According to the public record, 4, Compton Avenue, South Shields is a mid-century Leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Compton Avenue, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
4, Compton Avenue, South Shields has a single entry in the Land Registry database from December 2007 and a single entry in the EPC database dated November 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 4 Compton Avenue South Shields as £65,875 and the rental value as £452 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 4 Compton Avenue South Shields has increased by £1,149 (1.7%) and its rental value has increased by £44 per month (9.6%).
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 4, Compton Avenue, South Shields is in very good condition we estimate a sale value of £69,169 and rental value of £474 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £61,264 and a rental value of £420 per month.
If you were able to purchase this property for the estimated value of £65,875, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £324 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, 4, Compton Avenue, South Shields was last sold on 17 Dec 2007 for £72,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2007, the market for similar properties has dropped 9.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Compton Avenue, South Shields within a radius of 500 metres over the last 2 years.
The most recent example is 43, Bisley Drive, South Shields, NE34 0PY, a Leasehold flat which sold for £50,000 in Feb 2020.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Compton Avenue, South Shields, NE34 has a total of 16 addresses. According to our analysis of all the public data, 4, Compton Avenue, South Shields is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in NE34.
4, Compton Avenue, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Nov 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 4, Compton Avenue, South Shields is Northumberland Park (Tyne & Wear) station which is 8.4 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 4, Compton Avenue, South Shields, 46.1% of property is privately owned outright and 32.2% 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 4, Compton Avenue, South Shields, 18.4% of residents are recorded as possessing school level qualifications and 22.2% 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 4, Compton Avenue, South Shields, the average age was 44.3 and the most common age was 52.
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 4, Compton Avenue, South Shields, 3.5% 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 4, Compton Avenue, South Shields, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.