According to the public record, 23, Albany Street West, South Shields is a period freehold house with 775 ft2 of internal area and sits on a 63.8 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Albany Street West, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
23, Albany Street West, South Shields has 31 entries in the Land Registry database, most recently in September 2016 and a single entry in the EPC database dated July 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 23 Albany Street West South Shields as £112,843 and the rental value as £687 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 23 Albany Street West South Shields has increased by £3,356 (3.0%) and its rental value has increased by £75 per month (10.9%).
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 23, Albany Street West, South Shields is in very good condition we estimate a sale value of £118,485 and rental value of £721 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,944 and a rental value of £639 per month.
If you were able to purchase this property for the estimated value of £112,843, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £555 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, 23, Albany Street West, South Shields sits on a plot of 64m2.
We have plot size data on 6 out of 6 other houses in the postcode and 23, Albany Street West, South Shields sits on the 17th largest plot.
According to HM Land Registry, 23, Albany Street West, South Shields was last sold on 09 Sep 2016 for £82,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2016, the market for similar properties has risen 27.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Albany Street West, South Shields within a radius of 370 metres over the last 2 years.
The most recent example is 36, Albany Street West, South Shields, NE33 4BE, a Leasehold house which sold for £80,000 in Aug 2022.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albany Street West, South Shields, NE33 has a total of 40 addresses. According to our analysis of all the public data, 23, Albany Street West, South Shields is the 20th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in NE33.
23, Albany Street West, South Shields has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Jul 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 23, Albany Street West, South Shields is Northumberland Park (Tyne & Wear) station which is 7.9 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 23, Albany Street West, South Shields, 37.5% of property is privately owned outright and 32.1% 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 23, Albany Street West, South Shields, 12.8% of residents are recorded as possessing school level qualifications and 32.2% 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 23, Albany Street West, South Shields, the average age was 44.3 and the most common age was 52.
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 23, Albany Street West, South Shields, 2.4% 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 23, Albany Street West, South Shields, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.