According to the public record, 72, South Woodbine Street, South Shields is a period leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
South Woodbine Street, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
72, South Woodbine Street, South Shields has a single entry in the Land Registry database from March 2024 and a single entry in the EPC database dated July 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 72 South Woodbine Street South Shields as £69,135 and the rental value as £491 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of 72 South Woodbine Street South Shields has increased by £1,293 (1.9%) and its rental value has increased by £46 per month (9.4%).
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 72, South Woodbine Street, South Shields is in very good condition we estimate a sale value of £72,592 and rental value of £516 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,296 and a rental value of £457 per month.
If you were able to purchase this property for the estimated value of £69,135, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £340 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, 72, South Woodbine Street, South Shields was last sold on 14 Mar 2024 for £64,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2024, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 72, South Woodbine Street, South Shields within a radius of 440 metres over the last 2 years.
The most recent example is 87, Marine Approach, South Shields, NE33 2TE, a Leasehold flat which sold for £60,000 in Jun 2024.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Woodbine Street, South Shields, NE33 has a total of 26 addresses. According to our analysis of all the public data, 72, South Woodbine Street, South Shields is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in NE33.
72, South Woodbine Street, South Shields has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Jul 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 72, South Woodbine Street, South Shields is Northumberland Park (Tyne & Wear) station which is 7.4 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 72, South Woodbine Street, South Shields, 35.2% of property is privately owned outright and 32.4% is privately 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 72, South Woodbine Street, South Shields, 19.2% of residents are recorded as possessing school level qualifications and 36.2% 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 72, South Woodbine Street, South Shields, the average age was 41.4 and the most common age was 42.
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 72, South Woodbine 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 72, South Woodbine Street, 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.