16 Park Terrace

    16, PARK TERRACE, NORTH SHIELDS, NE30 2HA

    This flat/maisonette leasehold property on Park Terrace last sold in June 2014 for £123,000. Based on price growth in the NE30 district since then, its estimated current value is £179,835 — placing it in the 19th percentile nationally and the 20th percentile within NE30. The property covers 66 m² (710 sq ft), giving an estimated value of £2,725 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £123,000

    Jun 2014

    Estimated Valuation

    £179,835

    Est. £/sq ft

    £253/sq ft

    £2,725/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 area710 sq ft (66 m²)
    EPC dateJan 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Jun 2014

    £123,000

    24 Feb 2012

    £89,600

    27 Mar 2009

    £100,000

    22 Feb 2002

    £46,950

    21 Dec 2001

    £44,500

    Key Metrics

    Estimated valuation£179,835
    Value per sq ft / m²£253/sq ft (£2,725/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE30 district percentile20th percentile
    National percentile19th 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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