According to the public record, 35, Raeburn Road, South Shields is a mid-century freehold house with 796 ft2 of internal area and sits on a 232 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Raeburn Road, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
35, Raeburn Road, South Shields has a single entry in the Land Registry database from August 2022 and a single entry in the EPC database dated April 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 35 Raeburn Road South Shields as £111,707 and the rental value as £676 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 35 Raeburn Road South Shields has increased by £2,832 (2.5%) and its rental value has increased by £69 per month (10.2%).
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 35, Raeburn Road, South Shields is in very good condition we estimate a sale value of £117,292 and rental value of £709 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £103,887 and a rental value of £628 per month.
If you were able to purchase this property for the estimated value of £111,707, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £549 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, 35, Raeburn Road, South Shields sits on a plot of 232m2.
We have plot size data on 30 out of 53 other houses in the postcode and 35, Raeburn Road, South Shields sits on the 8th largest plot.
According to HM Land Registry, 35, Raeburn Road, South Shields was last sold on 01 Aug 2022 for £113,700 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2022, the market for similar properties has dropped 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Raeburn Road, South Shields within a radius of 590 metres over the last 2 years.
The most recent example is 223, Whiteleas Way, South Shields, NE34 8HN, a Freehold house which sold for £130,000 in May 2023.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Raeburn Road, South Shields, NE34 has a total of 57 addresses. According to our analysis of all the public data, 35, Raeburn Road, South Shields is the 43rd largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in NE34.
35, Raeburn Road, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Apr 2022.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 35, Raeburn Road, South Shields is Sunderland station which is 6.5 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 35, Raeburn Road, South Shields, 49.2% of property is socially rented and 23.0% 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 35, Raeburn Road, South Shields, 19.1% of residents are recorded as possessing school level qualifications and 19.1% 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 35, Raeburn Road, 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 35, Raeburn Road, 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 35, Raeburn Road, South Shields, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.