According to the public record, 1, Craster Avenue, South Shields is a early-century freehold house with 828 ft2 of internal area and sits on a 211 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Craster Avenue, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
1, Craster Avenue, South Shields has 2 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated February 2019.
We combine this information with that 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 Craster Avenue South Shields as £117,582 and the rental value as £704 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 1 Craster Avenue South Shields has increased by £3,639 (3.1%) and its rental value has increased by £77 per month (11.0%).
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, Craster Avenue, South Shields is in very good condition we estimate a sale value of £123,461 and rental value of £739 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,351 and a rental value of £654 per month.
If you were able to purchase this property for the estimated value of £117,582, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £578 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 data from HM Land Registry, 1, Craster Avenue, South Shields sits on a plot of 211m2.
We have plot size data on 6 out of 12 other houses in the postcode and 1, Craster Avenue, South Shields sits on the 2nd largest plot.
According to HM Land Registry, 1, Craster Avenue, South Shields was last sold on 29 Oct 2021 for £120,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2021, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Craster Avenue, South Shields within a radius of 630 metres over the last 2 years.
The most recent example is 12, Widdrington Avenue, South Shields, NE34 7TH, a Freehold house which sold for £118,350 in Jun 2023.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Craster Avenue, South Shields, NE34 has a total of 12 addresses. According to our analysis of all the public data, 1, Craster Avenue, South Shields is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in NE34.
1, Craster Avenue, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Feb 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Craster Avenue, South Shields is Sunderland station which is 8.9 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, Craster Avenue, South Shields, 54.2% of property is socially rented and 16.9% is privately owned outright.
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, Craster Avenue, South Shields, 14.1% of residents are recorded as possessing school level qualifications and 18.9% 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, Craster Avenue, South Shields, the average age was 43.9 and the most common age was 57.
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, Craster Avenue, South Shields, 0.0% 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, Craster Avenue, South Shields, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.