Flat B, 32
Flat B, 32
Description & Estimates
Flat B, 32, Percy Gardens, North Shields appears in the public record as a leasehold apartment.
We estimate it to be a period apartment with 914 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat B, 32, Percy Gardens, North Shields is £381,170 and its rental estimate is £1,588 per month, given the available information and assuming reasonable condition.
32, 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, 32, Percy Gardens, North Shields has a single entry in the Land Registry from January 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 B, 32, Percy Gardens, North Shields, we estimate a market value of £400,228 and a rental value of £1,667 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £354,488 and £1,476 per month respectively.
Recent Market Change
Over the last year, Flat B, 32, Percy Gardens, North Shields has seen its estimated sale value fall by £4,877 (1.3%) and its estimated rental value move up by £32 per month (2.0%). This results in an estimated gross rental yield of 5.0%.
Sold Prices
The most recent sale of Flat B, 32, Percy Gardens, North Shields completed on 3rd January 2008 at £239,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 5.2% over the period since January 2008.
- Sold Jan 2008£239,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat B, 32, Percy Gardens, North Shields have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th September 2022, was Flat A, 5, Percy Gardens, North Shields, NE30 4HG, a leasehold flat which sold for £215,000.
Read more about house prices in NE30.
- Sold Sep 2022£215,000 | 3 Bed Flat5, Percy GardensFlat A, 5, Percy Gardens, North Shields, NE30 4HG
- 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
•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, 32, Percy Gardens, North Shields comes out as the 102nd largest and the 81st most expensive in our analysis of the public data.
It is also £51k more expensive than the average property across the NE30 district.
More reading links
Schools Nearby
- 1.5kmKing Edward Primary School
- 1.5kmMonkhouse Primary School
- 1.5kmCullercoats Primary School
- 1.4kmMarden High School
- 1.8kmJohn Spence Community High School
- 2.9kmMonkseaton High School
More reading links
Public Transport Nearby
From Flat B, 32, Percy Gardens, North Shields, the nearest station is Northumberland Park (Tyne & Wear), 6.3 kilometres away.
- 6.3kmNorthumberland Park (Tyne & Wear)
- 9.5kmSeaton Delaval
- 11.2kmNewsham
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.
