According to the public record, 15, Laygate, South Shields is a modern freehold house with 1,151 ft2 of internal area and sits on a 961 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Laygate, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
15, Laygate, South Shields has a single entry in the Land Registry database from July 2015 and a single entry in the EPC database dated July 2015.
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 15 Laygate South Shields as £181,995 and the rental value as £888 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 15 Laygate South Shields has increased by £1,354 (0.7%) and its rental value has increased by £73 per month (8.3%).
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 15, Laygate, South Shields is in very good condition we estimate a sale value of £191,094 and rental value of £933 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,255 and a rental value of £826 per month.
If you were able to purchase this property for the estimated value of £181,995, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £894 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, 15, Laygate, South Shields sits on a plot of 961m2.
We have plot size data on 16 out of 16 other houses in the postcode and 15, Laygate, South Shields sits on the 3rd largest plot.
According to HM Land Registry, 15, Laygate, South Shields was last sold on 31 Jul 2015 for £134,295 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2015, the market for similar properties has risen 24.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Laygate, South Shields within a radius of 470 metres over the last 2 years.
The most recent example is 21, Palace Close, South Shields, NE33 5EQ, a Freehold house which sold for £200,000 in Apr 2024.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laygate, South Shields, NE33 has a total of 144 addresses. According to our analysis of all the public data, 15, Laygate, South Shields is the 21st largest and the 9th most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in NE33.
15, Laygate, South Shields has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Jul 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 15, Laygate, South Shields is Northumberland Park (Tyne & Wear) 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 15, Laygate, South Shields, 35.8% of property is privately rented and 28.3% is socially 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 15, Laygate, South Shields, 22.8% of residents are recorded as possessing school level qualifications and 23.8% 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 15, Laygate, South Shields, the average age was 40.6 and the most common age was 32.
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 15, Laygate, 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 15, Laygate, 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.