According to the public record, 26, Madeira Terrace, South Shields is a period freehold house with 886 ft2 of internal area and sits on a 137 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Madeira Terrace, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
26, Madeira Terrace, South Shields has 2 entries in the Land Registry database, most recently in November 2007 and a single entry in the EPC database dated February 2023.
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 26 Madeira Terrace South Shields as £142,718 and the rental value as £775 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 26 Madeira Terrace South Shields has increased by £2,093 (1.5%) and its rental value has increased by £72 per month (9.2%).
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 26, Madeira Terrace, South Shields is in very good condition we estimate a sale value of £149,854 and rental value of £814 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,728 and a rental value of £721 per month.
If you were able to purchase this property for the estimated value of £142,718, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £701 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, 26, Madeira Terrace, South Shields sits on a plot of 137m2.
We have plot size data on 18 out of 28 other houses in the postcode and 26, Madeira Terrace, South Shields sits on the 2nd largest plot.
According to HM Land Registry, 26, Madeira Terrace, South Shields was last sold on 30 Nov 2007 for £114,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2007, the market for similar properties has risen 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Madeira Terrace, South Shields within a radius of 350 metres over the last 2 years.
The most recent example is 24, Darras Court, South Shields, NE33 4HT, a Freehold house which sold for £142,000 in Aug 2023.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Madeira Terrace, South Shields, NE33 has a total of 28 addresses. According to our analysis of all the public data, 26, Madeira Terrace, South Shields is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £709 more expensive than the average property in NE33.
26, Madeira Terrace, South Shields has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Feb 2023.
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 26, Madeira Terrace, South Shields is Northumberland Park (Tyne & Wear) station which is 7.7 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 26, Madeira Terrace, South Shields, 34.1% of property is privately owned with a mortgage and 28.3% is privately owned outright.
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 26, Madeira Terrace, South Shields, 17.0% of residents are recorded as possessing school level qualifications and 28.7% 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 26, Madeira Terrace, South Shields, the average age was 44.7 and the most common age was 62.
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 26, Madeira Terrace, 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 26, Madeira Terrace, 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.