According to the public record, 11, Renaissance Point, North Shields is a modern leasehold apartment and with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Renaissance Point, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
11, Renaissance Point, North Shields has 31 entries in the Land Registry database, most recently in February 2024 and no records in the EPC database.
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 11 Renaissance Point North Shields as £186,466 and the rental value as £1,111 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 11 Renaissance Point North Shields has increased by £2,146 (1.2%) and its rental value has increased by £104 per month (9.4%).
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 11, Renaissance Point, North Shields is in very good condition we estimate a sale value of £195,789 and rental value of £1,166 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £173,413 and a rental value of £1,033 per month.
If you were able to purchase this property for the estimated value of £186,466, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £916 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 HM Land Registry, 11, Renaissance Point, North Shields was last sold on 05 Feb 2024 for £181,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2024, the market for similar properties has risen 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Renaissance Point, North Shields within a radius of 55m over the last 2 years.
The most recent example is 9, Renaissance Point, North Shields, NE30 1LA, a Leasehold flat which sold for £210,000 in Mar 2024.
Read more about house prices in NE30.
Renaissance Point, North Shields, NE30 has a total of 51 addresses. According to our analysis of all the public data, 11, Renaissance Point, North Shields is the 40th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in NE30.
11, Renaissance Point, North Shields has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 11, Renaissance Point, North Shields is Northumberland Park (Tyne & Wear) station which is 5.9 km 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 11, Renaissance Point, North Shields, 34.8% of property is privately owned outright and 28.0% is privately owned with a mortgage.
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 11, Renaissance Point, North Shields, 10.9% of residents are recorded as possessing school level qualifications and 47.7% 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 11, Renaissance Point, North Shields, the average age was 45.8 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 11, Renaissance Point, North Shields, 1.1% 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 11, Renaissance Point, North Shields, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.