2 Cromwell Terrace, North Shields, NE29 0PA is a leasehold flat built between 1900-1929. The property offers approximately 958 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £115,010 , which equates to approximately £120 per square foot. It was last sold on 9 Oct 2024 for £118,000. Since then, the value has decreased by £2,990, representing a 2.5% decrease, or approximately 2.1% per year.

The current estimated value of £115,010 is:

  • 7.7% lower than the average property price on Cromwell Terrace
  • 10.7% lower than the average in the NE29 0PA postcode area
  • and 52.4% lower than the average price for North Shields as a whole

At the most recent EPC inspection on 2 June 2023, the property was recorded as rented.

View sold house prices in NE29 0PA

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
958 sq ft
Tenure
Leasehold
Price (estimate)
£115,010
Price Per sq ft (estimate)
£120
Bedroom Count (estimate)
3 bedrooms

EPC Summary

2 Cromwell Terrace, North Shields, North Tyneside, Tyne And Wear, NE29 0PA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 2 Jun 2023.

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 27 Sep 2012, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 50%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 57% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE29 0PA

5 th / 22
Price Rank
11% lower than average
2 nd / 16
Size Rank
29% bigger than average
13 th / 16
Price Per Sq FT Rank
31% lower than average

Compared to other properties in NE29 0PA , this flat's estimated value ranks 5th out of 22. Based on price per square foot, it ranks 13th out of 16 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 2nd out of 16 properties in its postcode area.

Sale History

Today
£115,010
streetscan.co.uk estimate
-3 %
9 Oct 2024
£118,000
Leasehold
+28.3 %
30 Apr 2007
£92,000
Leasehold
+7 %
12 Feb 2004
£86,000
Leasehold
+7.5 %
16 May 2003
£80,000
Leasehold
+196.3 %
29 Sep 1995
£27,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 829 sq ft
sale price: £141,000
sale date: 28 Feb 2022
rooms: 3
size: 893 sq ft
sale price: £97,000
sale date: 23 Mar 2006
rooms: 3
size: 818 sq ft
sale price: £40,950
sale date: 7 Jun 2001
rooms: 4
size: 1023 sq ft
sale price: £28,500
sale date: 28 Feb 2001

Data Sources

The property at 2 Cromwell Terrace, North Shields, NE29 0PA appears five times in the Land Registry records, with the latest transaction recorded on 9 Oct 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Jun 2023. 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.