According to the public record, 11, Thorncliffe Place, North Shields is a mid-century leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Thorncliffe Place, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
11, Thorncliffe Place, North Shields has 21 entries in the Land Registry database, most recently in December 2009 and a single entry in the EPC database dated December 2020.
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 Thorncliffe Place North Shields as £86,804 and the rental value as £662 per month giving an expected gross yield of 9.2%.
Over the last 12 months the sale value of 11 Thorncliffe Place North Shields has increased by £1,621 (1.9%) and its rental value has increased by £53 per month (8.0%).
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, Thorncliffe Place, North Shields is in very good condition we estimate a sale value of £91,144 and rental value of £695 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,727 and a rental value of £616 per month.
If you were able to purchase this property for the estimated value of £86,804, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £427 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, Thorncliffe Place, North Shields was last sold on 11 Dec 2009 for £65,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2009, the market for similar properties has risen 25.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Thorncliffe Place, North Shields within a radius of 430 metres over the last 2 years.
The most recent example is 4, Thorncliffe Place, North Shields, NE29 0SE, a Leasehold flat which sold for £91,000 in Apr 2024.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thorncliffe Place, North Shields, NE29 has a total of 16 addresses. According to our analysis of all the public data, 11, Thorncliffe Place, North Shields is the 3rd largest and the 13th most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in NE29.
11, Thorncliffe Place, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Dec 2020.
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, Thorncliffe Place, North Shields is Northumberland Park (Tyne & Wear) station which is 4.6 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 11, Thorncliffe Place, North Shields, 54.6% of property is privately rented and 18.5% 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, Thorncliffe Place, North Shields, 14.3% of residents are recorded as possessing school level qualifications and 17.4% 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, Thorncliffe Place, North Shields, the average age was 36.9 and the most common age was 12.
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, Thorncliffe Place, North Shields, 0.0% 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, Thorncliffe Place, North Shields, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.