According to the public record, 175, Sunderland Road, South Shields is a period leasehold apartment with 1,237 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Sunderland Road, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
175, Sunderland Road, South Shields has 2 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated July 2018.
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 175 Sunderland Road South Shields as £92,074 and the rental value as £615 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of 175 Sunderland Road South Shields has increased by £1,928 (2.1%) and its rental value has increased by £61 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 175, Sunderland Road, South Shields is in very good condition we estimate a sale value of £96,678 and rental value of £645 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £85,629 and a rental value of £572 per month.
If you were able to purchase this property for the estimated value of £92,074, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £453 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, 175, Sunderland Road, South Shields was last sold on 30 Nov 2020 for £75,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2020, the market for similar properties has risen 8.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 175, Sunderland Road, South Shields within a radius of 550 metres over the last 2 years.
The most recent example is 173A, Sunderland Road, South Shields, NE34 6AD, a Leasehold flat which sold for £85,000 in May 2023.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sunderland Road, South Shields, NE34 has a total of 287 addresses. According to our analysis of all the public data, 175, Sunderland Road, South Shields is the 125th largest and the 271st most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in NE34.
175, Sunderland Road, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Jul 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 175, Sunderland Road, South Shields is Sunderland station which is 8.2 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 175, Sunderland Road, South Shields, 64.3% of property is privately owned outright and 24.8% 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 175, Sunderland Road, South Shields, 9.6% of residents are recorded as possessing school level qualifications and 37.0% 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 175, Sunderland Road, 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 175, Sunderland Road, South Shields, 0.4% 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 175, Sunderland Road, South Shields, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.