Flat 2, 71
Flat 2, 71
Description & Estimates
Flat 2, 71, Percy Park Road, North Shields is described in the public record as a period apartment with 850 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 71, Percy Park Road, North Shields is £224,718 and its rental estimate is £1,173 per month, given the available information and assuming reasonable condition.
71, Percy Park Road is a residential building on Percy Park Road, North Shields, NE30 and falls within the NE30 postal district and the borough of North Tyneside.
Our Data Sources
Flat 2, 71, Percy Park Road, North Shields has no records in the the Land Registry and a single entry in the EPC database dated June 2022.
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, 71, Percy Park Road, North Shields, we estimate a market value of £235,954 and a rental value of £1,231 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £208,988 and £1,090 per month respectively.
Recent Market Change
Over the last year, Flat 2, 71, Percy Park Road, North Shields has seen its estimated sale value drop by £2,763 (1.2%) and its estimated rental value rise by £19 per month (1.6%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 2, 71, Percy Park Road, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jun 2022.
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 2, 71, Percy Park Road, North Shields have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th August 2024, was 31A, Hotspur Street, North Shields, NE30 4EN, a leasehold flat which sold for £213,000.
Read more about house prices in NE30.
- Sold Aug 2024£213,000 | 2 Bed Flat31A, Hotspur Street, North Shields, NE30 4EN31A, Hotspur Street, North Shields, NE30 4EN
- Sold Nov 2023£210,000 | 2 Bed FlatFlat B, 2, Argyle Street, North Shields, NE30 4EXFlat B, 2, Argyle Street, North Shields, NE30 4EX
- Sold Mar 2023£205,000 | 2 Bed Flat33, Hotspur Street, North Shields, NE30 4EN33, Hotspur Street, North Shields, NE30 4EN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 63 addresses on Percy Park Road, North Shields, NE30, Flat 2, 71, Percy Park Road, North Shields comes out as the 43rd largest and the 43rd most expensive in our analysis of the public data.
It is also £105k less expensive than the average property across the NE30 district.
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Schools Nearby
- 1.3kmMonkhouse Primary School
- 1.4kmKing Edward Primary School
- 1.4kmCullercoats Primary School
- 1.2kmMarden High School
- 1.7kmJohn Spence Community High School
- 2.7kmMonkseaton High School
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Public Transport Nearby
From Flat 2, 71, Percy Park Road, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 6.2 kilometres away.
- 6.2kmNorthumberland Park (Tyne & Wear)
- 9.3kmSeaton Delaval
- 11.0kmNewsham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
