12, Netherton Grove, North Shields has a single entry in the Land Registry database from April 2007 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 12, Netherton Grove, North Shields is in very good condition we estimate a sale value of £44,493 and rental value of £361 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £39,408 and a rental value of £320 per month.
If you were able to purchase this property for the estimated value of £42,374, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £208 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, 12, Netherton Grove, North Shields was last sold on 02 Apr 2007 for £40,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2007, the market for similar properties has risen 11.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 580 metres radius of 12, Netherton Grove, North Shields over the last 2 years.
The most recent example is 33, Morwick Road, North Shields, NE29 8JF, a Freehold house which sold for £124,950 in Apr 2019.
Read more about house prices in NE29.
Netherton Grove, North Shields, NE29 has a total of 12 addresses. According to our analysis of all the public data, 12, Netherton Grove, North Shields is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in NE29.
12, Netherton Grove, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 12, Netherton Grove, North Shields is a mid-century leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Netherton Grove, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 12 Netherton Grove North Shields as £42,374 and the rental value as £344 per month giving an expected gross yield of 9.7%.
Over the last 12 months the sale value of 12 Netherton Grove North Shields has increased by £581 (1.4%) and its rental value has increased by £29 per month (8.4%).
The closest station to 12, Netherton Grove, North Shields is Northumberland Park (Tyne & Wear) station which is 3.5 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 12, Netherton Grove, North Shields, 52.2% of property is socially rented and 19.4% 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 12, Netherton Grove, North Shields, 12.4% of residents are recorded as possessing school level qualifications and 18.7% 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 12, Netherton Grove, North Shields, the average age was 45.2 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 12, Netherton Grove, 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 12, Netherton Grove, 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.