Flat 3, 3
Flat 3, 3
Description & Estimates
According to the public record, Flat 3, 3, Warkworth Terrace, North Shields is a period leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, 3, Warkworth Terrace, North Shields is £236,655 and the estimated rental value is £1,166 per month.
The apartment is within 3, Warkworth Terrace, North Shields, NE30.
Warkworth Terrace, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
Our Data Sources
Flat 3, 3, Warkworth Terrace, North Shields has 2 entries in the Land Registry , most recently in September 2018 and a single entry in the EPC database dated August 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 3, 3, Warkworth Terrace, North Shields is in very good condition we estimate a sale value of £248,487 and a rental value of £1,224 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,089 and a rental value of £1,084 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, 3, Warkworth Terrace, North Shields has decreased by £2,910 (1.2%), while its estimated rental value has grown by £19 per month (1.6%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Energy Efficiency
Flat 3, 3, Warkworth Terrace, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Aug 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 3, 3, Warkworth Terrace, North Shields was last sold on 21st September 2018 for £260,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2018, the market for similar properties has dropped by 27.0%.
- Sold Sep 2018£260,000
- Sold Apr 2017£235,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 3, Warkworth Terrace, North Shields within a radius of 700 metres over the last 2 years.
The most recent example is 31A, Hotspur Street, North Shields, NE30 4EN, a leasehold flat which sold for £213,000 on the 5th August 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
Warkworth Terrace, North Shields, NE30 has a total of 18 addresses. According to our analysis of all the public data, Flat 3, 3, Warkworth Terrace, North Shields is the 13th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in NE30.
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Schools Nearby
- 1.3kmMonkhouse Primary School
- 1.4kmCullercoats Primary School
- 1.4kmKing Edward Primary School
- 1.2kmMarden High School
- 1.7kmJohn Spence Community High School
- 2.7kmMonkseaton High School
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Public Transport Nearby
The closest station to Flat 3, 3, Warkworth Terrace, North Shields is Northumberland Park (Tyne & Wear) station, which is 6.2 kilometres away.
- 6.2kmNorthumberland Park (Tyne & Wear)
- 9.3kmSeaton Delaval
- 11.0kmNewsham
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
