112 Verne Road, North Shields, NE29 7LT is a leasehold flat built between 1930-1949. The property offers approximately 893 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £78,457 , which equates to approximately £88 per square foot. It was last sold on 27 Feb 2015 for £59,000. Since then, the value has increased by £19,457, representing a 33.0% increase, or approximately 3.0% per year.

The current estimated value of £78,457 is:

  • 38.8% lower than the average property price on Verne Road
  • 19.9% lower than the average in the NE29 7LT postcode area
  • and 67.5% lower than the average price for North Shields as a whole

View sold house prices in NE29 7LT

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
893 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£78,457
Price Per sq ft (estimate)
£88
Bedroom Count (estimate)
3 bedrooms

EPC Summary

112 Verne Road, North Shields, North Tyneside, Tyne And Wear, NE29 7LT has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 20 Mar 2014.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 12% of fixed outlets
Poor

Compared to NE29 7LT

13 th / 32
Price Rank
20% lower than average
1 st / 25
Size Rank
36% bigger than average
22 nd / 25
Price Per Sq FT Rank
41% lower than average

Compared to other properties in NE29 7LT , this flat's estimated value ranks 13th out of 32. Based on price per square foot, it ranks 22th out of 25 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 1st out of 25 properties in its postcode area.

Sale History

Today
£78,457
streetscan.co.uk estimate
+33 %
27 Feb 2015
£59,000
Leasehold
-1.7 %
4 Feb 2005
£60,000
Leasehold
+83.1 %
26 Mar 2001
£32,775
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 775 sq ft
sale price: £86,000
sale date: 21 Oct 2018
rooms: 4
size: 872 sq ft
sale price: £75,000
sale date: 30 Sep 2005
rooms: 4
size: 775 sq ft
sale price: £102,250
sale date: 26 May 2023
rooms: 4
size: 786 sq ft
sale price: £64,000
sale date: 6 Nov 2015
rooms: 3
size: 797 sq ft
sale price: £94,000
sale date: 20 Dec 2012

Data Sources

The property at 112 Verne Road, North Shields, NE29 7LT appears three times in the Land Registry records, with the latest transaction recorded on 27 Feb 2015. It also has a single Energy Performance Certificate (EPC) from 20 Mar 2014. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.