According to the public record, 6 King Edwards Court, North Shields is a modern leasehold apartment and with 804 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in King Edwards Court, Front Street, Tynemouth, North Shields, NE30.
Front Street, Tynemouth, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
6 King Edwards Court, North Shields has 31 entries in the Land Registry database, most recently in October 2012 and no records in the EPC database.
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 6 King Edwards Court North Shields as £249,993 and the rental value as £1,295 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 6 King Edwards Court North Shields has increased by £1,662 (0.7%) and its rental value has increased by £118 per month (9.2%).
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 6 King Edwards Court, North Shields is in very good condition we estimate a sale value of £262,492 and rental value of £1,359 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,493 and a rental value of £1,204 per month.
If you were able to purchase this property for the estimated value of £249,993, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,229 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, 6 King Edwards Court, North Shields was last sold on 26 Oct 2012 for £158,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2012, the market for similar properties has risen 40.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6 King Edwards Court, North Shields within a radius of 337m over the last 2 years.
The most recent example is 1A, Northumberland Terrace, North Shields, NE30 4BA, a Leasehold flat which sold for £305,000 in Nov 2023.
Read more about house prices in NE30.
Front Street, Tynemouth, North Shields, NE30 has a total of 89 addresses. According to our analysis of all the public data, 6 King Edwards Court, North Shields is the 57th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in NE30.
6 King Edwards Court, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Mar 2009.
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 6 King Edwards Court, North Shields is Northumberland Park (Tyne & Wear) station which is 6.5 km 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 6 King Edwards Court, North Shields, 38.0% of property is privately rented and 29.9% 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 6 King Edwards Court, North Shields, 12.8% of residents are recorded as possessing school level qualifications and 43.6% 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 6 King Edwards Court, North Shields, the average age was 45.8 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 6 King Edwards Court, North Shields, 1.2% 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 6 King Edwards Court, 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.