According to the public record, 67, Australia Grove, South Shields is a mid-century freehold house with 753 ft2 of internal area and sits on a 209 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Australia Grove, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
67, Australia Grove, South Shields has a single entry in the Land Registry database from October 2023 and a single entry in the EPC database dated August 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 67 Australia Grove South Shields as £98,262 and the rental value as £602 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 67 Australia Grove South Shields has increased by £3,843 (3.9%) and its rental value has increased by £64 per month (10.6%).
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 67, Australia Grove, South Shields is in very good condition we estimate a sale value of £103,175 and rental value of £633 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £91,383 and a rental value of £560 per month.
If you were able to purchase this property for the estimated value of £98,262, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £483 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, 67, Australia Grove, South Shields sits on a plot of 209m2.
We have plot size data on 18 out of 35 other houses in the postcode and 67, Australia Grove, South Shields sits on the 8th largest plot.
According to HM Land Registry, 67, Australia Grove, South Shields was last sold on 27 Oct 2023 for £85,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2023, the market for similar properties has risen 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 67, Australia Grove, South Shields within a radius of 570 metres over the last 2 years.
The most recent example is 72, Melbourne Gardens, South Shields, NE34 9DJ, a Freehold house which sold for £117,000 in Apr 2024.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Australia Grove, South Shields, NE34 has a total of 84 addresses. According to our analysis of all the public data, 67, Australia Grove, South Shields is the 46th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in NE34.
67, Australia Grove, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 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 67, Australia Grove, South Shields is Heworth station which is 6.3 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 67, Australia Grove, South Shields, 54.9% of property is socially rented and 18.6% is privately owned outright.
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 67, Australia Grove, South Shields, 19.5% of residents are recorded as possessing school level qualifications and 21.5% 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 67, Australia Grove, South Shields, the average age was 39.8 and the most common age was 32.
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 67, Australia Grove, 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 67, Australia Grove, South Shields, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.