According to the public record, 43, The Ridgeway, South Shields is a early-century freehold house with 796 ft2 of internal area and sits on a 174 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Ridgeway, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
43, The Ridgeway, South Shields has 31 entries in the Land Registry database, most recently in December 2016 and a single entry in the EPC database dated February 2016.
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 The Ridgeway South Shields as £122,138 and the rental value as £716 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 43 The Ridgeway South Shields has increased by £745 (0.6%) and its rental value has increased by £60 per month (8.3%).
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, The Ridgeway, South Shields is in very good condition we estimate a sale value of £128,245 and rental value of £752 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,588 and a rental value of £666 per month.
If you were able to purchase this property for the estimated value of £122,138, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £600 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, The Ridgeway, South Shields sits on a plot of 174m2.
We have plot size data on 35 out of 46 other houses in the postcode and 43, The Ridgeway, South Shields sits on the 21st largest plot.
According to HM Land Registry, 43, The Ridgeway, South Shields was last sold on 12 Dec 2016 for £105,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2016, the market for similar properties has risen 23.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, The Ridgeway, South Shields within a radius of 770 metres over the last 2 years.
The most recent example is 67, The Ridgeway, South Shields, NE34 8BB, a Freehold house which sold for £125,000 in Aug 2022.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Ridgeway, South Shields, NE34 has a total of 81 addresses. According to our analysis of all the public data, 43, The Ridgeway, South Shields is the 51st largest and the 58th most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in NE34.
43, The Ridgeway, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Feb 2016.
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, The Ridgeway, South Shields is Sunderland 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 43, The Ridgeway, South Shields, 43.2% of property is privately owned outright and 30.3% 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 43, The Ridgeway, South Shields, 17.6% of residents are recorded as possessing school level qualifications and 25.6% 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, The Ridgeway, South Shields, the average age was 42.5 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, The Ridgeway, 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, The Ridgeway, 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.