According to the public record, 245, Bamburgh Avenue, South Shields is a mid-century apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Bamburgh Avenue, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
245, Bamburgh Avenue, South Shields has no records in the Land Registry database and a single entry in the EPC database dated January 2014.
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 245 Bamburgh Avenue South Shields as £58,331 and the rental value as £393 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of 245 Bamburgh Avenue South Shields has increased by £990 (1.7%) and its rental value has increased by £37 per month (9.5%).
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 245, Bamburgh Avenue, South Shields is in very good condition we estimate a sale value of £61,248 and rental value of £413 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £54,248 and a rental value of £366 per month.
If you were able to purchase this property for the estimated value of £58,331, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £287 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 the Land Registry and our network of Estate Agents, there have been 3 property sales within a 630 metres radius of 245, Bamburgh Avenue, South Shields over the last 2 years.
The most recent example is 257, Bamburgh Avenue, South Shields, NE33 3HX, a Freehold house which sold for £99,220 in Jan 2019.
Read more about house prices in NE33.
Bamburgh Avenue, South Shields, NE33 has a total of 154 addresses. According to our analysis of all the public data, 245, Bamburgh Avenue, South Shields is the 149th largest and the 149th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in NE33.
245, Bamburgh Avenue, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jan 2014.
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 245, Bamburgh Avenue, South Shields is Northumberland Park (Tyne & Wear) station which is 8.5 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 245, Bamburgh Avenue, South Shields, 48.8% of property is privately owned outright and 28.0% 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 245, Bamburgh Avenue, South Shields, 9.6% of residents are recorded as possessing school level qualifications and 26.4% 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 245, Bamburgh Avenue, South Shields, the average age was 43.9 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 245, Bamburgh Avenue, South Shields, 0.9% 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 245, Bamburgh Avenue, 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.