Flat 2, 12
Flat 2, 12
Description & Estimates
Flat 2, 12, Newcastle Street, North Shields is described in the public record as a period apartment with 355 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of Flat 2, 12, Newcastle Street, North Shields is £109,197 and its rental estimate is £645 per month, given the available information and assuming reasonable condition.
12, Newcastle Street is a residential building on Newcastle Street, North Shields, NE29 and falls within the NE29 postal district and the borough of North Tyneside.
Our Data Sources
Flat 2, 12, Newcastle Street, North Shields has no records in the the Land Registry and a single entry in the EPC database dated August 2021.
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
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 2, 12, Newcastle Street, North Shields, we estimate a market value of £114,657 and a rental value of £677 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £101,553 and £600 per month respectively.
Recent Market Change
Over the last year, Flat 2, 12, Newcastle Street, North Shields has seen its estimated sale value climb by £778 (0.7%) and its estimated rental value rise by £17 per month (2.6%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
Flat 2, 12, Newcastle Street, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Aug 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 2, 12, Newcastle Street, North Shields has sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th November 2024, was Flat 3, 12, Newcastle Street, North Shields, NE29 0DE, a leasehold flat which sold for £132,000.
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
Of the 37 addresses on Newcastle Street, North Shields, NE29, Flat 2, 12, Newcastle Street, North Shields comes out as the 36th largest and the 33rd most expensive in our analysis of the public data.
It is also £77k less expensive than the average property across the NE29 district.
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Schools Nearby
- 200mSt Cuthbert's Catholic Primary School, North Shields
- 300mSpring Gardens Primary School
- 500mChrist Church CofE Primary School
- 1.3kmNorham High School
- 1.5kmJohn Spence Community High School
- 1.8kmSt Thomas More Catholic High School
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Public Transport Nearby
From Flat 2, 12, Newcastle Street, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 5.1 kilometres away.
- 5.1kmNorthumberland Park (Tyne & Wear)
- 9.1kmHeworth
- 9.2kmSeaton Delaval
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
