According to the public record, 57, Trajan Avenue, South Shields is a period leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Trajan Avenue, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
57, Trajan Avenue, South Shields has 2 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated June 2020.
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 57 Trajan Avenue South Shields as £120,722 and the rental value as £728 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 57 Trajan Avenue South Shields has increased by £2,000 (1.7%) and its rental value has increased by £66 per month (9.0%).
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 57, Trajan Avenue, South Shields is in very good condition we estimate a sale value of £126,758 and rental value of £764 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,272 and a rental value of £677 per month.
If you were able to purchase this property for the estimated value of £120,722, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £593 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 HM Land Registry, 57, Trajan Avenue, South Shields was last sold on 14 Oct 2022 for £127,995 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2022, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 57, Trajan Avenue, South Shields within a radius of 610 metres over the last 2 years.
The most recent example is 34, Vespasian Avenue, South Shields, NE33 2EL, a Leasehold flat which sold for £122,000 in May 2024.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Trajan Avenue, South Shields, NE33 has a total of 27 addresses. According to our analysis of all the public data, 57, Trajan Avenue, South Shields is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in NE33.
57, Trajan Avenue, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jun 2020.
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 57, Trajan Avenue, South Shields is Northumberland Park (Tyne & Wear) station which is 6.7 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 57, Trajan Avenue, South Shields, 52.1% of property is privately owned outright and 29.6% 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 57, Trajan Avenue, South Shields, 15.0% of residents are recorded as possessing school level qualifications and 41.2% 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 57, Trajan Avenue, South Shields, the average age was 41.4 and the most common age was 42.
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 57, Trajan Avenue, South Shields, 0.9% 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 57, Trajan Avenue, South Shields, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.