According to the public record, 24, Fraser Close, South Shields is a modern house with 721 ft2 of internal area and sits on a 127 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fraser Close, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
24, Fraser Close, South Shields has no records in the Land Registry database and a single entry in the EPC database dated December 2020.
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 24 Fraser Close South Shields as £166,153 and the rental value as £784 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 24 Fraser Close South Shields has increased by £4,272 (2.6%) and its rental value has increased by £81 per month (10.4%).
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 24, Fraser Close, South Shields is in very good condition we estimate a sale value of £174,461 and rental value of £823 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,523 and a rental value of £729 per month.
If you were able to purchase this property for the estimated value of £166,153, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £817 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, 24, Fraser Close, South Shields sits on a plot of 127m2.
We have plot size data on 22 out of 27 other houses in the postcode and 24, Fraser Close, South Shields sits on the 19th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Fraser Close, South Shields within a radius of 510 metres over the last 2 years.
The most recent example is 1, Fraser Close, South Shields, NE33 5AT, a Freehold house which sold for £134,500 in Nov 2020.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fraser Close, South Shields, NE33 has a total of 27 addresses. According to our analysis of all the public data, 24, Fraser Close, South Shields is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £24k more expensive than the average property in NE33.
24, Fraser Close, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Dec 2020.
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 24, Fraser Close, South Shields is Northumberland Park (Tyne & Wear) station which is 7.4 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 24, Fraser Close, South Shields, 38.2% of property is privately owned outright and 23.6% 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 24, Fraser Close, South Shields, 8.9% of residents are recorded as possessing school level qualifications and 19.3% 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 24, Fraser Close, 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 24, Fraser Close, 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 24, Fraser Close, 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.