According to the public record, 126, Marshall Wallis Road, South Shields is a period apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Marshall Wallis Road, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
126, Marshall Wallis Road, South Shields has no records in the Land Registry database and a single entry in the EPC database dated February 2021.
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 126 Marshall Wallis Road South Shields as £49,957 and the rental value as £370 per month giving an expected gross yield of 8.9%.
Over the last 12 months the sale value of 126 Marshall Wallis Road South Shields has increased by £915 (1.8%) and its rental value has increased by £35 per month (9.5%).
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 126, Marshall Wallis Road, South Shields is in very good condition we estimate a sale value of £52,455 and rental value of £388 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £46,460 and a rental value of £344 per month.
If you were able to purchase this property for the estimated value of £49,957, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £246 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 126, Marshall Wallis Road, South Shields within a radius of 400 metres over the last 2 years.
The most recent example is 44, Marshall Wallis Road, South Shields, NE33 5PD, a Leasehold flat which sold for £32,750 in Oct 2022.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marshall Wallis Road, South Shields, NE33 has a total of 192 addresses. According to our analysis of all the public data, 126, Marshall Wallis Road, South Shields is the 147th largest and the 176th most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in NE33.
126, Marshall Wallis Road, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Feb 2021.
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 126, Marshall Wallis Road, South Shields is Northumberland Park (Tyne & Wear) station which is 7.5 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 126, Marshall Wallis Road, South Shields, 48.3% of property is privately rented and 25.8% 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 126, Marshall Wallis Road, South Shields, 21.0% of residents are recorded as possessing school level qualifications and 27.9% 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 126, Marshall Wallis Road, 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 126, Marshall Wallis 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 126, Marshall Wallis Road, South Shields, there are an average of 0.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.