According to the public record, 192, Western Approach, South Shields is a mid-century apartment with 815 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Western Approach, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
192, Western Approach, South Shields has no records in the Land Registry database and a single entry in the EPC database dated April 2010.
We combine this information with public data 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 192 Western Approach South Shields as £54,823 and the rental value as £400 per month giving an expected gross yield of 8.8%.
Over the last 12 months the sale value of 192 Western Approach South Shields has increased by £1,250 (2.3%) and its rental value has increased by £37 per month (9.2%).
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 192, Western Approach, South Shields is in very good condition we estimate a sale value of £57,564 and rental value of £420 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £50,985 and a rental value of £372 per month.
If you were able to purchase this property for the estimated value of £54,823, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £269 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 192, Western Approach, South Shields within a radius of 520 metres over the last 2 years.
The most recent example is 186, Western Approach, South Shields, NE33 5DP, a Leasehold flat which sold for £65,000 in Oct 2023.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Western Approach, South Shields, NE33 has a total of 77 addresses. According to our analysis of all the public data, 192, Western Approach, South Shields is the 12th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in NE33.
192, Western Approach, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Apr 2010.
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 192, Western Approach, South Shields is Northumberland Park (Tyne & Wear) station which is 7.1 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 192, Western Approach, South Shields, 63.4% of property is socially rented and 14.2% is privately rented.
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 192, Western Approach, South Shields, 23.9% of residents are recorded as possessing school level qualifications and 12.6% 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 192, Western Approach, 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 192, Western Approach, 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 192, Western Approach, 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.