According to the public record, 14, Parkshiel, South Shields is a modern freehold house with 1,668 ft2 of internal area and sits on a 681 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Parkshiel, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
14, Parkshiel, South Shields has 21 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated June 2022.
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 Parkshiel South Shields as £492,106 and the rental value as £1,187 per month giving an expected gross yield of 2.9%.
Over the last 12 months the sale value of 14 Parkshiel South Shields has increased by £1,649 (0.3%) and its rental value has increased by £95 per month (8.0%).
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, Parkshiel, South Shields is in very good condition we estimate a sale value of £516,711 and rental value of £1,246 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £457,658 and a rental value of £1,103 per month.
If you were able to purchase this property for the estimated value of £492,106, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,419 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, Parkshiel, South Shields sits on a plot of 681m2.
We have plot size data on 22 out of 43 other houses in the postcode and 14, Parkshiel, South Shields sits on the 8th largest plot.
According to HM Land Registry, 14, Parkshiel, South Shields was last sold on 21 Oct 2022 for £550,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2022, the market for similar properties has dropped 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Parkshiel, South Shields within a radius of 620 metres over the last 2 years.
The most recent example is 33, Parkshiel, South Shields, NE34 8BU, a Freehold house which sold for £440,000 in Sep 2020.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkshiel, South Shields, NE34 has a total of 43 addresses. According to our analysis of all the public data, 14, Parkshiel, South Shields is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £350k more expensive than the average property in NE34.
14, Parkshiel, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2022.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 14, Parkshiel, South Shields is Sunderland station which is 7.0 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, Parkshiel, South Shields, 67.4% of property is privately owned outright and 29.6% 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, Parkshiel, South Shields, 11.6% of residents are recorded as possessing school level qualifications and 43.3% 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, Parkshiel, South Shields, the average age was 42.5 and the most common age was 57.
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, Parkshiel, South Shields, 1.3% 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, Parkshiel, South Shields, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.