According to the public record, 242, Marshall Wallis Road, South Shields is a period leasehold house with 769 ft2 of internal area and sits on a 105 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Marshall Wallis Road, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
242, Marshall Wallis Road, South Shields has 21 entries in the Land Registry database, most recently in March 2007 and a single entry in the EPC database dated September 2016.
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 242 Marshall Wallis Road South Shields as £99,530 and the rental value as £607 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 242 Marshall Wallis Road South Shields has increased by £2,517 (2.5%) and its rental value has increased by £62 per month (10.3%).
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 242, Marshall Wallis Road, South Shields is in very good condition we estimate a sale value of £104,507 and rental value of £637 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £92,563 and a rental value of £565 per month.
If you were able to purchase this property for the estimated value of £99,530, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £489 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, 242, Marshall Wallis Road, South Shields sits on a plot of 105m2.
We have plot size data on 8 out of 15 other houses in the postcode and 242, Marshall Wallis Road, South Shields sits on the 7th largest plot.
According to HM Land Registry, 242, Marshall Wallis Road, South Shields was last sold on 09 Mar 2007 for £70,950 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Mar 2007, the market for similar properties has risen 12.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 242, Marshall Wallis Road, South Shields within a radius of 380 metres over the last 2 years.
The most recent example is 142, Marshall Wallis Road, South Shields, NE33 5PR, a Freehold house which sold for £85,000 in Nov 2023.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marshall Wallis Road, South Shields, NE33 has a total of 192 addresses. According to our analysis of all the public data, 242, Marshall Wallis Road, South Shields is the 55th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in NE33.
242, Marshall Wallis Road, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Sep 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 242, Marshall Wallis Road, South Shields is Northumberland Park (Tyne & Wear) station which is 7.6 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 242, Marshall Wallis Road, South Shields, 48.3% of property is privately rented and 25.8% is socially 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 242, Marshall Wallis Road, South Shields, 21.0% of residents are recorded as possessing school level qualifications and 27.9% 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 242, Marshall Wallis Road, 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 242, Marshall Wallis Road, 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 242, Marshall Wallis Road, South Shields, there are an average of 0.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.