According to the public record, 1, Derwentwater Terrace, South Shields is a period freehold house with 1,474 ft2 of internal area and sits on a 136 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Derwentwater Terrace, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
1, Derwentwater Terrace, South Shields has a single entry in the Land Registry database from March 2007 and a single entry in the EPC database dated August 2023.
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 Derwentwater Terrace South Shields as £102,968 and the rental value as £497 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 1 Derwentwater Terrace South Shields has increased by £2,377 (2.3%) and its rental value has increased by £50 per month (10.0%).
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, Derwentwater Terrace, South Shields is in very good condition we estimate a sale value of £108,117 and rental value of £521 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £95,761 and a rental value of £462 per month.
If you were able to purchase this property for the estimated value of £102,968, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £506 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, Derwentwater Terrace, South Shields sits on a plot of 136m2.
We have plot size data on 4 out of 4 other houses in the postcode and 1, Derwentwater Terrace, South Shields sits on the largest plot.
According to HM Land Registry, 1, Derwentwater Terrace, South Shields was last sold on 30 Mar 2007 for £112,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2007, the market for similar properties has risen 12.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Derwentwater Terrace, South Shields within a radius of 380 metres over the last 2 years.
The most recent example is 78-80, Marshall Wallis Road, South Shields, NE33 5PR, a Freehold house which sold for £90,000 in Jul 2021.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derwentwater Terrace, South Shields, NE33 has a total of 4 addresses. According to our analysis of all the public data, 1, Derwentwater Terrace, South Shields is the largest and the most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in NE33.
1, Derwentwater Terrace, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Aug 2023.
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, Derwentwater Terrace, South Shields is Northumberland Park (Tyne & Wear) station which is 7.6 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, Derwentwater Terrace, South Shields, 58.6% of property is privately rented and 15.2% 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, Derwentwater Terrace, South Shields, 22.4% of residents are recorded as possessing school level qualifications and 23.0% 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, Derwentwater Terrace, 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, Derwentwater Terrace, 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, Derwentwater Terrace, South Shields, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.