According to the public record, 4, Spenser Walk, South Shields is a mid-century house with 731 ft2 of internal area and sits on a 136 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Spenser Walk, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
4, Spenser Walk, South Shields has no records in the Land Registry database and a single entry in the EPC database dated November 2013.
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 4 Spenser Walk South Shields as £81,421 and the rental value as £503 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 4 Spenser Walk South Shields has increased by £2,751 (3.4%) and its rental value has increased by £53 per month (10.5%).
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, Spenser Walk, South Shields is in very good condition we estimate a sale value of £85,493 and rental value of £528 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £75,722 and a rental value of £467 per month.
If you were able to purchase this property for the estimated value of £81,421, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £400 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, 4, Spenser Walk, South Shields sits on a plot of 136m2.
We have plot size data on 8 out of 27 other houses in the postcode and 4, Spenser Walk, South Shields sits on the 6th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Spenser Walk, South Shields within a radius of 540 metres over the last 2 years.
The most recent example is 8, Dryden Close, South Shields, NE34 9LD, a Freehold house which sold for £107,500 in Aug 2022.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spenser Walk, South Shields, NE34 has a total of 32 addresses. According to our analysis of all the public data, 4, Spenser Walk, South Shields is the 21st largest and the 20th most expensive property on the street.
When compared to the postcode district it is £61k less expensive than the average property in NE34.
4, Spenser Walk, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Nov 2013.
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, Spenser Walk, South Shields is Heworth station which is 6.8 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, Spenser Walk, South Shields, 39.4% of property is socially rented and 28.5% 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 4, Spenser Walk, South Shields, 19.3% of residents are recorded as possessing school level qualifications and 16.4% 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, Spenser Walk, South Shields, the average age was 36.7 and the most common age was 2.
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, Spenser Walk, 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 4, Spenser Walk, South Shields, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.