According to the public record, 8, Grosvenor Road, South Shields is a modern freehold house with 1,786 ft2 of internal area and sits on a 396 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Grosvenor Road, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
8, Grosvenor Road, South Shields has 31 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated April 2019.
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 8 Grosvenor Road South Shields as £391,823 and the rental value as £970 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 8 Grosvenor Road South Shields has increased by £1,299 (0.3%) and its rental value has increased by £79 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 8, Grosvenor Road, South Shields is in very good condition we estimate a sale value of £411,414 and rental value of £1,019 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £364,395 and a rental value of £902 per month.
If you were able to purchase this property for the estimated value of £391,823, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,926 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, 8, Grosvenor Road, South Shields sits on a plot of 396m2.
We have plot size data on 2 out of 13 other houses in the postcode and 8, Grosvenor Road, South Shields sits on the 3rd largest plot.
According to HM Land Registry, 8, Grosvenor Road, South Shields was last sold on 03 Dec 2020 for £360,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2020, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Grosvenor Road, South Shields within a radius of 520 metres over the last 2 years.
The most recent example is 7, Tynedale Road, South Shields, NE34 6EX, a Freehold house which sold for £400,000 in Dec 2022.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grosvenor Road, South Shields, NE33 has a total of 135 addresses. According to our analysis of all the public data, 8, Grosvenor Road, South Shields is the 21st largest and the 12th most expensive property on the street.
When compared to the postcode district it is £250k more expensive than the average property in NE33.
8, Grosvenor Road, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Apr 2019.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 8, Grosvenor Road, South Shields is Northumberland Park (Tyne & Wear) station which is 8.4 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 8, Grosvenor Road, South Shields, 71.9% of property is privately owned outright and 25.2% 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 8, Grosvenor Road, South Shields, 13.9% of residents are recorded as possessing school level qualifications and 42.8% 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 8, Grosvenor Road, 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 8, Grosvenor Road, South Shields, 0.7% 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 8, Grosvenor Road, South Shields, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.