According to the public record, 28, Masefield Drive, South Shields is a mid-century apartment with 381 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Masefield Drive, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
28, Masefield Drive, South Shields has no records in the Land Registry database and a single entry in the EPC database dated November 2010.
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 28 Masefield Drive South Shields as £45,334 and the rental value as £339 per month giving an expected gross yield of 9%.
Over the last 12 months the sale value of 28 Masefield Drive South Shields has increased by £1,074 (2.4%) and its rental value has increased by £32 per month (9.4%).
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 28, Masefield Drive, South Shields is in very good condition we estimate a sale value of £47,601 and rental value of £356 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £42,161 and a rental value of £315 per month.
If you were able to purchase this property for the estimated value of £45,334, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £223 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 1 sale of a property similar to 28, Masefield Drive, South Shields within a radius of 530 metres over the last 2 years.
The most recent example is 12, Richardson Avenue, South Shields, NE34 9RR, a Leasehold flat which sold for £50,000 in Apr 2010.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Masefield Drive, South Shields, NE34 has a total of 169 addresses. According to our analysis of all the public data, 28, Masefield Drive, South Shields is the 153rd largest and the 141st most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in NE34.
28, Masefield Drive, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Nov 2010.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 28, Masefield Drive, South Shields is Heworth station which is 6.8 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 28, Masefield Drive, South Shields, 39.4% of property is socially rented and 28.5% 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 28, Masefield Drive, South Shields, 19.3% of residents are recorded as possessing school level qualifications and 16.4% 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 28, Masefield Drive, South Shields, the average age was 36.7 and the most common age was 2.
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 28, Masefield Drive, 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 28, Masefield Drive, South Shields, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.