According to the public record, 68, Grotto Gardens, South Shields is a mid-century freehold house with 882 ft2 of internal area and sits on a 186 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Grotto Gardens, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
68, Grotto Gardens, South Shields has 21 entries in the Land Registry database, most recently in December 2015 and a single entry in the EPC database dated June 2015.
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 68 Grotto Gardens South Shields as £146,338 and the rental value as £792 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 68 Grotto Gardens South Shields has increased by £1,432 (1.0%) and its rental value has increased by £70 per month (8.8%).
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 68, Grotto Gardens, South Shields is in very good condition we estimate a sale value of £153,655 and rental value of £831 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,095 and a rental value of £736 per month.
If you were able to purchase this property for the estimated value of £146,338, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £719 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, 68, Grotto Gardens, South Shields sits on a plot of 186m2.
We have plot size data on 46 out of 67 other houses in the postcode and 68, Grotto Gardens, South Shields sits on the 14th largest plot.
According to HM Land Registry, 68, Grotto Gardens, South Shields was last sold on 04 Dec 2015 for £115,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2015, the market for similar properties has risen 25.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 68, Grotto Gardens, South Shields within a radius of 760 metres over the last 2 years.
The most recent example is 40, Grotto Gardens, South Shields, NE34 7AJ, a Freehold house which sold for £117,600 in Apr 2024.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grotto Gardens, South Shields, NE34 has a total of 71 addresses. According to our analysis of all the public data, 68, Grotto Gardens, South Shields is the 28th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in NE34.
68, Grotto Gardens, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jun 2015.
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 68, Grotto Gardens, South Shields is Sunderland station which is 8.1 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 68, Grotto Gardens, South Shields, 36.7% of property is privately owned outright and 34.9% is socially rented.
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 68, Grotto Gardens, South Shields, 12.1% of residents are recorded as possessing school level qualifications and 23.3% 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 68, Grotto Gardens, South Shields, the average age was 45.8 and the most common age was 62.
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 68, Grotto Gardens, 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 68, Grotto Gardens, South Shields, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.