According to the public record, 31, Madeira Terrace, South Shields is a period house with 1,044 ft2 of internal area and sits on a 94.2 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Madeira Terrace, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
31, Madeira Terrace, South Shields has no recent1 records in the Land Registry database and a single entry in the EPC database dated July 2019.
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 31 Madeira Terrace South Shields as £154,508 and the rental value as £796 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 31 Madeira Terrace South Shields has increased by £2,266 (1.5%) and its rental value has increased by £73 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 31, Madeira Terrace, South Shields is in very good condition we estimate a sale value of £162,233 and rental value of £835 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,692 and a rental value of £740 per month.
If you were able to purchase this property for the estimated value of £154,508, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £759 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, 31, Madeira Terrace, South Shields sits on a plot of 94m2.
We have plot size data on 18 out of 28 other houses in the postcode and 31, Madeira Terrace, South Shields sits on the 12th largest plot.
According to HM Land Registry, 31, Madeira Terrace, South Shields was last sold on 29 Oct 2004 for £97,125 and was recorded as a freehold house.
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 31, Madeira Terrace, South Shields within a radius of 350 metres over the last 2 years.
The most recent example is 18, Madeira Terrace, South Shields, NE33 3AQ, a Freehold house which sold for £180,000 in Jul 2022.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Madeira Terrace, South Shields, NE33 has a total of 28 addresses. According to our analysis of all the public data, 31, Madeira Terrace, South Shields is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in NE33.
31, Madeira Terrace, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jul 2019.
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 31, Madeira Terrace, South Shields is Northumberland Park (Tyne & Wear) station which is 7.7 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 31, Madeira Terrace, South Shields, 34.1% of property is privately owned with a mortgage and 28.3% 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 31, Madeira Terrace, South Shields, 17.0% of residents are recorded as possessing school level qualifications and 28.7% 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 31, Madeira Terrace, South Shields, the average age was 44.7 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 31, Madeira Terrace, 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 31, Madeira Terrace, South Shields, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.