According to the public record, 38, Balmoral Gardens, North Shields is a early-century freehold house with 1,194 ft2 of internal area and sits on a 213 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Balmoral Gardens, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
38, Balmoral Gardens, North Shields has 31 entries in the Land Registry database, most recently in June 2014 and a single entry in the EPC database dated April 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 38 Balmoral Gardens North Shields as £287,891 and the rental value as £1,606 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 38 Balmoral Gardens North Shields has decreased by £901 (0.3%) and its rental value has increased by £112 per month (7.0%).
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 38, Balmoral Gardens, North Shields is in very good condition we estimate a sale value of £302,285 and rental value of £1,686 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,738 and a rental value of £1,493 per month.
If you were able to purchase this property for the estimated value of £287,891, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,415 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 data from HM Land Registry, 38, Balmoral Gardens, North Shields sits on a plot of 213m2.
We have plot size data on 10 out of 14 other houses in the postcode and 38, Balmoral Gardens, North Shields sits on the 4th largest plot.
According to HM Land Registry, 38, Balmoral Gardens, North Shields was last sold on 30 Jun 2014 for £201,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2014, the market for similar properties has risen 43.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Balmoral Gardens, North Shields within a radius of 490 metres over the last 2 years.
The most recent example is 56, Grasmere Terrace, North Shields, NE29 0PP, a Freehold house which sold for £245,000 in Mar 2024.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balmoral Gardens, North Shields, NE29 has a total of 74 addresses. According to our analysis of all the public data, 38, Balmoral Gardens, North Shields is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £90k more expensive than the average property in NE29.
38, Balmoral Gardens, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Apr 2014.
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 38, Balmoral Gardens, North Shields is Northumberland Park (Tyne & Wear) station which is 4.5 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 38, Balmoral Gardens, North Shields, 42.2% of property is privately owned outright and 36.7% 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 38, Balmoral Gardens, North Shields, 12.2% of residents are recorded as possessing school level qualifications and 30.4% 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 38, Balmoral Gardens, 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 38, Balmoral Gardens, North Shields, 0.7% 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 38, Balmoral Gardens, North Shields, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.