2 Park Terrace

    2, PARK TERRACE, NORTH SHIELDS, NE30 2HA

    This flat/maisonette leasehold property on Park Terrace last sold in April 2013 for £132,000. Based on price growth in the NE30 district since then, its estimated current value is £178,336 — placing it in the 19th percentile nationally and the 19th percentile within NE30. The property covers 74 m² (797 sq ft), giving an estimated value of £2,410 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £132,000

    Apr 2013

    Estimated Valuation

    £178,336

    Est. £/sq ft

    £224/sq ft

    £2,410/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area797 sq ft (74 m²)
    EPC dateMay 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Apr 2013

    £132,000

    14 Aug 2002

    £55,000

    Key Metrics

    Estimated valuation£178,336
    Value per sq ft / m²£224/sq ft (£2,410/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE30 district percentile19th 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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