According to the public record, 32, Basil Way, South Shields is a mid-century freehold house with 871 ft2 of internal area and sits on a 199 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Basil Way, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
32, Basil Way, South Shields has a single entry in the Land Registry database from June 2023 and a single entry in the EPC database dated September 2022.
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 32 Basil Way South Shields as £192,135 and the rental value as £829 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 32 Basil Way South Shields has increased by £1,660 (0.9%) and its rental value has increased by £71 per month (8.6%).
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 32, Basil Way, South Shields is in very good condition we estimate a sale value of £201,742 and rental value of £871 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,685 and a rental value of £771 per month.
If you were able to purchase this property for the estimated value of £192,135, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £944 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, 32, Basil Way, South Shields sits on a plot of 199m2.
We have plot size data on 8 out of 18 other houses in the postcode and 32, Basil Way, South Shields sits on the 8th largest plot.
According to HM Land Registry, 32, Basil Way, South Shields was last sold on 23 Jun 2023 for £190,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2023, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Basil Way, South Shields within a radius of 710 metres over the last 2 years.
The most recent example is 8, Basil Way, South Shields, NE34 8UB, a Freehold house which sold for £170,000 in Aug 2021.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Basil Way, South Shields, NE34 has a total of 81 addresses. According to our analysis of all the public data, 32, Basil Way, South Shields is the 49th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £50k more expensive than the average property in NE34.
32, Basil Way, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Sep 2022.
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 32, Basil Way, South Shields is Sunderland station which is 6.6 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 32, Basil Way, South Shields, 62.5% of property is privately owned outright and 33.0% 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 32, Basil Way, South Shields, 14.7% of residents are recorded as possessing school level qualifications and 34.8% 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 32, Basil Way, South Shields, the average age was 42.7 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 32, Basil Way, South Shields, 1.8% 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 32, Basil Way, South Shields, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.