According to the public record, 86, Lawe Road, South Shields is a mid-century apartment with 1,044 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Lawe Road, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
86, Lawe Road, South Shields has no recent1 records in the Land Registry database and a single entry in the EPC database dated April 2024.
We combine this information with public data 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 86 Lawe Road South Shields as £250,420 and the rental value as £1,276 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 86 Lawe Road South Shields has increased by £5,066 (2.0%) and its rental value has increased by £120 per month (9.4%).
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 86, Lawe Road, South Shields is in very good condition we estimate a sale value of £262,941 and rental value of £1,340 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,891 and a rental value of £1,187 per month.
If you were able to purchase this property for the estimated value of £250,420, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,231 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, 86, Lawe Road, South Shields was last sold on 18 Dec 1996 for £80,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 86, Lawe Road, South Shields within a radius of 660 metres over the last 2 years.
The most recent example is 35, Harbour View, South Shields, NE33 1LS, a Leasehold flat which sold for £295,000 in Mar 2022.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lawe Road, South Shields, NE33 has a total of 115 addresses. According to our analysis of all the public data, 86, Lawe Road, South Shields is the 62nd largest and the 44th most expensive property on the street.
When compared to the postcode district it is £108k more expensive than the average property in NE33.
86, Lawe Road, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Apr 2024.
The property is connected to mains gas and has fully triple glazed windows. It is heated using a boiler and radiators.
The closest station to 86, Lawe Road, South Shields is Northumberland Park (Tyne & Wear) station which is 6.6 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 86, Lawe Road, South Shields, 52.1% of property is privately owned outright and 29.6% 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 86, Lawe Road, South Shields, 15.0% of residents are recorded as possessing school level qualifications and 41.2% 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 86, Lawe Road, South Shields, the average age was 41.4 and the most common age was 42.
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 86, Lawe Road, South Shields, 0.9% 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 86, Lawe Road, South Shields, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.