According to the public record, 2, Pears Terrace, Shildon is a period freehold house and with 957 ft2 of internal area and sits on a 142 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Pears Terrace, Shildon, DL4 is located within the DL4 postal district.
2, Pears Terrace, Shildon has a single entry in the Land Registry database from October 2020 and no records in the EPC database.
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 2 Pears Terrace Shildon as £70,537 and the rental value as £469 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of 2 Pears Terrace Shildon has increased by £3,286 (4.7%) and its rental value has increased by £60 per month (12.8%).
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 2, Pears Terrace, Shildon is in very good condition we estimate a sale value of £74,064 and rental value of £492 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £65,600 and a rental value of £436 per month.
If you were able to purchase this property for the estimated value of £70,537, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £347 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, 2, Pears Terrace, Shildon sits on a plot of 142m2.
We have plot size data on 11 out of 16 other houses in the postcode and 2, Pears Terrace, Shildon sits on the 2nd largest plot.
According to HM Land Registry, 2, Pears Terrace, Shildon was last sold on 02 Oct 2020 for £32,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2020, the market for similar properties has risen 16.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Pears Terrace, Shildon within a radius of 140m over the last 2 years.
The most recent example is 64, Redworth Road, Shildon, DL4 2JJ, a Freehold house which sold for £64,000 in Feb 2024.
Read more about house prices in DL4.
Pears Terrace, Shildon, DL4 has a total of 16 addresses. According to our analysis of all the public data, 2, Pears Terrace, Shildon is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in DL4.
2, Pears Terrace, Shildon has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jun 2020.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 2, Pears Terrace, Shildon is Shildon station which is 400 m 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 2, Pears Terrace, Shildon, 35.6% of property is privately owned outright and 26.7% 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 2, Pears Terrace, Shildon, 19.1% of residents are recorded as possessing school level qualifications and 22.7% 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 2, Pears Terrace, Shildon, the average age was 42.1 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 2, Pears Terrace, Shildon, 0.7% 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 2, Pears Terrace, Shildon, 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.