According to the public record, 3, Nelson Avenue, South Shields is a mid-century freehold house with 1,259 ft2 of internal area and sits on a 248 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Nelson Avenue, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
3, Nelson Avenue, South Shields has a single entry in the Land Registry database from October 2011 and a single entry in the EPC database dated July 2023.
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 3 Nelson Avenue South Shields as £300,661 and the rental value as £1,000 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 3 Nelson Avenue South Shields has increased by £398 (0.1%) and its rental value has increased by £76 per month (7.6%).
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, Nelson Avenue, South Shields is in very good condition we estimate a sale value of £315,694 and rental value of £1,051 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £279,615 and a rental value of £930 per month.
If you were able to purchase this property for the estimated value of £300,661, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,478 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, 3, Nelson Avenue, South Shields sits on a plot of 248m2.
We have plot size data on 16 out of 22 other houses in the postcode and 3, Nelson Avenue, South Shields sits on the 4th largest plot.
According to HM Land Registry, 3, Nelson Avenue, South Shields was last sold on 26 Oct 2011 for £165,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2011, the market for similar properties has risen 39.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Nelson Avenue, South Shields within a radius of 560 metres over the last 2 years.
The most recent example is 6, Nelson Avenue, South Shields, NE33 2NJ, a Freehold house which sold for £315,000 in Mar 2022.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nelson Avenue, South Shields, NE33 has a total of 22 addresses. According to our analysis of all the public data, 3, Nelson Avenue, South Shields is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £159k more expensive than the average property in NE33.
3, Nelson Avenue, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jul 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, Nelson Avenue, 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, Nelson Avenue, South Shields, 46.7% of property is privately owned outright and 23.8% 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, Nelson Avenue, South Shields, 17.4% of residents are recorded as possessing school level qualifications and 27.0% 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, Nelson Avenue, South Shields, the average age was 41.4 and the most common age was 42.
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, Nelson Avenue, South Shields, 4.0% 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, Nelson Avenue, South Shields, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.