According to the public record, 66, Nora Street, South Shields is a period leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Nora Street, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
66, Nora Street, South Shields has a single entry in the Land Registry database from December 2013 and a single entry in the EPC database dated June 2023.
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 66 Nora Street South Shields as £64,449 and the rental value as £476 per month giving an expected gross yield of 8.9%.
Over the last 12 months the sale value of 66 Nora Street South Shields has increased by £1,288 (2.0%) and its rental value has increased by £47 per month (9.9%).
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 66, Nora Street, South Shields is in very good condition we estimate a sale value of £67,672 and rental value of £500 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £59,938 and a rental value of £443 per month.
If you were able to purchase this property for the estimated value of £64,449, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £317 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, 66, Nora Street, South Shields was last sold on 02 Dec 2013 for £47,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2013, the market for similar properties has risen 19.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 66, Nora Street, South Shields within a radius of 460 metres over the last 2 years.
The most recent example is 78, Nora Street, South Shields, NE34 0RB, a Leasehold flat which sold for £78,000 in Jun 2022.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nora Street, South Shields, NE34 has a total of 84 addresses. According to our analysis of all the public data, 66, Nora Street, South Shields is the 36th largest and the 67th most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in NE34.
66, Nora Street, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jun 2023.
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 66, Nora Street, South Shields is Sunderland station which is 8.2 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 66, Nora Street, South Shields, 51.9% of property is privately rented and 20.8% 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 66, Nora Street, South Shields, 16.8% of residents are recorded as possessing school level qualifications and 28.7% 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 66, Nora Street, South Shields, the average age was 42.3 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 66, Nora Street, 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 66, Nora Street, South Shields, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.