According to the public record, 43, Woolf Drive, South Shields is a modern freehold house with 914 ft2 of internal area and sits on a 99.5 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Woolf Drive, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
43, Woolf Drive, South Shields has a single entry in the Land Registry database from May 2015 and a single entry in the EPC database dated October 2019.
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 good condition, we estimate the current sale value for 43 Woolf Drive South Shields as £185,591 and the rental value as £846 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 43 Woolf Drive South Shields has increased by £5,835 (3.1%) and its rental value has increased by £89 per month (10.6%).
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, Woolf Drive, South Shields is in very good condition we estimate a sale value of £194,870 and rental value of £888 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,599 and a rental value of £787 per month.
If you were able to purchase this property for the estimated value of £185,591, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £912 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, Woolf Drive, South Shields sits on a plot of 99m2.
We have plot size data on 49 out of 50 other houses in the postcode and 43, Woolf Drive, South Shields sits on the 43rd largest plot.
According to HM Land Registry, 43, Woolf Drive, South Shields was last sold on 29 May 2015 for £119,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2015, the market for similar properties has risen 30.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Woolf Drive, South Shields within a radius of 620 metres over the last 2 years.
The most recent example is 48, Bronte Way, South Shields, NE34 9JY, a Freehold house which sold for £160,000 in Mar 2024.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woolf Drive, South Shields, NE34 has a total of 50 addresses. According to our analysis of all the public data, 43, Woolf Drive, South Shields is the 20th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £44k more expensive than the average property in NE34.
43, Woolf Drive, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Oct 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 43, Woolf Drive, South Shields is Heworth station which is 7.1 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, Woolf Drive, South Shields, 47.2% of property is socially rented and 20.5% 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, Woolf Drive, South Shields, 22.6% of residents are recorded as possessing school level qualifications and 17.1% 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, Woolf Drive, 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, Woolf Drive, 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, Woolf Drive, South Shields, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.