According to the public record, 18, Wadham Terrace, South Shields is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 963 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Wadham Terrace, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
18, Wadham Terrace, South Shields has a single entry in the Land Registry database from May 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 18 Wadham Terrace South Shields as £94,332 and the rental value as £540 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 18 Wadham Terrace South Shields has increased by £2,753 (2.9%) and its rental value has increased by £58 per month (10.8%).
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, Wadham Terrace, South Shields is in very good condition we estimate a sale value of £99,049 and rental value of £567 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,729 and a rental value of £502 per month.
If you were able to purchase this property for the estimated value of £94,332, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £464 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, 18, Wadham Terrace, South Shields was last sold on 16 May 2008 for £86,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2008, the market for similar properties has risen 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Wadham Terrace, South Shields within a radius of 490 metres over the last 2 years.
The most recent example is 18, Alnwick Road, South Shields, NE34 0LB, a Freehold house which sold for £84,000 in Nov 2023.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wadham Terrace, South Shields, NE34 has a total of 20 addresses. According to our analysis of all the public data, 18, Wadham Terrace, South Shields is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in NE34.
The closest station to 18, Wadham Terrace, South Shields is Heworth station which is 7.7 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, Wadham Terrace, South Shields, 35.9% of property is privately rented and 28.1% 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, Wadham Terrace, South Shields, 13.6% of residents are recorded as possessing school level qualifications and 18.6% 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 18, Wadham Terrace, South Shields, the average age was 42.3 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, Wadham Terrace, South Shields, 0.9% 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, Wadham Terrace, South Shields, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.