49 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 £103,217 , which equates to approximately £184 per square foot. It was last sold on 24 May 2002 for £38,500. Since then, the value has increased by £64,717, representing a 168.1% increase, or approximately 7.1% per year.

The current estimated value of £103,217 is:

  • 14.0% lower than the average property price on Richmond Grove
  • 13.0% lower than the average in the NE29 7QZ postcode area
  • and 57.3% lower than the average price for North Shields as a whole

At the most recent EPC inspection on 28 September 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)
£103,217
Price Per sq ft (estimate)
£184
Bedroom Count (estimate)
1 bedroom

EPC Summary

49 Richmond Grove, North Shields, North Tyneside, Tyne And Wear, NE29 7QZ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 28 Sep 2023.

This property uses electric room 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 Dec 2012. The rating of D is unchanged, though the energy efficiency score decreased by 1.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 83% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to NE29 7QZ

16 th / 25
Price Rank
13% lower than average
15 th / 20
Size Rank
13% smaller than average
14 th / 20
Price Per Sq FT Rank
1% higher than average

Compared to other properties in NE29 7QZ , this flat's estimated value ranks 16th out of 25. Based on price per square foot, it ranks 14th out of 20 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 15th out of 20 properties in its postcode area.

Sale History

Today
£103,217
streetscan.co.uk estimate
+168 %
24 May 2002
£38,500
Leasehold
+51.5 %
20 Aug 1999
£25,412
Leasehold

Area Insights

Similar Properties Sold Nearby

45 Richmond Grove, North Shields, NE29 7QZ
rooms: 3
size: 527 sq ft
sale price: £57,500
sale date: 7 May 2025
40 Richmond Grove, North Shields, NE29 7QZ
rooms: 3
size: 570 sq ft
sale price: £44,000
sale date: 16 Jul 2013
38 Richmond Grove, North Shields, NE29 7QZ
rooms: 3
size: 538 sq ft
sale price: £68,000
sale date: 2 Nov 2007
47 Richmond Grove, North Shields, NE29 7QZ
rooms: 3
size: 560 sq ft
sale price: £60,000
sale date: 2 Nov 2007
46 Richmond Grove, North Shields, NE29 7QZ
rooms: 3
size: 538 sq ft
sale price: £68,500
sale date: 10 Feb 2006

Data Sources

The property at 49 Richmond Grove, North Shields, NE29 7QZ appears two times in the Land Registry records, with the latest transaction recorded on 24 May 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Sep 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.
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