According to the public record, 114, Brass Thill Way, South Shields is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 544 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Brass Thill Way, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
114, Brass Thill Way, South Shields has 2 entries in the Land Registry database, most recently in April 2014 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 114 Brass Thill Way South Shields as £117,889 and the rental value as £637 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 114 Brass Thill Way South Shields has increased by £2,545 (2.2%) and its rental value has increased by £62 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 114, Brass Thill Way, South Shields is in very good condition we estimate a sale value of £123,783 and rental value of £669 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,637 and a rental value of £592 per month.
If you were able to purchase this property for the estimated value of £117,889, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £579 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, 114, Brass Thill Way, South Shields was last sold on 09 Apr 2014 for £104,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2014, the market for similar properties has risen 20.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 114, Brass Thill Way, South Shields within a radius of 530 metres over the last 2 years.
The most recent example is 22, Brass Thill Way, South Shields, NE33 3NY, a Leasehold flat which sold for £113,500 in Oct 2023.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brass Thill Way, South Shields, NE33 has a total of 109 addresses. According to our analysis of all the public data, 114, Brass Thill Way, South Shields is the 91st largest and the 77th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in NE33.
114, Brass Thill Way, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 May 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 114, Brass Thill Way, South Shields is Northumberland Park (Tyne & Wear) station which is 7.7 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 114, Brass Thill Way, South Shields, 48.0% of property is privately owned with a mortgage and 30.4% 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 114, Brass Thill Way, South Shields, 20.2% of residents are recorded as possessing school level qualifications and 38.0% 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 114, Brass Thill Way, South Shields, the average age was 41.4 and the most common age was 42.
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 114, Brass Thill Way, South Shields, 0.8% 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 114, Brass Thill Way, South Shields, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.