Flat 2, 31
Flat 2, 31
Description & Estimates
Public records show Flat 2, 31, Washington Terrace, North Shields to be a period leasehold apartment with 1,883 ft2 of internal area.
In this area, apartments of this size normally have 4 bedrooms with a garden.
Flat 2, 31, Washington Terrace, North Shields has an estimated sale value of £237,537 and an estimated rental value of £1,467 per month, assuming reasonable condition and based on the information available.
The apartment sits within 31, Washington Terrace, North Shields, NE30.
Washington Terrace, North Shields, NE30 lies in the borough of North Tyneside, within the NE30 postal district.
Our Data Sources
Flat 2, 31, Washington Terrace, North Shields has 2 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated September 2020.
We combine this information with that 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
In very good condition, we estimate Flat 2, 31, Washington Terrace, North Shields would be worth £249,414, with a potential rental value of £1,540 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £220,909, with a rental value of £1,364 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 2, 31, Washington Terrace, North Shields has grown by £2,636 (1.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £52 (3.5%). The property's estimated gross yield is currently 7.4%.
Energy Efficiency
Flat 2, 31, Washington Terrace, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Sep 2020.
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 2, 31, Washington Terrace, North Shields last changed hands on 29th January 2021, selling for £250,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 90.4% since January 2021.
- Sold Jan 2021£250,000
- Sold Dec 2017£199,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 510 metres of Flat 2, 31, Washington Terrace, North Shields across the last 2 years.
Most recently, 1, Park Crescent, North Shields, NE30 2HR, a leasehold flat, sold at £242,500 on the 15th July 2024.
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 2, 31, Washington Terrace, North Shields as the 15th largest and the 36th most expensive of the 92 addresses on Washington Terrace, North Shields, NE30.
Against the NE30 postcode district average, it is £92k less expensive than the typical property.
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Schools Nearby
- 400mKing Edward Primary School
- 700mChrist Church CofE Primary School
- 1.1kmSpring Gardens Primary School
- 1.1kmJohn Spence Community High School
- 1.3kmMarden High School
- 2.4kmMonkseaton High School
More reading links
Public Transport Nearby
Northumberland Park (Tyne & Wear) station is the nearest stop to Flat 2, 31, Washington Terrace, North Shields at 5.5 kilometres away.
- 5.5kmNorthumberland Park (Tyne & Wear)
- 9.2kmSeaton Delaval
- 10.3kmHeworth
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
