According to the public record, 55, Glanton Road, North Shields is a modern leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Glanton Road, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
55, Glanton Road, North Shields has a single entry in the Land Registry database from December 2016 and a single entry in the EPC database dated April 2021.
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 55 Glanton Road North Shields as £133,660 and the rental value as £878 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 55 Glanton Road North Shields has increased by £1,834 (1.4%) and its rental value has increased by £74 per month (8.4%).
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 55, Glanton Road, North Shields is in very good condition we estimate a sale value of £140,343 and rental value of £922 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,304 and a rental value of £817 per month.
If you were able to purchase this property for the estimated value of £133,660, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £657 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, 55, Glanton Road, North Shields was last sold on 22 Dec 2016 for £95,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2016, the market for similar properties has risen 24.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 55, Glanton Road, North Shields within a radius of 560 metres over the last 2 years.
The most recent example is 53, Glanton Road, North Shields, NE29 8LQ, a Leasehold flat which sold for £110,000 in Mar 2017.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Glanton Road, North Shields, NE29 has a total of 72 addresses. According to our analysis of all the public data, 55, Glanton Road, North Shields is the 71st largest and the 71st most expensive property on the street.
When compared to the postcode district it is £65k less expensive than the average property in NE29.
55, Glanton Road, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Apr 2021.
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 55, Glanton Road, North Shields is Northumberland Park (Tyne & Wear) station which is 3.5 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 55, Glanton Road, North Shields, 55.2% of property is privately owned outright and 35.3% 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 55, Glanton Road, North Shields, 15.0% of residents are recorded as possessing school level qualifications and 27.3% 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 55, Glanton Road, 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 55, Glanton Road, North Shields, 0.6% 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 55, Glanton Road, North Shields, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.