According to the public record, 29, Riverside Court, South Shields is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Riverside Court, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
29, Riverside Court, South Shields has 51 entries in the Land Registry database, most recently in July 2019 and a single entry in the EPC database dated March 2024.
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 29 Riverside Court South Shields as £109,968 and the rental value as £622 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 29 Riverside Court South Shields has increased by £2,447 (2.2%) and its rental value has increased by £57 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 29, Riverside Court, South Shields is in very good condition we estimate a sale value of £115,466 and rental value of £653 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,270 and a rental value of £578 per month.
If you were able to purchase this property for the estimated value of £109,968, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £540 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 HM Land Registry, 29, Riverside Court, South Shields was last sold on 26 Jul 2019 for £94,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jul 2019, the market for similar properties has risen 15.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Riverside Court, South Shields within a radius of 770 metres over the last 2 years.
The most recent example is 27, Riverside Court, South Shields, NE33 1EH, a Leasehold flat which sold for £108,000 in May 2024.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Riverside Court, South Shields, NE33 has a total of 24 addresses. According to our analysis of all the public data, 29, Riverside Court, South Shields is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in NE33.
29, Riverside Court, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Mar 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 29, Riverside Court, South Shields is Northumberland Park (Tyne & Wear) station which is 6.7 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 29, Riverside Court, South Shields, 50.5% of property is socially rented and 20.7% is privately 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 29, Riverside Court, South Shields, 14.6% of residents are recorded as possessing school level qualifications and 25.0% 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 29, Riverside Court, 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 29, Riverside Court, South Shields, 0.3% 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 29, Riverside Court, 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.