According to the public record, 124, Chesterton Road, South Shields is a mid-century house with 871 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chesterton Road, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
124, Chesterton Road, South Shields has no records in the Land Registry database and a single entry in the EPC database dated February 2022.
We combine this information with public data 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 124 Chesterton Road South Shields as £105,667 and the rental value as £624 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 124 Chesterton Road South Shields has increased by £3,322 (3.1%) and its rental value has increased by £66 per month (10.6%).
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 124, Chesterton Road, South Shields is in very good condition we estimate a sale value of £110,950 and rental value of £655 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £98,270 and a rental value of £580 per month.
If you were able to purchase this property for the estimated value of £105,667, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £519 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 124, Chesterton Road, South Shields within a radius of 500 metres over the last 2 years.
The most recent example is 18, Burns Close, South Shields, NE34 9LA, a Freehold house which sold for £105,000 in Jul 2023.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chesterton Road, South Shields, NE34 has a total of 108 addresses. According to our analysis of all the public data, 124, Chesterton Road, South Shields is the 62nd largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in NE34.
124, Chesterton Road, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Feb 2022.
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 124, Chesterton Road, South Shields is Sunderland station which is 7.3 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 124, Chesterton Road, South Shields, 50.7% of property is socially rented and 24.3% is privately 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 124, Chesterton Road, South Shields, 18.5% of residents are recorded as possessing school level qualifications and 17.9% 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 124, Chesterton Road, South Shields, the average age was 36.7 and the most common age was 2.
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 124, Chesterton Road, 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 124, Chesterton Road, 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.