According to the public record, 41, Warwick Road, South Shields is a early-century apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Warwick Road, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
41, Warwick Road, South Shields has no recent1 records in the Land Registry database and a single entry in the EPC database dated September 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 41 Warwick Road South Shields as £102,300 and the rental value as £606 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 41 Warwick Road South Shields has increased by £2,284 (2.2%) and its rental value has increased by £62 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 41, Warwick Road, South Shields is in very good condition we estimate a sale value of £107,415 and rental value of £636 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £95,139 and a rental value of £564 per month.
If you were able to purchase this property for the estimated value of £102,300, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £503 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, 41, Warwick Road, South Shields was last sold on 10 Oct 2003 for £65,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Warwick Road, South Shields within a radius of 460 metres over the last 2 years.
The most recent example is 64, Warwick Road, South Shields, NE34 0SQ, a Leasehold flat which sold for £117,000 in Dec 2023.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Warwick Road, South Shields, NE34 has a total of 83 addresses. According to our analysis of all the public data, 41, Warwick Road, South Shields is the 58th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in NE34.
41, Warwick Road, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Sep 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 41, Warwick Road, South Shields is Northumberland Park (Tyne & Wear) station which is 8.3 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 41, Warwick Road, South Shields, 37.8% of property is privately owned outright and 34.7% 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 41, Warwick Road, South Shields, 9.7% of residents are recorded as possessing school level qualifications and 34.7% 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 41, Warwick 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 41, Warwick Road, South Shields, 1.6% 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 41, Warwick Road, South Shields, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.