schools Nearby
- 1.2kmMonkhouse Primary School
- 1.3kmKing Edward Primary School
- 1.3kmCullercoats Primary School
- 1.1kmMarden High School
- 1.6kmJohn Spence Community High School
- 2.6kmMonkseaton High School
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Public Transport Nearby
From Flat 1, 43, Percy Park, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 6.0 kilometres away.
- 6.0kmNorthumberland Park (Tyne & Wear)
- 9.2kmSeaton Delaval
- 11.0kmNewsham
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.
