According to the public record, 7, Sheldon Road, South Shields is a early-century freehold house with 796 ft2 of internal area and sits on a 247 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Sheldon Road, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
7, Sheldon Road, South Shields has 2 entries in the Land Registry database, most recently in February 2017 and a single entry in the EPC database dated May 2013.
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 7 Sheldon Road South Shields as £235,494 and the rental value as £756 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 7 Sheldon Road South Shields has increased by £948 (0.4%) and its rental value has increased by £61 per month (8.1%).
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 7, Sheldon Road, South Shields is in very good condition we estimate a sale value of £247,269 and rental value of £794 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,010 and a rental value of £703 per month.
If you were able to purchase this property for the estimated value of £235,494, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,157 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, 7, Sheldon Road, South Shields sits on a plot of 247m2.
We have plot size data on 22 out of 36 other houses in the postcode and 7, Sheldon Road, South Shields sits on the 19th largest plot.
According to HM Land Registry, 7, Sheldon Road, South Shields was last sold on 24 Feb 2017 for £196,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2017, the market for similar properties has risen 22.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Sheldon Road, South Shields within a radius of 580 metres over the last 2 years.
The most recent example is 20, Sheldon Road, South Shields, NE34 6ES, a Freehold house which sold for £240,000 in May 2022.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sheldon Road, South Shields, NE34 has a total of 36 addresses. According to our analysis of all the public data, 7, Sheldon Road, South Shields is the 20th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £93k more expensive than the average property in NE34.
7, Sheldon Road, South Shields has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 16 May 2013.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 7, Sheldon Road, South Shields is Northumberland Park (Tyne & Wear) station which is 8.7 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 7, Sheldon Road, South Shields, 64.3% of property is privately owned outright and 28.7% 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 7, Sheldon Road, South Shields, 12.6% of residents are recorded as possessing school level qualifications and 33.6% 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 7, Sheldon Road, South Shields, the average age was 43.9 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 7, Sheldon Road, South Shields, 0.6% 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 7, Sheldon Road, South Shields, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.