Verne Road, North Shields
FR

Verne Road, North Shields

By Fresh Property Centre

£ 119,950

Reviews

3 out of 5 stars

Fresh Property Centre says ..

Fresh Property Centre welcome to the market this two bed ground floor flat on Verne Road, North Shields. This well-appointed residence features two spacious bedrooms, making it an ideal choice for couples, small families, or those seeking a comfortable home office space. The living area...

Property Oracle says ..

This two-bedroom flat is located in the Chirton area of North Shields, Tyne and Wear. The property benefits from a small enclosed rear garden. Based on the images provided, the property appears to have recently undergone modernisation, with a new kitchen and bathroom. The flooring and décor are contemporary. The property seems well-maintained and in good condition. The list price is £119,950. Considering the average price per square foot in the area is £302, and this property is 543.36 sqft, a rough estimate of value would be around £164,000. However, the average house price in the area is significantly higher at £525,346, and the average property size is much larger at 1,735 sqft. This suggests that the property is priced lower than the average for the area, potentially reflecting its smaller size and flat type. Nearby comparable properties on Verne Road range from £25,000 to £103,500, indicating a wide price range on this street. Other nearby properties show prices ranging from £89,950 to £165,000. Given the recent modernisation and good condition of the property, the list price of £119,950 appears reasonable, especially when compared to the lower end of the price range of nearby properties. The location is close to several schools, including Collingwood Primary School (rated ‘Good’) and Norham High School (in Special Measures). The proximity to schools is a positive factor for families. However, information on nearby transportation links is not provided.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
6
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
543.36
Lot (est)
601.70

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
911,990.00 £
Increased by 52.54 %
from 597,864.00 £
Est sale value
259,726.08 £
Decreased by 4.59 %
from 272,223.36 £
Average area rental value
1,200.00 £/mo
Decreased by 18.81 %
from 1,478.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 543.36 £/mo
Est rental Yield
1.58 %
Decreased by 46.80 %
from 2.97 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Fresh Property Centre created the listing.

Nearby Schools

NameTypeOfstedDistance
Collingwood Primary SchoolCommunity SchoolGood0.43 KM
Norham High SchoolFoundation SchoolSpecial Measures0.50 KM
St Joseph'S Catholic Primary School, North ShieldsAcademy Converter0.79 KM
St Thomas More Catholic High SchoolAcademy ConverterGood0.94 KM
Whitehouse Primary SchoolFoundation SchoolGood1.25 KM

Images

Front 2.jpg Living room.jpg Kitchen.jpg Bedroom 2.jpg Bedroom 1.jpg Bathroom.jpg Back Garden.jpg Front 1.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Bolingbroke Road £ 000.00 KM
Simonburn Avenue £ 000.00 KM
Hedgeley Road £ 260,00000.00 KM
Coast Road £ 100,00000.00 KM
Holme Crescent £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Verne Road, North Shields £ 119,950BUY6 / 100.00 KM
Verne Road, North Shields, NE29 £ 119,950BUYUnknown0.05 KM
Bardolph Road, North Shields £ 99,950BUY7 / 100.08 KM
Balkwell Avenue, North Shields, Tyne and Wear £ 60,000BUY6 / 100.12 KM
Verne Road, North Shields £ 110,000BUY5 / 100.14 KM

Nearby Properties

AddressPriceDistance
186 Verne Road £ 66,5000.04 KM
150 Verne Road £ 124,9500.04 KM
172 Verne Road £ 95,0000.04 KM
178 Verne Road £ 70,0000.04 KM
162 Verne Road £ 66,0000.04 KM