According to the public record, 16, Sandstone Close, South Shields is a mid-century freehold house with 710 ft2 of internal area and sits on a 515 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Sandstone Close, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
16, Sandstone Close, South Shields has a single entry in the Land Registry database from May 2015 and a single entry in the EPC database dated April 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 16 Sandstone Close South Shields as £214,041 and the rental value as £794 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 16 Sandstone Close South Shields has increased by £7,232 (3.4%) and its rental value has increased by £83 per month (10.5%).
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 16, Sandstone Close, South Shields is in very good condition we estimate a sale value of £224,743 and rental value of £833 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,058 and a rental value of £738 per month.
If you were able to purchase this property for the estimated value of £214,041, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,052 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, 16, Sandstone Close, South Shields sits on a plot of 515m2.
We have plot size data on 7 out of 12 other houses in the postcode and 16, Sandstone Close, South Shields sits on the 4th largest plot.
According to HM Land Registry, 16, Sandstone Close, South Shields was last sold on 28 May 2015 for £195,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2015, the market for similar properties has risen 32.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Sandstone Close, South Shields within a radius of 510 metres over the last 2 years.
The most recent example is 12, Sandstone Close, South Shields, NE34 9JX, a Freehold house which sold for £180,000 in Sep 2019.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sandstone Close, South Shields, NE34 has a total of 12 addresses. According to our analysis of all the public data, 16, Sandstone Close, South Shields is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £72k more expensive than the average property in NE34.
16, Sandstone Close, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Apr 2015.
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 16, Sandstone Close, South Shields is Heworth station which is 6.4 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 16, Sandstone Close, South Shields, 42.1% of property is privately owned with a mortgage and 41.4% is privately owned outright.
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 16, Sandstone Close, South Shields, 11.5% of residents are recorded as possessing school level qualifications and 25.6% 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 16, Sandstone Close, South Shields, the average age was 36.7 and the most common age was 2.
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 16, Sandstone Close, South Shields, 1.8% 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 16, Sandstone Close, South Shields, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.