According to the public record, Apartment 25, Grangeside Court, North Shields is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Grangeside Court, Brabourne Gardens, North Shields, NE29.
Brabourne Gardens, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
Apartment 25, Grangeside Court, North Shields has 21 entries in the Land Registry database, most recently in June 2010 and a single entry in the EPC database dated March 2014.
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 Apartment 25 Grangeside Court North Shields as £91,748 and the rental value as £714 per month giving an expected gross yield of 9.3%.
Over the last 12 months the sale value of Apartment 25 Grangeside Court North Shields has increased by £769 (0.8%) and its rental value has increased by £64 per month (8.9%).
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 Apartment 25, Grangeside Court, North Shields is in very good condition we estimate a sale value of £96,335 and rental value of £749 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £85,326 and a rental value of £664 per month.
If you were able to purchase this property for the estimated value of £91,748, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £451 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, Apartment 25, Grangeside Court, North Shields was last sold on 18 Jun 2010 for £100,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2010, the market for similar properties has risen 38.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 25, Grangeside Court, North Shields within a radius of 620 metres over the last 2 years.
The most recent example is Apartment 4, Grangeside Court, Brabourne Gardens, North Shields, NE29 9BF, a Leasehold flat which sold for £65,000 in Sep 2023.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brabourne Gardens, North Shields, NE29 has a total of 50 addresses. According to our analysis of all the public data, Apartment 25, Grangeside Court, North Shields is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in NE29.
Apartment 25, Grangeside Court, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Apartment 25, Grangeside Court, North Shields is Northumberland Park (Tyne & Wear) station which is 4.0 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 Apartment 25, Grangeside Court, North Shields, 45.7% of property is privately owned outright and 27.1% 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 Apartment 25, Grangeside Court, North Shields, 5.0% of residents are recorded as possessing school level qualifications and 24.8% 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 Apartment 25, Grangeside Court, North Shields, the average age was 45.1 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 Apartment 25, Grangeside Court, North Shields, 2.0% 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 Apartment 25, Grangeside Court, North Shields, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.