According to the public record, 16E, Northumberland Square, North Shields is a modern leasehold apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 16, Northumberland Square, North Shields, NE30.
Northumberland Square, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
16E, Northumberland Square, North Shields has a single entry in the Land Registry database from April 2022 and a single entry in the EPC database dated December 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 good condition, we estimate the current sale value for 16E Northumberland Square North Shields as £182,149 and the rental value as £1,172 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 16E Northumberland Square North Shields has increased by £2,457 (1.3%) and its rental value has increased by £103 per month (8.8%).
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 16E, Northumberland Square, North Shields is in very good condition we estimate a sale value of £191,256 and rental value of £1,230 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,398 and a rental value of £1,090 per month.
If you were able to purchase this property for the estimated value of £182,149, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £895 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, 16E, Northumberland Square, North Shields was last sold on 14 Apr 2022 for £187,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16E, Northumberland Square, North Shields within a radius of 420 metres over the last 2 years.
The most recent example is 5, Kielder Terrace, North Shields, NE30 2AD, a Leasehold flat which sold for £170,000 in Oct 2023.
Read more about house prices in NE30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Northumberland Square, North Shields, NE30 has a total of 55 addresses. According to our analysis of all the public data, 16E, Northumberland Square, North Shields is the 14th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in NE30.
16E, Northumberland Square, North Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Dec 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric boiler and radiators.
The closest station to 16E, Northumberland Square, North Shields is Northumberland Park (Tyne & Wear) station which is 5.3 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 16E, Northumberland Square, North Shields, 41.6% of property is privately rented and 24.7% is socially 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 16E, Northumberland Square, North Shields, 8.4% of residents are recorded as possessing school level qualifications and 38.1% 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 16E, Northumberland Square, North Shields, the average age was 44 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 16E, Northumberland Square, 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 16E, Northumberland Square, 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.