According to the public record, 14 Harton Lea, South Shields is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 805 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Harton Lea, North Avenue, South Shields, NE34.
North Avenue, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
14 Harton Lea, South Shields has 2 entries in the Land Registry database, most recently in July 2021 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 14 Harton Lea South Shields as £77,010 and the rental value as £524 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 14 Harton Lea South Shields has increased by £1,597 (2.1%) and its rental value has increased by £52 per month (10.0%).
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 14 Harton Lea, South Shields is in very good condition we estimate a sale value of £80,860 and rental value of £550 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £71,619 and a rental value of £488 per month.
If you were able to purchase this property for the estimated value of £77,010, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £378 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, 14 Harton Lea, South Shields was last sold on 23 Jul 2021 for £90,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2021, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14 Harton Lea, South Shields within a radius of 540 metres over the last 2 years.
The most recent example is 17 Harton Lea, North Avenue, South Shields, NE34 6AX, a Leasehold flat which sold for £96,000 in Nov 2007.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Avenue, South Shields, NE34 has a total of 44 addresses. According to our analysis of all the public data, 14 Harton Lea, South Shields is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £65k less expensive than the average property in NE34.
The closest station to 14 Harton Lea, South Shields is Sunderland station which is 8.0 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 Harton Lea, South Shields, 66.9% of property is privately owned outright and 27.8% 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 14 Harton Lea, South Shields, 17.0% of residents are recorded as possessing school level qualifications and 39.1% 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 14 Harton Lea, 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 14 Harton Lea, South Shields, 3.8% 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 Harton Lea, 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.