According to the public record, 615, Prince Edward Road, South Shields is a mid-century house with 602 ft2 of internal area and sits on a 448 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Prince Edward Road, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
615, Prince Edward Road, South Shields has no records in the Land Registry database and a single entry in the EPC database dated June 2014.
We combine this information with public data 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 615 Prince Edward Road South Shields as £107,276 and the rental value as £643 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 615 Prince Edward Road South Shields has increased by £2,244 (2.1%) and its rental value has increased by £64 per month (10.0%).
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 615, Prince Edward Road, South Shields is in very good condition we estimate a sale value of £112,640 and rental value of £675 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £99,767 and a rental value of £598 per month.
If you were able to purchase this property for the estimated value of £107,276, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £527 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, 615, Prince Edward Road, South Shields sits on a plot of 448m2.
We have plot size data on 10 out of 16 other houses in the postcode and 615, Prince Edward Road, South Shields sits on the 3rd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 615, Prince Edward Road, South Shields within a radius of 520 metres over the last 2 years.
The most recent example is 637, Prince Edward Road, South Shields, NE34 7BJ, a Freehold house which sold for £110,000 in Aug 2022.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prince Edward Road, South Shields, NE34 has a total of 277 addresses. According to our analysis of all the public data, 615, Prince Edward Road, South Shields is the 210th largest and the 169th most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in NE34.
615, Prince Edward Road, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jun 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 615, Prince Edward Road, South Shields is Sunderland station which is 7.9 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 615, Prince Edward Road, South Shields, 35.8% of property is socially rented and 31.7% 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 615, Prince Edward Road, South Shields, 16.4% of residents are recorded as possessing school level qualifications and 19.1% 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 615, Prince Edward Road, South Shields, the average age was 41.7 and the most common age was 52.
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 615, Prince Edward Road, South Shields, 0.7% 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 615, Prince Edward Road, 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.