116 Verne Road, North Shields, NE29 7LT is a leasehold flat built between 1930-1949. The property offers approximately 614 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £84,439 , which equates to approximately £138 per square foot. It was last sold on 31 Aug 2017 for £70,000. Since then, the value has increased by £14,439, representing a 20.6% increase, or approximately 2.5% per year.

The current estimated value of £84,439 is:

  • 34.2% lower than the average property price on Verne Road
  • 13.8% lower than the average in the NE29 7LT postcode area
  • and 65.0% lower than the average price for North Shields as a whole

At the most recent EPC inspection on 12 November 2024, the property was recorded as rented.

View sold house prices in NE29 7LT

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
614 sq ft
Tenure
Leasehold
Price (estimate)
£84,439
Price Per sq ft (estimate)
£138
Bedroom Count (estimate)
1 bedroom

EPC Summary

116 Verne Road, North Shields, North Tyneside, Tyne And Wear, NE29 7LT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Nov 2024.

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.

The previous EPC assessment was conducted on 20 Feb 2013. The rating of C remains the same, but the energy efficiency score improved by 1.4%.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency changing from good to average, with the construction or insulation remaining cavity wall, filled cavity.
  • The lighting was updated from no low energy lighting to low energy lighting in 33% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to NE29 7LT

27 th / 32
Price Rank
14% lower than average
18 th / 25
Size Rank
7% smaller than average
15 th / 25
Price Per Sq FT Rank
7% lower than average

Compared to other properties in NE29 7LT , this flat's estimated value ranks 27th out of 32. Based on price per square foot, it ranks 15th out of 25 properties. In terms of size, this home ranks 18th out of 25 properties in its postcode area.

Sale History

Today
£84,439
streetscan.co.uk estimate
+21 %
31 Aug 2017
£70,000
Leasehold
+52.2 %
11 Apr 2003
£46,000
Leasehold
+84 %
20 Apr 2000
£25,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £84,500
sale date: 17 Oct 2024
rooms: 4
size: 646 sq ft
sale price: £60,000
sale date: 24 Jun 2024
rooms: 3
size: 560 sq ft
sale price: £97,500
sale date: 12 Apr 2023
rooms: 4
size: 678 sq ft
sale price: £83,000
sale date: 28 Jan 2022
rooms: 3
size: 614 sq ft
sale price: £80,000
sale date: 3 Dec 2021

Data Sources

The property at 116 Verne Road, North Shields, NE29 7LT appears three times in the Land Registry records, with the latest transaction recorded on 31 Aug 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Nov 2024. 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.