According to the public record, 74, Hartington Terrace, South Shields is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 747 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Hartington Terrace, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
74, Hartington Terrace, South Shields has a single entry in the Land Registry database from January 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 74 Hartington Terrace South Shields as £88,574 and the rental value as £565 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 74 Hartington Terrace South Shields has increased by £1,638 (1.8%) and its rental value has increased by £55 per month (9.7%).
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 74, Hartington Terrace, South Shields is in very good condition we estimate a sale value of £93,002 and rental value of £593 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,374 and a rental value of £526 per month.
If you were able to purchase this property for the estimated value of £88,574, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £435 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, 74, Hartington Terrace, South Shields was last sold on 17 Jan 2013 for £73,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2013, the market for similar properties has risen 20.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 74, Hartington Terrace, South Shields within a radius of 400 metres over the last 2 years.
The most recent example is 62, Hartington Terrace, South Shields, NE33 4DE, a Leasehold flat which sold for £46,000 in May 2022.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hartington Terrace, South Shields, NE33 has a total of 51 addresses. According to our analysis of all the public data, 74, Hartington Terrace, South Shields is the 36th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in NE33.
The closest station to 74, Hartington Terrace, South Shields is Northumberland Park (Tyne & Wear) 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 74, Hartington Terrace, South Shields, 50.9% of property is privately rented and 23.7% 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 74, Hartington Terrace, South Shields, 13.5% of residents are recorded as possessing school level qualifications and 27.2% 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 74, Hartington Terrace, South Shields, the average age was 44.7 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 74, Hartington Terrace, South Shields, 1.1% 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 74, Hartington Terrace, 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.