According to the public record, 12, Sheringham Avenue, North Shields is a early-century freehold house with 1,033 ft2 of internal area and sits on a 187 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Sheringham Avenue, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
12, Sheringham Avenue, North Shields has a single entry in the Land Registry database from July 2015 and a single entry in the EPC database dated May 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 12 Sheringham Avenue North Shields as £190,805 and the rental value as £1,187 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 12 Sheringham Avenue North Shields has increased by £2,625 (1.4%) and its rental value has increased by £100 per month (8.4%).
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 12, Sheringham Avenue, North Shields is in very good condition we estimate a sale value of £200,345 and rental value of £1,246 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,449 and a rental value of £1,104 per month.
If you were able to purchase this property for the estimated value of £190,805, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £938 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, 12, Sheringham Avenue, North Shields sits on a plot of 187m2.
We have plot size data on 5 out of 11 other houses in the postcode and 12, Sheringham Avenue, North Shields sits on the 5th largest plot.
According to HM Land Registry, 12, Sheringham Avenue, North Shields was last sold on 17 Jul 2015 for £127,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2015, the market for similar properties has risen 40.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Sheringham Avenue, North Shields within a radius of 590 metres over the last 2 years.
The most recent example is 131, Queen Alexandra Road West, North Shields, NE29 9AD, a Freehold house which sold for £240,000 in Dec 2023.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sheringham Avenue, North Shields, NE29 has a total of 37 addresses. According to our analysis of all the public data, 12, Sheringham Avenue, North Shields is the 9th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in NE29.
12, Sheringham Avenue, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 May 2015.
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 12, Sheringham Avenue, North Shields is Northumberland Park (Tyne & Wear) station which is 3.7 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, Sheringham Avenue, North Shields, 55.2% of property is privately owned outright and 35.3% 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 12, Sheringham Avenue, North Shields, 15.0% of residents are recorded as possessing school level qualifications and 27.3% 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, Sheringham Avenue, 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, Sheringham Avenue, North Shields, 0.6% 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, Sheringham Avenue, North Shields, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.