According to the public record, 11, Northcote Street, South Shields is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 627 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Northcote Street, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
11, Northcote Street, South Shields has a single entry in the Land Registry database from February 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 11 Northcote Street South Shields as £59,144 and the rental value as £436 per month giving an expected gross yield of 8.8%.
Over the last 12 months the sale value of 11 Northcote Street South Shields has increased by £1,094 (1.8%) and its rental value has increased by £42 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 11, Northcote Street, South Shields is in very good condition we estimate a sale value of £62,102 and rental value of £458 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £55,004 and a rental value of £406 per month.
If you were able to purchase this property for the estimated value of £59,144, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £291 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, 11, Northcote Street, South Shields was last sold on 20 Feb 2015 for £39,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2015, the market for similar properties has risen 17.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Northcote Street, South Shields within a radius of 370 metres over the last 2 years.
The most recent example is 88, Eglesfield Road, South Shields, NE33 5PU, a Leasehold flat which sold for £47,500 in Sep 2021.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Northcote Street, South Shields, NE33 has a total of 86 addresses. According to our analysis of all the public data, 11, Northcote Street, South Shields is the 82nd largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in NE33.
The closest station to 11, Northcote Street, South Shields is Northumberland Park (Tyne & Wear) station which is 7.8 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 11, Northcote Street, South Shields, 38.1% of property is privately rented and 36.3% 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 11, Northcote Street, South Shields, 14.7% of residents are recorded as possessing school level qualifications and 25.2% 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 11, Northcote Street, South Shields, the average age was 44.7 and the most common age was 62.
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 11, Northcote 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 11, Northcote Street, 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.