According to the public record, 6, Marden Avenue, North Shields is a period leasehold apartment with 794 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 6, Marden Avenue, North Shields, NE30.
Marden Avenue, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
6, Marden Avenue, North Shields has 3 entries in the Land Registry database, most recently in August 2020 and a single entry in the EPC database dated April 2011.
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 Marden Avenue North Shields as £209,151 and the rental value as £1,252 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 6 Marden Avenue North Shields has increased by £1,399 (0.7%) and its rental value has increased by £117 per month (9.4%).
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 6, Marden Avenue, North Shields is in very good condition we estimate a sale value of £219,608 and rental value of £1,314 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,510 and a rental value of £1,164 per month.
If you were able to purchase this property for the estimated value of £209,151, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,028 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, Marden Avenue, North Shields was last sold on 28 Aug 2020 for £141,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2020, the market for similar properties has risen 18.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Marden Avenue, North Shields within a radius of 510 metres over the last 2 years.
The most recent example is 28, Eskdale Terrace, North Shields, NE30 4PX, a Leasehold flat which sold for £238,250 in Apr 2024.
Read more about house prices in NE30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marden Avenue, North Shields, NE30 has a total of 58 addresses. According to our analysis of all the public data, 6, Marden Avenue, North Shields is the 16th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £109k less expensive than the average property in NE30.
6, Marden Avenue, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Apr 2011.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 6, Marden Avenue, North Shields is Northumberland Park (Tyne & Wear) station which is 5.4 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 6, Marden Avenue, North Shields, 49.0% of property is privately owned outright and 23.0% 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 6, Marden Avenue, North Shields, 12.5% of residents are recorded as possessing school level qualifications and 38.5% 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, Marden Avenue, North Shields, the average age was 47.6 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, Marden Avenue, North Shields, 2.8% 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, Marden Avenue, North Shields, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.