Flat A, 5
Flat A, 5
Description & Estimates
According to the public record, Flat A, 5, Percy Gardens, North Shields is a period leasehold apartment with 871 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat A, 5, Percy Gardens, North Shields is £412,755 and the estimated rental value is £1,749 per month.
The apartment is within 5, Percy Gardens, North Shields, NE30.
Percy Gardens, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
Our Data Sources
Flat A, 5, Percy Gardens, North Shields has 21 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated January 2022.
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 A, 5, Percy Gardens, North Shields is in very good condition we estimate a sale value of £433,393 and a rental value of £1,836 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £383,862 and a rental value of £1,626 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat A, 5, Percy Gardens, North Shields has moved down by £5,281 (1.3%), while its estimated rental value has increased by £35 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Energy Efficiency
Flat A, 5, Percy Gardens, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jan 2022.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat A, 5, Percy Gardens, North Shields was last sold on 16th September 2022 for £215,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2022, the market for similar properties has dropped by 27.0%.
- Sold Sep 2022£215,000
- Sold May 2005£175,000
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 A, 5, Percy Gardens, North Shields within a radius of 690 metres over the last 2 years.
The most recent example is Flat B, 5, Percy Gardens, North Shields, NE30 4HG, a leasehold flat which sold for £415,000 on the 27th May 2022.
Read more about house prices in NE30.
- Sold May 2022£415,000 | 2 Bed Flat5, Percy GardensFlat B, 5, Percy Gardens, North Shields, NE30 4HG
- Sold Sep 2020£312,000 | 3 Bed Flat22, Percy GardensFlat C, 22, Percy Gardens, North Shields, NE30 4HQ
- Sold Oct 2019£225,000 | 2 Bed Flat1, Percy GardensFlat A, 1, Percy Gardens, North Shields, NE30 4HG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Percy Gardens, North Shields, NE30 has a total of 149 addresses. According to our analysis of all the public data, Flat A, 5, Percy Gardens, North Shields is the 109th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £83k more expensive than the average property in NE30.
More reading links
Schools Nearby
- 1.5kmKing Edward Primary School
- 1.6kmMonkhouse Primary School
- 1.7kmCullercoats Primary School
- 1.5kmMarden High School
- 1.9kmJohn Spence Community High School
- 3.0kmMonkseaton High School
More reading links
Public Transport Nearby
The closest station to Flat A, 5, Percy Gardens, North Shields is Northumberland Park (Tyne & Wear) station, which is 6.4 kilometres away.
- 6.4kmNorthumberland Park (Tyne & Wear)
- 9.6kmSeaton Delaval
- 11.4kmNewsham
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
