According to the public record, 2, Pinewood Villas, South Shields is a modern freehold house with 1,585 ft2 of internal area and sits on a 290 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Pinewood Villas, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
2, Pinewood Villas, South Shields has 21 entries in the Land Registry database, most recently in September 2011 and a single entry in the EPC database dated August 2010.
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 Pinewood Villas South Shields as £275,490 and the rental value as £921 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 2 Pinewood Villas South Shields has increased by £739 (0.3%) and its rental value has increased by £74 per month (8.0%).
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 2, Pinewood Villas, South Shields is in very good condition we estimate a sale value of £289,265 and rental value of £967 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £256,206 and a rental value of £857 per month.
If you were able to purchase this property for the estimated value of £275,490, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,354 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, Pinewood Villas, South Shields sits on a plot of 290m2.
We have plot size data on 3 out of 4 other houses in the postcode and 2, Pinewood Villas, South Shields sits on the 3rd largest plot.
According to HM Land Registry, 2, Pinewood Villas, South Shields was last sold on 16 Sep 2011 for £210,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2011, the market for similar properties has risen 29.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Pinewood Villas, South Shields within a radius of 490 metres over the last 2 years.
The most recent example is 6, Fairholme Avenue, South Shields, NE34 6DB, a Freehold house which sold for £225,000 in Jan 2022.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pinewood Villas, South Shields, NE34 has a total of 4 addresses. According to our analysis of all the public data, 2, Pinewood Villas, South Shields is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £133k more expensive than the average property in NE34.
2, Pinewood Villas, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 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 2, Pinewood Villas, 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 2, Pinewood Villas, South Shields, 36.4% of property is privately owned outright and 32.2% 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 2, Pinewood Villas, South Shields, 21.4% of residents are recorded as possessing school level qualifications and 23.1% 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, Pinewood Villas, 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 2, Pinewood Villas, South Shields, 1.1% 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, Pinewood Villas, South Shields, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.