According to the public record, 113, Bedford Street, North Shields is a modern leasehold apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 113, Bedford Street, North Shields, NE29.
Bedford Street, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
113, Bedford Street, North Shields has 41 entries in the Land Registry database, most recently in December 2016 and a single entry in the EPC database dated October 2012.
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 113 Bedford Street North Shields as £82,720 and the rental value as £606 per month giving an expected gross yield of 8.8%.
Over the last 12 months the sale value of 113 Bedford Street North Shields has increased by £1,754 (2.1%) and its rental value has increased by £51 per month (8.3%).
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 113, Bedford Street, North Shields is in very good condition we estimate a sale value of £86,856 and rental value of £637 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £76,929 and a rental value of £564 per month.
If you were able to purchase this property for the estimated value of £82,720, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £407 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, 113, Bedford Street, North Shields was last sold on 09 Dec 2016 for £59,950 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Dec 2016, the market for similar properties has risen 18.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 113, Bedford Street, North Shields within a radius of 420 metres over the last 2 years.
The most recent example is 31A, Stanley Street, North Shields, NE29 6RH, a Leasehold flat which sold for £88,000 in Aug 2022.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bedford Street, North Shields, NE29 has a total of 36 addresses. According to our analysis of all the public data, 113, Bedford Street, North Shields is the 10th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in NE29.
113, Bedford Street, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Oct 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 113, Bedford Street, North Shields is Northumberland Park (Tyne & Wear) station which is 5.5 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 113, Bedford Street, North Shields, 32.4% of property is socially rented and 29.1% is privately rented.
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 113, Bedford Street, North Shields, 6.1% of residents are recorded as possessing school level qualifications and 30.0% 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 113, Bedford Street, 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 113, Bedford Street, North Shields, 0.9% 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 113, Bedford Street, North Shields, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.