According to the public record, 13, Wells Grove, South Shields is a mid-century leasehold house with 721 ft2 of internal area and sits on a 902 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wells Grove, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
13, Wells Grove, South Shields has 41 entries in the Land Registry database, most recently in May 2018 and a single entry in the EPC database dated July 2010.
We combine this information with that 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 13 Wells Grove South Shields as £173,705 and the rental value as £789 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 13 Wells Grove South Shields has increased by £1,599 (0.9%) and its rental value has increased by £69 per month (8.7%).
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 13, Wells Grove, South Shields is in very good condition we estimate a sale value of £182,390 and rental value of £828 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £161,546 and a rental value of £734 per month.
If you were able to purchase this property for the estimated value of £173,705, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £854 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 data from HM Land Registry, 13, Wells Grove, South Shields sits on a plot of 902m2.
We have plot size data on 20 out of 26 other houses in the postcode and 13, Wells Grove, South Shields sits on the largest plot.
According to HM Land Registry, 13, Wells Grove, South Shields was last sold on 25 May 2018 for £132,500 and was recorded as a leasehold house.
The property has had 4 sales since 1995.
Since May 2018, the market for similar properties has risen 19.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Wells Grove, South Shields within a radius of 510 metres over the last 2 years.
The most recent example is 21, Harton Rise, South Shields, NE34 6DY, a Freehold house which sold for £159,000 in Apr 2021.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wells Grove, South Shields, NE34 has a total of 26 addresses. According to our analysis of all the public data, 13, Wells Grove, South Shields is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £32k more expensive than the average property in NE34.
13, Wells Grove, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jul 2010.
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 13, Wells Grove, South Shields is Sunderland station which is 8.7 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 13, Wells Grove, South Shields, 58.7% of property is privately owned outright and 35.7% 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 13, Wells Grove, South Shields, 11.4% of residents are recorded as possessing school level qualifications and 34.5% 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 13, Wells Grove, South Shields, the average age was 48.1 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 13, Wells Grove, 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 13, Wells Grove, South Shields, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.