According to the public record, 4 Fletcher House, North Shields is a mid-century leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Fletcher House, St. Johns Green, North Shields, NE29.
St. Johns Green, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
4 Fletcher House, North Shields has a single entry in the Land Registry database from February 2012 and a single entry in the EPC database dated November 2010.
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 4 Fletcher House North Shields as £32,447 and the rental value as £256 per month giving an expected gross yield of 9.5%.
Over the last 12 months the sale value of 4 Fletcher House North Shields has increased by £669 (2.1%) and its rental value has increased by £21 per month (8.1%).
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 4 Fletcher House, North Shields is in very good condition we estimate a sale value of £34,069 and rental value of £269 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £30,176 and a rental value of £238 per month.
If you were able to purchase this property for the estimated value of £32,447, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £159 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, 4 Fletcher House, North Shields was last sold on 29 Feb 2012 for £22,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2012, the market for similar properties has risen 25.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 660 metres radius of 4 Fletcher House, North Shields over the last 2 years.
The most recent example is 11 Fletcher House, St. Johns Green, North Shields, NE29 6PN, a Leasehold flat which sold for £39,951 in Jan 2021.
Read more about house prices in NE29.
St. Johns Green, North Shields, NE29 has a total of 108 addresses. According to our analysis of all the public data, 4 Fletcher House, North Shields is the 100th largest and the 106th most expensive property on the street.
When compared to the postcode district it is £166k less expensive than the average property in NE29.
4 Fletcher House, North Shields has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 17 Nov 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 4 Fletcher House, North Shields is Northumberland Park (Tyne & Wear) station which is 5.0 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 4 Fletcher House, North Shields, 33.6% of property is socially rented and 29.5% is privately 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 4 Fletcher House, North Shields, 9.5% of residents are recorded as possessing school level qualifications and 21.9% 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 4 Fletcher House, 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 4 Fletcher House, North Shields, 1.3% 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 4 Fletcher House, 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.