According to the public record, 50, Summerhill Road, South Shields is a mid-century freehold house with 1,388 ft2 of internal area and sits on a 218 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Summerhill Road, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
50, Summerhill Road, South Shields has 31 entries in the Land Registry database, most recently in October 2014 and a single entry in the EPC database dated August 2014.
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 50 Summerhill Road South Shields as £192,091 and the rental value as £858 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 50 Summerhill Road South Shields has increased by £515 (0.3%) and its rental value has increased by £69 per month (8.0%).
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 50, Summerhill Road, South Shields is in very good condition we estimate a sale value of £201,695 and rental value of £901 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,644 and a rental value of £798 per month.
If you were able to purchase this property for the estimated value of £192,091, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £944 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, 50, Summerhill Road, South Shields sits on a plot of 218m2.
We have plot size data on 15 out of 28 other houses in the postcode and 50, Summerhill Road, South Shields sits on the 11th largest plot.
According to HM Land Registry, 50, Summerhill Road, South Shields was last sold on 15 Oct 2014 for £164,950 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2014, the market for similar properties has risen 23.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Summerhill Road, South Shields within a radius of 490 metres over the last 2 years.
The most recent example is 61, Felton Avenue, South Shields, NE34 6RY, a Freehold house which sold for £147,950 in Jun 2018.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Summerhill Road, South Shields, NE34 has a total of 70 addresses. According to our analysis of all the public data, 50, Summerhill Road, South Shields is the 3rd largest and the 44th most expensive property on the street.
When compared to the postcode district it is £50k more expensive than the average property in NE34.
50, Summerhill Road, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Aug 2014.
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 50, Summerhill Road, South Shields is Sunderland station which is 8.1 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 50, Summerhill Road, South Shields, 36.4% of property is privately owned outright and 32.2% 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 50, Summerhill Road, South Shields, 21.4% of residents are recorded as possessing school level qualifications and 23.1% 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 50, Summerhill Road, South Shields, the average age was 48.1 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 50, Summerhill Road, South Shields, 1.1% 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 50, Summerhill Road, South Shields, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.