According to the public record, 79, Marshall Wallis Road, South Shields is a period leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Marshall Wallis Road, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
79, Marshall Wallis Road, South Shields has 31 entries in the Land Registry database, most recently in August 2007 and a single entry in the EPC database dated July 2022.
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 79 Marshall Wallis Road South Shields as £58,345 and the rental value as £421 per month giving an expected gross yield of 8.7%.
Over the last 12 months the sale value of 79 Marshall Wallis Road South Shields has increased by £1,130 (1.9%) and its rental value has increased by £41 per month (9.6%).
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 79, Marshall Wallis Road, South Shields is in very good condition we estimate a sale value of £61,262 and rental value of £442 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £54,260 and a rental value of £392 per month.
If you were able to purchase this property for the estimated value of £58,345, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £287 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, 79, Marshall Wallis Road, South Shields was last sold on 09 Aug 2007 for £80,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2007, the market for similar properties has dropped 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 79, Marshall Wallis Road, South Shields within a radius of 400 metres over the last 2 years.
The most recent example is 117, Eglesfield Road, South Shields, NE33 5PU, a Leasehold flat which sold for £50,000 in Mar 2024.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marshall Wallis Road, South Shields, NE33 has a total of 192 addresses. According to our analysis of all the public data, 79, Marshall Wallis Road, South Shields is the 28th largest and the 103rd most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in NE33.
79, Marshall Wallis Road, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jul 2022.
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 79, Marshall Wallis Road, South Shields is Northumberland Park (Tyne & Wear) station which is 7.5 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 79, Marshall Wallis Road, South Shields, 48.3% of property is privately rented and 25.8% 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 79, Marshall Wallis Road, South Shields, 21.0% of residents are recorded as possessing school level qualifications and 27.9% 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 79, Marshall Wallis Road, South Shields, the average age was 40.6 and the most common age was 32.
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 79, Marshall Wallis Road, 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 79, Marshall Wallis Road, South Shields, there are an average of 0.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.