According to the public record, 72, Front Street, North Shields is a period leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Front Street, Chirton, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
72, Front Street, North Shields has 31 entries in the Land Registry database, most recently in February 2007 and a single entry in the EPC database dated August 2015.
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 72 Front Street North Shields as £138,721 and the rental value as £857 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 72 Front Street North Shields has increased by £2,827 (2.0%) and its rental value has increased by £70 per month (8.2%).
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 72, Front Street, North Shields is in very good condition we estimate a sale value of £145,657 and rental value of £900 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,011 and a rental value of £797 per month.
If you were able to purchase this property for the estimated value of £138,721, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £682 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, 72, Front Street, North Shields was last sold on 26 Feb 2007 for £75,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2007, the market for similar properties has risen 9.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 72, Front Street, North Shields within a radius of 450 metres over the last 2 years.
The most recent example is 40, Front Street, North Shields, NE29 7QW, a Leasehold flat which sold for £122,000 in Nov 2007.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Front Street, Chirton, North Shields, NE29 has a total of 63 addresses. According to our analysis of all the public data, 72, Front Street, North Shields is the 43rd largest and the 25th most expensive property on the street.
When compared to the postcode district it is £60k less expensive than the average property in NE29.
72, Front Street, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Aug 2015.
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 72, Front Street, North Shields is Northumberland Park (Tyne & Wear) station which is 4.6 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 72, Front Street, North Shields, 63.7% of property is socially rented and 20.4% 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 72, Front Street, North Shields, 21.3% of residents are recorded as possessing school level qualifications and 14.6% 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 72, Front Street, North Shields, the average age was 36.9 and the most common age was 12.
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 72, Front Street, 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 72, Front Street, North Shields, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.