According to the public record, 1, Frank Place, North Shields is a period freehold house with 1,808 ft2 of internal area and sits on a 150 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Frank Place, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
1, Frank Place, North Shields has a single entry in the Land Registry database from July 2016 and a single entry in the EPC database dated November 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Frank Place North Shields as £278,659 and the rental value as £1,645 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 1 Frank Place North Shields has increased by £177 (0.1%) and its rental value has increased by £111 per month (6.7%).
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 1, Frank Place, North Shields is in very good condition we estimate a sale value of £292,592 and rental value of £1,728 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,153 and a rental value of £1,530 per month.
If you were able to purchase this property for the estimated value of £278,659, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,370 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Frank Place, North Shields sits on a plot of 150m2.
We have plot size data on 17 out of 21 other houses in the postcode and 1, Frank Place, North Shields sits on the 14th largest plot.
According to HM Land Registry, 1, Frank Place, North Shields was last sold on 01 Jul 2016 for £195,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2016, the market for similar properties has risen 33.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Frank Place, North Shields within a radius of 430 metres over the last 2 years.
The most recent example is 25, Waterloo Place, North Shields, NE29 0NA, a Freehold house which sold for £361,500 in Aug 2022.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Frank Place, North Shields, NE29 has a total of 23 addresses. According to our analysis of all the public data, 1, Frank Place, North Shields is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in NE29.
1, Frank Place, North Shields has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Nov 2015.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Frank Place, North Shields is Northumberland Park (Tyne & Wear) station which is 5.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Frank Place, North Shields, 39.1% of property is privately owned with a mortgage and 29.6% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Frank Place, North Shields, 21.4% of residents are recorded as possessing school level qualifications and 54.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Frank Place, North Shields, the average age was 44 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Frank Place, North Shields, 0.7% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Frank Place, North Shields, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.