According to the public record, 3, Devonshire Street, South Shields is a period apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Devonshire Street, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
3, Devonshire Street, South Shields has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 2023.
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 3 Devonshire Street South Shields as £39,085 and the rental value as £283 per month giving an expected gross yield of 8.7%.
Over the last 12 months the sale value of 3 Devonshire Street South Shields has increased by £718 (1.8%) and its rental value has increased by £27 per month (9.6%).
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 3, Devonshire Street, South Shields is in very good condition we estimate a sale value of £41,040 and rental value of £297 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £36,349 and a rental value of £263 per month.
If you were able to purchase this property for the estimated value of £39,085, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £192 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, 3, Devonshire Street, South Shields was last sold on 01 Aug 2005 for £60,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Devonshire Street, South Shields within a radius of 630 metres over the last 2 years.
The most recent example is 28, Devonshire Street, South Shields, NE33 5SU, a Leasehold flat which sold for £39,500 in Feb 2012.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devonshire Street, South Shields, NE33 has a total of 50 addresses. According to our analysis of all the public data, 3, Devonshire Street, South Shields is the 26th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in NE33.
3, Devonshire Street, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jun 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 3, Devonshire Street, South Shields is Northumberland Park (Tyne & Wear) station which is 7.5 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 3, Devonshire 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 3, Devonshire 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 3, Devonshire 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 3, Devonshire 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 3, Devonshire 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.