According to the public record, 14, Bright Street, South Shields is a period freehold house with 1,291 ft2 of internal area and sits on a 85 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Bright Street, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
14, Bright Street, South Shields has 51 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated September 2018.
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 14 Bright Street South Shields as £153,975 and the rental value as £798 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 14 Bright Street South Shields has increased by £204 (0.1%) and its rental value has increased by £60 per month (7.6%).
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 14, Bright Street, South Shields is in very good condition we estimate a sale value of £161,674 and rental value of £838 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,197 and a rental value of £742 per month.
If you were able to purchase this property for the estimated value of £153,975, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £757 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, 14, Bright Street, South Shields sits on a plot of 85m2.
We have plot size data on 7 out of 16 other houses in the postcode and 14, Bright Street, South Shields sits on the 7th largest plot.
According to HM Land Registry, 14, Bright Street, South Shields was last sold on 09 Feb 2022 for £156,500 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Feb 2022, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Bright Street, South Shields within a radius of 430 metres over the last 2 years.
The most recent example is 3, Bright Street, South Shields, NE33 2TF, a Freehold house which sold for £127,500 in Jun 2023.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bright Street, South Shields, NE33 has a total of 19 addresses. According to our analysis of all the public data, 14, Bright Street, South Shields is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in NE33.
14, Bright Street, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 2018.
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 14, Bright Street, South Shields is Northumberland Park (Tyne & Wear) station which is 7.4 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 14, Bright Street, South Shields, 35.2% of property is privately owned outright and 32.4% 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 14, Bright Street, South Shields, 19.2% of residents are recorded as possessing school level qualifications and 36.2% 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 14, Bright Street, 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 14, Bright Street, 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 14, Bright Street, South Shields, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.