According to the public record, 85, Egerton Road, South Shields is a period leasehold apartment with 790 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Egerton Road, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
85, Egerton Road, South Shields has 71 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated July 2011.
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 85 Egerton Road South Shields as £76,790 and the rental value as £537 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of 85 Egerton Road South Shields has increased by £1,535 (2.0%) and its rental value has increased by £53 per month (9.9%).
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 85, Egerton Road, South Shields is in very good condition we estimate a sale value of £80,630 and rental value of £564 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £71,415 and a rental value of £500 per month.
If you were able to purchase this property for the estimated value of £76,790, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £377 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, 85, Egerton Road, South Shields was last sold on 01 Apr 2021 for £73,000 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since Apr 2021, the market for similar properties has risen 7.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 85, Egerton Road, South Shields within a radius of 420 metres over the last 2 years.
The most recent example is 162, Talbot Road, South Shields, NE34 0RF, a Leasehold flat which sold for £63,000 in Apr 2024.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Egerton Road, South Shields, NE34 has a total of 59 addresses. According to our analysis of all the public data, 85, Egerton Road, South Shields is the 28th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £65k less expensive than the average property in NE34.
85, Egerton Road, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jul 2011.
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 85, Egerton Road, South Shields is Heworth 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 85, Egerton Road, South Shields, 51.9% of property is privately rented and 20.8% 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 85, Egerton Road, South Shields, 16.8% of residents are recorded as possessing school level qualifications and 28.7% 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 85, Egerton Road, South Shields, the average age was 42.3 and the most common age was 57.
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 85, Egerton 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 85, Egerton Road, South Shields, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.