According to the public record, 272, New York Road, North Shields is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 873 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
New York Road, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
272, New York Road, North Shields has 21 entries in the Land Registry database, most recently in April 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 272 New York Road North Shields as £139,294 and the rental value as £907 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 272 New York Road North Shields has increased by £2,260 (1.6%) and its rental value has increased by £82 per month (9.0%).
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 272, New York Road, North Shields is in very good condition we estimate a sale value of £146,258 and rental value of £952 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,543 and a rental value of £843 per month.
If you were able to purchase this property for the estimated value of £139,294, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £685 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, 272, New York Road, North Shields was last sold on 28 Apr 2017 for £98,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2017, the market for similar properties has risen 35.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 272, New York Road, North Shields within a radius of 970 metres over the last 2 years.
The most recent example is 228, New York Road, North Shields, NE29 8EL, a Freehold house which sold for £129,995 in Jul 2022.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New York Road, North Shields, NE29 has a total of 46 addresses. According to our analysis of all the public data, 272, New York Road, North Shields is the 9th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in NE29.
The closest station to 272, New York Road, North Shields is Northumberland Park (Tyne & Wear) station which is 2.0 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 272, New York Road, North Shields, 37.9% of property is privately rented and 24.2% 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 272, New York Road, North Shields, 10.8% of residents are recorded as possessing school level qualifications and 22.6% 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 272, New York Road, North Shields, the average age was 42.5 and the most common age was 52.
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 272, New York 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 272, New York Road, North Shields, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.