Flat 6, 49
Flat 6, 49
Description & Estimates
Flat 6, 49, Percy Park Road, North Shields is recorded publicly as a period leasehold apartment across 570 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 6, 49, Percy Park Road, North Shields is £209,438 and its rental estimate is £1,069 per month, given the available information and assuming reasonable condition.
49, 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 6, 49, Percy Park Road, North Shields has 31 entries in the Land Registry , most recently in August 2011 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 6, 49, Percy Park Road, North Shields, we estimate a market value of £219,910 and a rental value of £1,122 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £194,777 and £994 per month respectively.
Recent Market Change
Over the last year, Flat 6, 49, Percy Park Road, North Shields has seen its estimated sale value decrease by £2,575 (1.2%) and its estimated rental value grow by £17 per month (1.6%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
Flat 6, 49, Percy Park Road, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jun 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
The most recent sale of Flat 6, 49, Percy Park Road, North Shields completed on 8th August 2011 at £100,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 16.4% over the period since August 2011.
- Sold Aug 2011£100,000
- Sold Aug 2002£124,000
- Sold Apr 2000£53,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 6, 49, Percy Park Road, North Shields have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd March 2023, was Flat 2, 3, Warkworth Terrace, North Shields, NE30 4ES, a leasehold flat which sold for £165,000.
Read more about house prices in NE30.
- Sold Mar 2023£165,000 | 2 Bed Flat3, Warkworth TerraceFlat 2, 3, Warkworth Terrace, North Shields, NE30 4ES
- Sold Dec 2020£166,000 | 2 Bed Flat49, Percy Park RoadFlat 3, 49, Percy Park Road, North Shields, NE30 4LL
- Sold Dec 2018£125,500 | 2 Bed Flat42, Percy ParkFlat 3, 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 63 addresses on Percy Park Road, North Shields, NE30, Flat 6, 49, Percy Park Road, North Shields comes out as the 54th largest and the 50th most expensive in our analysis of the public data.
It is also £120k less expensive than the average property across the NE30 district.
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Schools Nearby
- 1.3kmKing Edward Primary School
- 1.4kmMonkhouse Primary School
- 1.5kmCullercoats Primary School
- 1.3kmMarden High School
- 1.7kmJohn Spence Community High School
- 2.8kmMonkseaton High School
More reading links
Public Transport Nearby
From Flat 6, 49, Percy Park Road, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 6.2 kilometres away.
- 6.2kmNorthumberland Park (Tyne & Wear)
- 9.4kmSeaton Delaval
- 11.2kmNewsham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
