According to the public record, 1, Gresford Street, South Shields is a period leasehold house with 807 ft2 of internal area and sits on a 69.7 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Gresford Street, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
1, Gresford Street, South Shields has 31 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated May 2015.
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 Gresford Street South Shields as £69,378 and the rental value as £418 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 1 Gresford Street South Shields has increased by £1,266 (1.8%) and its rental value has increased by £41 per month (9.7%).
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, Gresford Street, South Shields is in very good condition we estimate a sale value of £72,846 and rental value of £439 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,521 and a rental value of £389 per month.
If you were able to purchase this property for the estimated value of £69,378, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £341 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, Gresford Street, South Shields sits on a plot of 70m2.
We have plot size data on 3 out of 4 other houses in the postcode and 1, Gresford Street, South Shields sits on the 8th largest plot.
According to HM Land Registry, 1, Gresford Street, South Shields was last sold on 21 Apr 2022 for £72,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2022, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Gresford Street, South Shields within a radius of 420 metres over the last 2 years.
The most recent example is 3, Gresford Street, South Shields, NE33 4SZ, a Freehold house which sold for £60,000 in Jul 2023.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gresford Street, South Shields, NE33 has a total of 22 addresses. According to our analysis of all the public data, 1, Gresford Street, South Shields is the 4th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in NE33.
1, Gresford Street, South Shields has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 May 2015.
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, Gresford Street, South Shields is Northumberland Park (Tyne & Wear) station which is 8.1 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, Gresford Street, South Shields, 38.2% of property is privately rented and 36.6% is socially rented.
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, Gresford Street, South Shields, 8.8% of residents are recorded as possessing school level qualifications and 22.4% 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, Gresford Street, South Shields, the average age was 42.3 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, Gresford Street, 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, Gresford Street, South Shields, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.