According to the public record, 25, Fraser Close, South Shields is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 905 ft2 of internal area and sits on a 199 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Fraser Close, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
25, Fraser Close, South Shields has a single entry in the Land Registry database from March 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 25 Fraser Close South Shields as £184,699 and the rental value as £821 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 25 Fraser Close South Shields has increased by £4,749 (2.6%) and its rental value has increased by £85 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 25, Fraser Close, South Shields is in very good condition we estimate a sale value of £193,934 and rental value of £862 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,770 and a rental value of £764 per month.
If you were able to purchase this property for the estimated value of £184,699, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £908 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, 25, Fraser Close, South Shields sits on a plot of 199m2.
We have plot size data on 22 out of 27 other houses in the postcode and 25, Fraser Close, South Shields sits on the 7th largest plot.
According to HM Land Registry, 25, Fraser Close, South Shields was last sold on 09 Mar 2007 for £140,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Mar 2007, the market for similar properties has risen 11.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Fraser Close, South Shields within a radius of 500 metres over the last 2 years.
The most recent example is 9, Harvey Close, South Shields, NE33 5EN, a Freehold house which sold for £190,000 in Oct 2023.
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, 25, Fraser Close, South Shields is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in NE33.
The closest station to 25, 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 25, 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 25, 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 25, 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 25, 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 25, 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.