According to the public record, 8, Illingworth House, North Shields is a mid-century leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Illingworth House, St. Johns Green, North Shields, NE29.
St. Johns Green, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
8, Illingworth House, North Shields has a single entry in the Land Registry database from May 2021 and a single entry in the EPC database dated August 2020.
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 8 Illingworth House North Shields as £60,456 and the rental value as £458 per month giving an expected gross yield of 9.1%.
Over the last 12 months the sale value of 8 Illingworth House North Shields has increased by £1,246 (2.1%) and its rental value has increased by £37 per month (8.1%).
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 8, Illingworth House, North Shields is in very good condition we estimate a sale value of £63,479 and rental value of £481 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £56,225 and a rental value of £426 per month.
If you were able to purchase this property for the estimated value of £60,456, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £297 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, 8, Illingworth House, North Shields was last sold on 14 May 2021 for £57,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen 9.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Illingworth House, North Shields within a radius of 710 metres over the last 2 years.
The most recent example is 12, Hutton House, St. Johns Green, North Shields, NE29 6PP, a Leasehold flat which sold for £47,500 in May 2024.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Johns Green, North Shields, NE29 has a total of 108 addresses. According to our analysis of all the public data, 8, Illingworth House, North Shields is the 27th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in NE29.
8, Illingworth House, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Aug 2020.
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 8, Illingworth House, North Shields is Northumberland Park (Tyne & Wear) station which is 5.1 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 8, Illingworth House, North Shields, 33.6% of property is socially rented and 29.5% 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 8, Illingworth House, North Shields, 9.5% of residents are recorded as possessing school level qualifications and 21.9% 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 8, Illingworth House, North Shields, the average age was 41 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 8, Illingworth House, North Shields, 1.3% 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 8, Illingworth House, North Shields, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.