According to the public record, 43, Laet Street, North Shields is a period freehold house with 828 ft2 of internal area and sits on a 77.1 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Laet Street, North Shields, NE29 is located in the borough of North Tyneside within the NE29 postal district.
43, Laet Street, North Shields has 3 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated June 2021.
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 43 Laet Street North Shields as £159,877 and the rental value as £1,053 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 43 Laet Street North Shields has increased by £4,609 (2.9%) and its rental value has increased by £96 per month (9.1%).
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, Laet Street, North Shields is in very good condition we estimate a sale value of £167,871 and rental value of £1,106 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £148,686 and a rental value of £980 per month.
If you were able to purchase this property for the estimated value of £159,877, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £786 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, Laet Street, North Shields sits on a plot of 77m2.
We have plot size data on 6 out of 7 other houses in the postcode and 43, Laet Street, North Shields sits on the 17th largest plot.
According to HM Land Registry, 43, Laet Street, North Shields was last sold on 10 Jul 2023 for £157,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2023, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Laet Street, North Shields within a radius of 470 metres over the last 2 years.
The most recent example is 42, Tennyson Terrace, North Shields, NE29 6LW, a Leasehold house which sold for £72,500 in Nov 2023.
Read more about house prices in NE29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laet Street, North Shields, NE29 has a total of 42 addresses. According to our analysis of all the public data, 43, Laet Street, North Shields is the 7th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in NE29.
43, Laet Street, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2021.
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, Laet Street, North Shields is Northumberland Park (Tyne & Wear) station which is 5.6 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, Laet Street, North Shields, 41.7% of property is privately rented and 27.8% is socially rented.
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, Laet Street, North Shields, 10.7% of residents are recorded as possessing school level qualifications and 21.4% 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 43, Laet Street, North Shields, the average age was 44 and the most common age was 57.
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, Laet Street, North 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, Laet Street, North Shields, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.