56 Military Road

    56, MILITARY ROAD, NORTH SHIELDS, NE30 2AB

    This flat/maisonette leasehold property on Military Road last sold in October 2012 for £84,500. Based on price growth in the NE30 district since then, its estimated current value is £116,321 — placing it in the 6th percentile nationally and the 5th percentile within NE30. The property covers 62 m² (667 sq ft), giving an estimated value of £1,876 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £84,500

    Oct 2012

    Estimated Valuation

    £116,321

    Est. £/sq ft

    £174/sq ft

    £1,876/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area667 sq ft (62 m²)
    EPC dateAug 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Oct 2012

    £84,500

    14 Jul 2006

    £87,500

    14 Jun 2004

    £87,500

    17 Oct 2003

    £58,000

    24 May 1996

    £20,000

    Key Metrics

    Estimated valuation£116,321
    Value per sq ft / m²£174/sq ft (£1,876/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE30 district percentile5th percentile
    National percentile6th percentile

    District Context — NE30

    NE30 covers Whitley Bay and Tynemouth on the North Tyne coast, north of Newcastle. It is a mature residential area with strong seaside appeal and established community character.

    Average Property Price - NE30

    £319,554

    48

    National percentile

    Average Net Household Income - NE30

    £39,768

    57

    National percentile

    10-Year Annualised Price Growth - NE30

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE30

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