According to the public record, 18, Cleadon Towers, South Shields is a modern freehold house with 2,195 ft2 of internal area and sits on a 619 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Cleadon Towers, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
18, Cleadon Towers, South Shields has a single entry in the Land Registry database from August 2017 and a single entry in the EPC database dated March 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 18 Cleadon Towers South Shields as £684,054 and the rental value as £1,694 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 18 Cleadon Towers South Shields has increased by £1,930 (0.3%) and its rental value has increased by £136 per month (8.1%).
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 18, Cleadon Towers, South Shields is in very good condition we estimate a sale value of £718,257 and rental value of £1,779 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £636,170 and a rental value of £1,575 per month.
If you were able to purchase this property for the estimated value of £684,054, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,362 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, 18, Cleadon Towers, South Shields sits on a plot of 619m2.
We have plot size data on 13 out of 19 other houses in the postcode and 18, Cleadon Towers, South Shields sits on the 13th largest plot.
According to HM Land Registry, 18, Cleadon Towers, South Shields was last sold on 25 Aug 2017 for £490,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2017, the market for similar properties has risen 20.7%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 18, Cleadon Towers, South Shields within a radius of 720 metres over the last 2 years.
The most recent example is 14, Cleadon Towers, South Shields, NE34 8EN, a Freehold house which sold for £500,000 in Oct 2014.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cleadon Towers, South Shields, NE34 has a total of 19 addresses. According to our analysis of all the public data, 18, Cleadon Towers, South Shields is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £542k more expensive than the average property in NE34.
18, Cleadon Towers, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Mar 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 18, Cleadon Towers, South Shields is Sunderland station which is 6.9 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 18, Cleadon Towers, South Shields, 60.4% of property is socially rented and 26.9% 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 18, Cleadon Towers, South Shields, 5.4% of residents are recorded as possessing school level qualifications and 20.0% 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 18, Cleadon Towers, 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 18, Cleadon Towers, 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 18, Cleadon Towers, South Shields, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.