According to the public record, 127, Coston Drive, South Shields is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 901 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Coston Drive, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
127, Coston Drive, South Shields has 31 entries in the Land Registry database, most recently in October 2007 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 127 Coston Drive South Shields as £59,795 and the rental value as £428 per month giving an expected gross yield of 8.6%.
Over the last 12 months the sale value of 127 Coston Drive South Shields has increased by £1,145 (1.9%) and its rental value has increased by £39 per month (9.0%).
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 127, Coston Drive, South Shields is in very good condition we estimate a sale value of £62,785 and rental value of £449 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £55,610 and a rental value of £398 per month.
If you were able to purchase this property for the estimated value of £59,795, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £294 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, 127, Coston Drive, South Shields was last sold on 10 Oct 2007 for £78,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2007, the market for similar properties has risen 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 127, Coston Drive, South Shields within a radius of 480 metres over the last 2 years.
The most recent example is 23, Morton Walk, South Shields, NE33 2EA, a Leasehold flat which sold for £50,000 in Mar 2024.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coston Drive, South Shields, NE33 has a total of 86 addresses. According to our analysis of all the public data, 127, Coston Drive, South Shields is the 37th largest and the 79th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in NE33.
The closest station to 127, Coston Drive, South Shields is Northumberland Park (Tyne & Wear) station which is 6.7 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 127, Coston Drive, South Shields, 44.6% of property is socially rented and 22.8% is privately owned with a mortgage.
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 127, Coston Drive, South Shields, 30.5% of residents are recorded as possessing school level qualifications and 22.1% 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 127, Coston Drive, 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 127, Coston Drive, 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 127, Coston Drive, 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.