According to the public record, 39, Mortimer Road, South Shields is a period leasehold apartment with 1,194 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Mortimer Road, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
39, Mortimer Road, South Shields has 31 entries in the Land Registry database, most recently in May 2007 and a single entry in the EPC database dated March 2014.
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 39 Mortimer Road South Shields as £107,673 and the rental value as £675 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 39 Mortimer Road South Shields has increased by £2,092 (1.9%) and its rental value has increased by £66 per month (9.8%).
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 39, Mortimer Road, South Shields is in very good condition we estimate a sale value of £113,057 and rental value of £709 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £100,136 and a rental value of £628 per month.
If you were able to purchase this property for the estimated value of £107,673, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £529 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, 39, Mortimer Road, South Shields was last sold on 11 May 2007 for £128,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2007, the market for similar properties has dropped 6.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Mortimer Road, South Shields within a radius of 370 metres over the last 2 years.
The most recent example is 1, Garrick Street, South Shields, NE33 4JT, a Leasehold flat which sold for £95,000 in May 2023.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mortimer Road, South Shields, NE33 has a total of 118 addresses. According to our analysis of all the public data, 39, Mortimer Road, South Shields is the 64th largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in NE33.
39, Mortimer Road, South Shields has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Mar 2014.
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 39, Mortimer Road, South Shields is Northumberland Park (Tyne & Wear) station which is 7.9 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 39, Mortimer Road, South Shields, 41.7% of property is privately owned with a mortgage and 31.5% 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 39, Mortimer Road, South Shields, 19.6% of residents are recorded as possessing school level qualifications and 32.1% 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 39, Mortimer Road, 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 39, Mortimer Road, 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 39, Mortimer Road, 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.