According to the public record, 277, South Eldon Street, South Shields is a period leasehold house with 1,431 ft2 of internal area and sits on a 93.8 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
South Eldon Street, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
277, South Eldon Street, South Shields has 2 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated December 2018.
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 277 South Eldon Street South Shields as £111,130 and the rental value as £545 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 277 South Eldon Street South Shields has increased by £622 (0.6%) and its rental value has increased by £45 per month (8.2%).
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 277, South Eldon Street, South Shields is in very good condition we estimate a sale value of £116,687 and rental value of £573 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £103,351 and a rental value of £507 per month.
If you were able to purchase this property for the estimated value of £111,130, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £546 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, 277, South Eldon Street, South Shields sits on a plot of 94m2.
According to HM Land Registry, 277, South Eldon Street, South Shields was last sold on 13 Nov 2023 for £105,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2023, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 277, South Eldon Street, South Shields within a radius of 600 metres over the last 2 years.
The most recent example is 24, Lemon Street, South Shields, NE33 4RQ, a Freehold house which sold for £105,000 in Sep 2022.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Eldon Street, South Shields, NE33 has a total of 137 addresses. According to our analysis of all the public data, 277, South Eldon Street, South Shields is the 6th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in NE33.
277, South Eldon Street, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Dec 2018.
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 277, South Eldon Street, 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 277, South Eldon Street, South Shields, 44.8% of property is privately rented and 24.1% 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 277, South Eldon Street, South Shields, 13.4% of residents are recorded as possessing school level qualifications and 18.1% 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 277, South Eldon Street, South Shields, the average age was 42.1 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 277, South Eldon Street, 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 277, South Eldon Street, South Shields, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.