Flat A, 8
Flat A, 8
Description & Estimates
Flat A, 8, Front Street, North Shields is recorded publicly as a period leasehold apartment across 1,776 ft2 of internal area.
Locally, apartments of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Flat A, 8, Front Street, North Shields is £419,321 and its rental estimate is £1,736 per month, given the available information and assuming reasonable condition.
8, Front Street is a residential building on Front Street, Tynemouth, North Shields, NE30 and falls within the NE30 postal district and the borough of North Tyneside.
Our Data Sources
Flat A, 8, Front Street, North Shields has 31 entries in the Land Registry , most recently in March 2012 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 A, 8, Front Street, North Shields, we estimate a market value of £440,287 and a rental value of £1,823 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £389,969 and £1,614 per month respectively.
Recent Market Change
Over the last year, Flat A, 8, Front Street, North Shields has seen its estimated sale value climb by £4,653 (1.1%) and its estimated rental value rise by £61 per month (3.5%). This results in an estimated gross rental yield of 5.0%.
Energy Efficiency
Flat A, 8, Front Street, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jun 2020.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat A, 8, Front Street, North Shields completed on 2nd March 2012 at £275,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 16.3% over the period since March 2012.
- Sold Mar 2012£275,000
- Sold Aug 2003£242,500
- Sold Mar 2001£52,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat A, 8, Front Street, North Shields have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th October 2023, was Flat C, 7, Front Street, North Shields, NE30 4RG, a leasehold flat which sold for £420,500.
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
Of the 127 addresses on Front Street, Tynemouth, North Shields, NE30, Flat A, 8, Front Street, North Shields comes out as the 18th largest and the 18th most expensive in our analysis of the public data.
It is also £90k more expensive than the average property across the NE30 district.
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Schools Nearby
- 1.2kmKing Edward Primary School
- 1.5kmMonkhouse Primary School
- 1.5kmChrist Church CofE Primary School
- 1.4kmMarden High School
- 1.7kmJohn Spence Community High School
- 2.8kmMonkseaton High School
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Public Transport Nearby
From Flat A, 8, Front Street, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 6.2 kilometres away.
- 6.2kmNorthumberland Park (Tyne & Wear)
- 9.5kmSeaton Delaval
- 11.1kmHeworth
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
