According to the public record, 3, Fairview Avenue, South Shields is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,328 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Fairview Avenue, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
3, Fairview Avenue, South Shields has 31 entries in the Land Registry database, most recently in June 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Fairview Avenue South Shields as £283,677 and the rental value as £881 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 3 Fairview Avenue South Shields has increased by £761 (0.3%) and its rental value has increased by £71 per month (8.0%).
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, Fairview Avenue, South Shields is in very good condition we estimate a sale value of £297,860 and rental value of £925 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £263,819 and a rental value of £820 per month.
If you were able to purchase this property for the estimated value of £283,677, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,394 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, Fairview Avenue, South Shields was last sold on 29 Jun 2018 for £195,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2018, the market for similar properties has risen 17.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Fairview Avenue, South Shields within a radius of 530 metres over the last 2 years.
The most recent example is 43, Mitchell Gardens, South Shields, NE34 6EF, a Freehold house which sold for £340,000 in Mar 2024.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairview Avenue, South Shields, NE34 has a total of 26 addresses. According to our analysis of all the public data, 3, Fairview Avenue, South Shields is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £142k more expensive than the average property in NE34.
The closest station to 3, Fairview Avenue, South Shields is Sunderland station which is 8.3 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, Fairview Avenue, South Shields, 64.3% of property is privately owned outright and 24.8% is privately owned with a mortgage.
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, Fairview Avenue, South Shields, 9.6% of residents are recorded as possessing school level qualifications and 37.0% 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 3, Fairview Avenue, South Shields, the average age was 48.1 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 3, Fairview Avenue, South Shields, 0.4% 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, Fairview Avenue, South Shields, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.