According to the public record, 55, Hemsley Road, South Shields is a mid-century freehold house with 1,022 ft2 of internal area and sits on a 220 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Hemsley Road, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
55, Hemsley Road, South Shields has a single entry in the Land Registry database from August 2015 and a single entry in the EPC database dated February 2013.
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 55 Hemsley Road South Shields as £248,729 and the rental value as £845 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 55 Hemsley Road South Shields has increased by £1,001 (0.4%) and its rental value has increased by £68 per month (8.1%).
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 55, Hemsley Road, South Shields is in very good condition we estimate a sale value of £261,166 and rental value of £887 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,318 and a rental value of £786 per month.
If you were able to purchase this property for the estimated value of £248,729, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,222 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, 55, Hemsley Road, South Shields sits on a plot of 220m2.
We have plot size data on 22 out of 31 other houses in the postcode and 55, Hemsley Road, South Shields sits on the 14th largest plot.
According to HM Land Registry, 55, Hemsley Road, South Shields was last sold on 17 Aug 2015 for £185,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2015, the market for similar properties has risen 23.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Hemsley Road, South Shields within a radius of 570 metres over the last 2 years.
The most recent example is 117, Bamburgh Avenue, South Shields, NE34 7SZ, a Freehold house which sold for £195,000 in Dec 2023.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hemsley Road, South Shields, NE34 has a total of 54 addresses. According to our analysis of all the public data, 55, Hemsley Road, South Shields is the 45th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £107k more expensive than the average property in NE34.
55, Hemsley Road, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Feb 2013.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 55, Hemsley Road, South Shields is Northumberland Park (Tyne & Wear) station which is 8.9 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 55, Hemsley Road, South Shields, 57.1% of property is privately owned outright and 35.0% 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 55, Hemsley Road, South Shields, 14.0% of residents are recorded as possessing school level qualifications and 29.2% 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 55, Hemsley Road, South Shields, the average age was 43.9 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 55, Hemsley Road, 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 55, Hemsley Road, South Shields, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.