Flat C, 7
Flat C, 7
Description & Estimates
Public records show Flat C, 7, Front Street, North Shields to be a period leasehold apartment with 1,937 ft2 of internal area.
In this area, apartments of this size normally have 4 bedrooms with a garden.
Flat C, 7, Front Street, North Shields has an estimated sale value of £426,688 and an estimated rental value of £1,766 per month, assuming reasonable condition and based on the information available.
The apartment sits within 7, Front Street, Tynemouth, North Shields, NE30.
Front Street, Tynemouth, North Shields, NE30 lies in the borough of North Tyneside, within the NE30 postal district.
Our Data Sources
Flat C, 7, Front Street, North Shields has a single entry in the Land Registry from October 2023 and a single entry in the EPC database dated July 2022.
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
In very good condition, we estimate Flat C, 7, Front Street, North Shields would be worth £448,022, with a potential rental value of £1,855 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £396,820, with a rental value of £1,643 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat C, 7, Front Street, North Shields has climbed by £4,734 (1.1%) over the last year. During the same period, its estimated monthly rental value has risen by £62 (3.5%). The property's estimated gross yield is currently 5.0%.
Energy Efficiency
Flat C, 7, Front Street, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jul 2022.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat C, 7, Front Street, North Shields last changed hands on 11th October 2023, selling for £420,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 22.3% since October 2023.
- Sold Oct 2023£420,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 500 metres of Flat C, 7, Front Street, North Shields across the last 2 years.
Most recently, 35, Percy Park, North Shields, NE30 4JX, a leasehold flat, sold at £650,000 on the 4th August 2022.
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
Our analysis of the public data ranks Flat C, 7, Front Street, North Shields as the 10th largest and the 15th most expensive of the 127 addresses on Front Street, Tynemouth, North Shields, NE30.
Against the NE30 postcode district average, it is £97k more expensive than the typical property.
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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
More reading links
Public Transport Nearby
Northumberland Park (Tyne & Wear) station is the nearest stop to Flat C, 7, Front Street, North Shields at 6.2 kilometres away.
- 6.2kmNorthumberland Park (Tyne & Wear)
- 9.5kmSeaton Delaval
- 11.1kmHeworth
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
