49, Balkwell Green, North Shields has a single entry in the Land Registry database from October 2006 and a single entry in the EPC database dated January 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 49, Balkwell Green, North Shields is in very good condition we estimate a sale value of £75,354 and rental value of £586 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £66,742 and a rental value of £519 per month.
If you were able to purchase this property for the estimated value of £71,766, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £353 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, 49, Balkwell Green, North Shields was last sold on 31 Oct 2006 for £77,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Balkwell Green, North Shields within a radius of 460 metres over the last 2 years.
The most recent example is 84, Balkwell Green, North Shields, NE29 7HY, a Leasehold flat which sold for £68,000 in Jul 2022.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balkwell Green, North Shields, NE29 has a total of 89 addresses. According to our analysis of all the public data, 49, Balkwell Green, North Shields is the 76th largest and the 75th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in NE29.
49, Balkwell Green, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 49, Balkwell Green, North Shields is a mid-century leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Balkwell Green, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 49 Balkwell Green North Shields as £71,766 and the rental value as £558 per month giving an expected gross yield of 9.3%.
Over the last 12 months the sale value of 49 Balkwell Green North Shields has increased by £1,137 (1.6%) and its rental value has increased by £46 per month (8.2%).
The closest station to 49, Balkwell Green, North Shields is Northumberland Park (Tyne & Wear) station which is 4.1 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 49, Balkwell Green, North Shields, 51.6% of property is socially rented and 31.0% 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 49, Balkwell Green, North Shields, 22.0% of residents are recorded as possessing school level qualifications and 19.9% 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 49, Balkwell Green, North Shields, the average age was 45.2 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 49, Balkwell Green, 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 49, Balkwell Green, 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.