According to the public record, 14, Stormont Street, North Shields is a period apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Stormont Street, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
14, Stormont Street, North Shields has no records in the Land Registry database and a single entry in the EPC database dated February 2019.
We combine this information with public data 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 14 Stormont Street North Shields as £60,804 and the rental value as £494 per month giving an expected gross yield of 9.7%.
Over the last 12 months the sale value of 14 Stormont Street North Shields has increased by £1,240 (2.0%) and its rental value has increased by £40 per month (8.1%).
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 14, Stormont Street, North Shields is in very good condition we estimate a sale value of £63,844 and rental value of £519 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £56,548 and a rental value of £459 per month.
If you were able to purchase this property for the estimated value of £60,804, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £299 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Stormont Street, North Shields within a radius of 410 metres over the last 2 years.
The most recent example is 2, Victoria Crescent, North Shields, NE29 0EX, a Leasehold flat which sold for £60,000 in Jul 2008.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stormont Street, North Shields, NE29 has a total of 41 addresses. According to our analysis of all the public data, 14, Stormont Street, North Shields is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in NE29.
14, Stormont Street, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Feb 2019.
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 14, Stormont Street, North Shields is Northumberland Park (Tyne & Wear) station which is 5.2 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 14, Stormont Street, North Shields, 58.2% of property is privately rented and 25.9% 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 14, Stormont Street, North Shields, 17.1% of residents are recorded as possessing school level qualifications and 30.6% 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 14, Stormont 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 14, Stormont Street, 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 14, Stormont 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.