According to the public record, 5, Cockburn Terrace, North Shields is a mid-century freehold house with 1,065 ft2 of internal area and sits on a 1,116 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cockburn Terrace, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
5, Cockburn Terrace, North Shields has 31 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated March 2022.
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 5 Cockburn Terrace North Shields as £159,313 and the rental value as £982 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 5 Cockburn Terrace North Shields has increased by £4,279 (2.7%) and its rental value has increased by £86 per month (8.7%).
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 5, Cockburn Terrace, North Shields is in very good condition we estimate a sale value of £167,279 and rental value of £1,031 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £148,161 and a rental value of £913 per month.
If you were able to purchase this property for the estimated value of £159,313, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £783 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, 5, Cockburn Terrace, North Shields sits on a plot of 1116m2.
We have plot size data on 4 out of 4 other houses in the postcode and 5, Cockburn Terrace, North Shields sits on the 3rd largest plot.
According to HM Land Registry, 5, Cockburn Terrace, North Shields was last sold on 07 Oct 2022 for £155,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2022, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Cockburn Terrace, North Shields within a radius of 680 metres over the last 2 years.
The most recent example is 44, St. Johns Terrace, North Shields, NE29 6HS, a Freehold house which sold for £158,000 in Jul 2023.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cockburn Terrace, North Shields, NE29 has a total of 36 addresses. According to our analysis of all the public data, 5, Cockburn Terrace, North Shields is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in NE29.
5, Cockburn Terrace, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Mar 2022.
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 5, Cockburn Terrace, North Shields is Northumberland Park (Tyne & Wear) station which is 4.9 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 5, Cockburn Terrace, North Shields, 32.6% of property is privately owned with a mortgage and 25.7% is privately owned outright.
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 5, Cockburn Terrace, North Shields, 12.1% of residents are recorded as possessing school level qualifications and 25.4% 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 5, Cockburn Terrace, 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 5, Cockburn Terrace, 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 5, Cockburn Terrace, North Shields, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.