According to the public record, 21, Lannerwood, North Shields is a mid-century apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Lannerwood, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
21, Lannerwood, North Shields has no records in the Land Registry database and a single entry in the EPC database dated January 2014.
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 21 Lannerwood North Shields as £49,445 and the rental value as £390 per month giving an expected gross yield of 9.5%.
Over the last 12 months the sale value of 21 Lannerwood North Shields has increased by £985 (2.0%) and its rental value has increased by £31 per month (7.9%).
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 21, Lannerwood, North Shields is in very good condition we estimate a sale value of £51,917 and rental value of £410 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £45,984 and a rental value of £363 per month.
If you were able to purchase this property for the estimated value of £49,445, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £243 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 1 sale of a property similar to 21, Lannerwood, North Shields within a radius of 410 metres over the last 2 years.
The most recent example is 34A, Borough Road, North Shields, NE29 6RQ, a Leasehold flat which sold for £35,000 in Mar 2011.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lannerwood, North Shields, NE29 has a total of 31 addresses. According to our analysis of all the public data, 21, Lannerwood, North Shields is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in NE29.
21, Lannerwood, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jan 2014.
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 21, Lannerwood, 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 21, Lannerwood, North Shields, 59.3% of property is socially rented and 14.1% 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 21, Lannerwood, North Shields, 14.1% of residents are recorded as possessing school level qualifications and 23.0% 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 21, Lannerwood, North Shields, the average age was 41 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 21, Lannerwood, North Shields, 1.8% 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 21, Lannerwood, North Shields, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.