According to the public record, 174, Laygate, South Shields is a period freehold house with 2,174 ft2 of internal area and sits on a 146 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Laygate, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
174, Laygate, South Shields has 2 entries in the Land Registry database, most recently in March 2014 and a single entry in the EPC database dated November 2012.
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 174 Laygate South Shields as £185,756 and the rental value as £881 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 174 Laygate South Shields has increased by £2,641 (1.4%) and its rental value has increased by £80 per month (9.1%).
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 174, Laygate, South Shields is in very good condition we estimate a sale value of £195,044 and rental value of £925 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,753 and a rental value of £819 per month.
If you were able to purchase this property for the estimated value of £185,756, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £913 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, 174, Laygate, South Shields sits on a plot of 146m2.
We have plot size data on 3 out of 6 other houses in the postcode and 174, Laygate, South Shields sits on the 4th largest plot.
According to HM Land Registry, 174, Laygate, South Shields was last sold on 21 Mar 2014 for £150,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2014, the market for similar properties has risen 29.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 380 metres radius of 174, Laygate, South Shields over the last 2 years.
The most recent example is 176, Laygate, South Shields, NE33 4JD, a Freehold house which sold for £150,000 in May 2020.
Read more about house prices in NE33.
Laygate, South Shields, NE33 has a total of 144 addresses. According to our analysis of all the public data, 174, Laygate, South Shields is the 2nd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £44k more expensive than the average property in NE33.
174, Laygate, South Shields has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Nov 2012.
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 174, Laygate, South Shields is Northumberland Park (Tyne & Wear) station which is 7.5 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 174, Laygate, South Shields, 58.6% of property is privately rented and 15.2% 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 174, Laygate, South Shields, 22.4% of residents are recorded as possessing school level qualifications and 23.0% 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 174, 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 174, 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 174, 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.