According to the public record, 1, Cook Close, South Shields is a modern apartment with 290 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Cook Close, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
1, Cook Close, South Shields has no recent1 records in the Land Registry database and a single entry in the EPC database dated January 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Cook Close South Shields as £31,164 and the rental value as £233 per month giving an expected gross yield of 9%.
Over the last 12 months the sale value of 1 Cook Close South Shields has increased by £552 (1.8%) and its rental value has increased by £22 per month (9.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Cook Close, South Shields is in very good condition we estimate a sale value of £32,722 and rental value of £245 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £28,983 and a rental value of £217 per month.
If you were able to purchase this property for the estimated value of £31,164, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £153 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Cook Close, South Shields was last sold on 28 Aug 1998 for £14,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 1, Cook Close, South Shields within a radius of 480 metres over the last 2 years.
The most recent example is 4, Cook Close, South Shields, NE33 5DD, a Leasehold flat which sold for £22,500 in Mar 2015.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cook Close, South Shields, NE33 has a total of 37 addresses. According to our analysis of all the public data, 1, Cook Close, South Shields is the 28th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in NE33.
1, Cook Close, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jan 2018.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 1, Cook Close, South Shields is Northumberland Park (Tyne & Wear) station which is 7.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Cook Close, South Shields, 38.2% of property is privately owned outright and 23.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Cook Close, South Shields, 8.9% of residents are recorded as possessing school level qualifications and 19.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Cook Close, South Shields, the average age was 40.6 and the most common age was 32.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Cook Close, South Shields, 1.1% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Cook Close, South Shields, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.