According to the public record, 50, Drummond Terrace, North Shields is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 815 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Drummond Terrace, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
50, Drummond Terrace, North Shields has 31 entries in the Land Registry database, most recently in July 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 50 Drummond Terrace North Shields as £152,590 and the rental value as £1,016 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of 50 Drummond Terrace North Shields has increased by £1,869 (1.2%) and its rental value has increased by £95 per month (9.3%).
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 50, Drummond Terrace, North Shields is in very good condition we estimate a sale value of £160,220 and rental value of £1,067 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,909 and a rental value of £945 per month.
If you were able to purchase this property for the estimated value of £152,590, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £750 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, 50, Drummond Terrace, North Shields was last sold on 23 Jul 2009 for £107,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2009, the market for similar properties has risen 44.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Drummond Terrace, North Shields within a radius of 390 metres over the last 2 years.
The most recent example is 21, Fontburn Terrace, North Shields, NE30 2AE, a Leasehold flat which sold for £170,000 in Apr 2024.
Read more about house prices in NE30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drummond Terrace, North Shields, NE30 has a total of 81 addresses. According to our analysis of all the public data, 50, Drummond Terrace, North Shields is the 43rd largest and the 44th most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in NE30.
The closest station to 50, Drummond Terrace, North Shields is Northumberland Park (Tyne & Wear) station which is 5.3 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 50, Drummond Terrace, North Shields, 40.9% of property is privately owned with a mortgage and 28.2% 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 50, Drummond Terrace, North Shields, 15.1% of residents are recorded as possessing school level qualifications and 41.2% 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 50, Drummond Terrace, 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 50, Drummond Terrace, North Shields, 0.9% 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 50, Drummond Terrace, North Shields, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.