Flat B, 1
Flat B, 1
Description & Estimates
Flat B, 1, Percy Gardens, North Shields is described in the public record as a period apartment with 753 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat B, 1, Percy Gardens, North Shields is £375,230 and its rental estimate is £1,611 per month, given the available information and assuming reasonable condition.
1, Percy Gardens is a residential building on Percy Gardens, North Shields, NE30 and falls within the NE30 postal district and the borough of North Tyneside.
Our Data Sources
Flat B, 1, Percy Gardens, North Shields has no records in the the Land Registry and a single entry in the EPC database dated May 2021.
We combine this information with public data 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
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 B, 1, Percy Gardens, North Shields, we estimate a market value of £393,992 and a rental value of £1,692 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £348,964 and £1,499 per month respectively.
Recent Market Change
Over the last year, Flat B, 1, Percy Gardens, North Shields has seen its estimated sale value drop by £4,614 (1.2%) and its estimated rental value rise by £26 per month (1.6%). This results in an estimated gross rental yield of 5.2%.
Energy Efficiency
Flat B, 1, Percy Gardens, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 May 2021.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat B, 1, Percy Gardens, North Shields have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th March 2024, was Flat D, 24, Percy Gardens, North Shields, NE30 4HQ, a leasehold flat which sold for £243,000.
Read more about house prices in NE30.
- Sold Mar 2024£243,000 | 2 Bed Flat24, Percy GardensFlat D, 24, Percy Gardens, North Shields, NE30 4HQ
- Sold May 2022£415,000 | 2 Bed Flat5, Percy GardensFlat B, 5, Percy Gardens, North Shields, NE30 4HG
- 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
Of the 149 addresses on Percy Gardens, North Shields, NE30, Flat B, 1, Percy Gardens, North Shields comes out as the 127th largest and the 84th most expensive in our analysis of the public data.
It is also £46k more expensive than the average property across the NE30 district.
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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
From Flat B, 1, Percy Gardens, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 6.4 kilometres away.
- 6.4kmNorthumberland Park (Tyne & Wear)
- 9.6kmSeaton Delaval
- 11.4kmNewsham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
