According to the public record, 8, O'Leary Close, South Shields is a modern freehold house with 1,119 ft2 of internal area and sits on a 281 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
O'Leary Close, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
8, O'Leary Close, South Shields has a single entry in the Land Registry database from December 2017 and a single entry in the EPC database dated December 2017.
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 O'Leary Close South Shields as £200,171 and the rental value as £901 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 8 O'Leary Close South Shields has increased by £1,489 (0.7%) and its rental value has increased by £74 per month (8.3%).
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, O'Leary Close, South Shields is in very good condition we estimate a sale value of £210,179 and rental value of £946 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,159 and a rental value of £838 per month.
If you were able to purchase this property for the estimated value of £200,171, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £984 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, O'Leary Close, South Shields sits on a plot of 281m2.
We have plot size data on 23 out of 23 other houses in the postcode and 8, O'Leary Close, South Shields sits on the largest plot.
According to HM Land Registry, 8, O'Leary Close, South Shields was last sold on 21 Dec 2017 for £173,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2017, the market for similar properties has risen 22.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, O'Leary Close, South Shields within a radius of 470 metres over the last 2 years.
The most recent example is 16, Lyons Way, South Shields, NE33 5EL, a Freehold house which sold for £175,000 in Oct 2023.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
O'Leary Close, South Shields, NE33 has a total of 23 addresses. According to our analysis of all the public data, 8, O'Leary Close, South Shields is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in NE33.
8, O'Leary Close, South Shields has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Dec 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 8, O'Leary Close, South Shields is Northumberland Park (Tyne & Wear) station which is 7.2 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, O'Leary Close, South Shields, 35.8% of property is privately rented and 28.3% 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 8, O'Leary Close, South Shields, 22.8% of residents are recorded as possessing school level qualifications and 23.8% 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, O'Leary Close, 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 8, O'Leary Close, 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 8, O'Leary Close, South Shields, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.