According to the public record, 3, Denham House, North Shields is a period leasehold apartment with 1,097 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Denham House, Preston Park, North Shields, NE29.
Preston Park, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
3, Denham House, North Shields has 31 entries in the Land Registry database, most recently in November 2018 and a single entry in the EPC database dated December 2014.
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 3 Denham House North Shields as £283,665 and the rental value as £1,495 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 3 Denham House North Shields has increased by £2,787 (1.0%) and its rental value has increased by £138 per month (9.2%).
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 3, Denham House, North Shields is in very good condition we estimate a sale value of £297,848 and rental value of £1,570 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £263,808 and a rental value of £1,390 per month.
If you were able to purchase this property for the estimated value of £283,665, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,394 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, 3, Denham House, North Shields was last sold on 09 Nov 2018 for £183,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2018, the market for similar properties has risen 20.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 3, Denham House, North Shields within a radius of 440 metres over the last 2 years.
The most recent example is 2, Denham House, Preston Park, North Shields, NE29 9JP, a Leasehold flat which sold for £325,000 in Dec 2018.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Park, North Shields, NE29 has a total of 27 addresses. According to our analysis of all the public data, 3, Denham House, North Shields is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £85k more expensive than the average property in NE29.
3, Denham House, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Dec 2014.
The property is connected to mains gas and has fully secondary glazing. It is heated using a boiler and radiators.
The closest station to 3, Denham House, North Shields is Northumberland Park (Tyne & Wear) station which is 4.7 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 3, Denham House, North Shields, 44.4% of property is privately owned outright and 36.5% 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 3, Denham House, North Shields, 11.5% of residents are recorded as possessing school level qualifications and 45.3% 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 3, Denham House, North Shields, the average age was 45.5 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 3, Denham House, North Shields, 2.7% 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 3, Denham House, 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.