According to the public record, 20, Military Road, North Shields is a period leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Military Road, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
20, Military Road, North Shields has 31 entries in the Land Registry database, most recently in July 2018 and a single entry in the EPC database dated March 2009.
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 20 Military Road North Shields as £134,349 and the rental value as £938 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of 20 Military Road North Shields has increased by £2,203 (1.6%) and its rental value has increased by £85 per month (9.1%).
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 20, Military Road, North Shields is in very good condition we estimate a sale value of £141,067 and rental value of £984 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,945 and a rental value of £872 per month.
If you were able to purchase this property for the estimated value of £134,349, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £660 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, 20, Military Road, North Shields was last sold on 31 Jul 2018 for £127,250 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2018, the market for similar properties has risen 25.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Military Road, North Shields within a radius of 400 metres over the last 2 years.
The most recent example is 24, Military Road, North Shields, NE30 2AB, a Leasehold flat which sold for £109,000 in Aug 2022.
Read more about house prices in NE30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Military Road, North Shields, NE30 has a total of 45 addresses. According to our analysis of all the public data, 20, Military Road, North Shields is the 25th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in NE30.
20, Military Road, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Mar 2009.
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 20, Military Road, North Shields is Northumberland Park (Tyne & Wear) station which is 5.3 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 20, Military Road, North Shields, 41.6% of property is privately rented and 24.7% is socially 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 20, Military Road, North Shields, 8.4% of residents are recorded as possessing school level qualifications and 38.1% 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 20, Military Road, 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 20, Military Road, 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 20, Military Road, North Shields, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.