48 Richmond Grove, North Shields, NE29 7QZ is a leasehold flat built between 1996-2002. The property offers approximately 560 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £93,209 , which equates to approximately £166 per square foot. It was last sold on 27 May 2005 for £70,000. Since then, the value has increased by £23,209, representing a 33.2% increase, or approximately 1.6% per year.

The current estimated value of £93,209 is:

  • 22.3% lower than the average property price on Richmond Grove
  • 21.4% lower than the average in the NE29 7QZ postcode area
  • and 61.4% lower than the average price for North Shields as a whole

At the most recent EPC inspection on 17 April 2023, the property was recorded as rented.

View sold house prices in NE29 7QZ

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
560 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£93,209
Price Per sq ft (estimate)
£166
Bedroom Count (estimate)
1 bedroom

EPC Summary

48 Richmond Grove, North Shields, North Tyneside, Tyne And Wear, NE29 7QZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 17 Apr 2023.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Feb 2009. 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 main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 200 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 75% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to NE29 7QZ

15 th / 25
Price Rank
21% lower than average
14 th / 20
Size Rank
13% smaller than average
12 th / 20
Price Per Sq FT Rank
9% lower than average

Compared to other properties in NE29 7QZ , this flat's estimated value ranks 15th out of 25. Based on price per square foot, it ranks 12th out of 20 properties. In terms of size, this home ranks 14th out of 20 properties in its postcode area.

Sale History

Today
£93,209
streetscan.co.uk estimate
+33 %
27 May 2005
£70,000
Leasehold
+161.7 %
11 Jun 1999
£26,750
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 527 sq ft
sale price: £57,500
sale date: 7 May 2025
rooms: 3
size: 570 sq ft
sale price: £44,000
sale date: 16 Jul 2013
rooms: 3
size: 538 sq ft
sale price: £68,000
sale date: 2 Nov 2007
rooms: 3
size: 560 sq ft
sale price: £60,000
sale date: 2 Nov 2007
rooms: 3
size: 538 sq ft
sale price: £68,500
sale date: 10 Feb 2006

Data Sources

The property at 48 Richmond Grove, North Shields, NE29 7QZ appears two times in the Land Registry records, with the latest transaction recorded on 27 May 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Apr 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.