According to the public record, 78, Highfield Drive, South Shields is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 926 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Highfield Drive, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
78, Highfield Drive, South Shields has 2 entries in the Land Registry database, most recently in April 2011 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 78 Highfield Drive South Shields as £203,004 and the rental value as £840 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 78 Highfield Drive South Shields has increased by £1,869 (0.9%) and its rental value has increased by £73 per month (8.7%).
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 78, Highfield Drive, South Shields is in very good condition we estimate a sale value of £213,154 and rental value of £882 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,794 and a rental value of £781 per month.
If you were able to purchase this property for the estimated value of £203,004, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £998 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, 78, Highfield Drive, South Shields was last sold on 14 Apr 2011 for £139,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2011, the market for similar properties has risen 29.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78, Highfield Drive, South Shields within a radius of 530 metres over the last 2 years.
The most recent example is 60, Highfield Drive, South Shields, NE34 6JE, a Freehold house which sold for £175,000 in Feb 2023.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Highfield Drive, South Shields, NE34 has a total of 87 addresses. According to our analysis of all the public data, 78, Highfield Drive, South Shields is the 19th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £61k more expensive than the average property in NE34.
The closest station to 78, Highfield Drive, South Shields is Sunderland station which is 8.9 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 78, Highfield Drive, South Shields, 58.7% of property is privately owned outright and 35.7% 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 78, Highfield Drive, South Shields, 11.4% of residents are recorded as possessing school level qualifications and 34.5% 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 78, Highfield Drive, South Shields, the average age was 48.1 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 78, Highfield Drive, 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 78, Highfield Drive, South Shields, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.