According to the public record, 43, Foss Way, South Shields is a mid-century house with 893 ft2 of internal area and sits on a 148 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Foss Way, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
43, Foss Way, South Shields has no records in the Land Registry database and a single entry in the EPC database dated May 2019.
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 43 Foss Way South Shields as £94,146 and the rental value as £552 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 43 Foss Way South Shields has increased by £3,044 (3.2%) and its rental value has increased by £61 per month (11.0%).
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 43, Foss Way, South Shields is in very good condition we estimate a sale value of £98,854 and rental value of £579 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,556 and a rental value of £513 per month.
If you were able to purchase this property for the estimated value of £94,146, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £463 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, 43, Foss Way, South Shields sits on a plot of 148m2.
We have plot size data on 14 out of 42 other houses in the postcode and 43, Foss Way, South Shields sits on the 3rd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Foss Way, South Shields within a radius of 520 metres over the last 2 years.
The most recent example is 34, Foss Way, South Shields, NE34 0BW, a Freehold house which sold for £83,000 in Dec 2023.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Foss Way, South Shields, NE34 has a total of 53 addresses. According to our analysis of all the public data, 43, Foss Way, South Shields is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in NE34.
43, Foss Way, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 May 2019.
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 43, Foss Way, South Shields is Heworth station which is 7.5 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 43, Foss Way, South Shields, 83.1% of property is socially rented and 9.2% 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 43, Foss Way, South Shields, 33.2% of residents are recorded as possessing school level qualifications and 10.8% 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 43, Foss Way, 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 43, Foss Way, 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 43, Foss Way, South Shields, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.