According to the public record, 94, Prince Edward Road, South Shields is a early-century freehold house with 796 ft2 of internal area and sits on a 253 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Prince Edward Road, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
94, Prince Edward Road, South Shields has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated October 2014.
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 94 Prince Edward Road South Shields as £126,954 and the rental value as £735 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 94 Prince Edward Road South Shields has increased by £1,915 (1.5%) and its rental value has increased by £69 per month (9.3%).
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 94, Prince Edward Road, South Shields is in very good condition we estimate a sale value of £133,302 and rental value of £772 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,067 and a rental value of £683 per month.
If you were able to purchase this property for the estimated value of £126,954, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £624 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, 94, Prince Edward Road, South Shields sits on a plot of 253m2.
We have plot size data on 14 out of 28 other houses in the postcode and 94, Prince Edward Road, South Shields sits on the 8th largest plot.
According to HM Land Registry, 94, Prince Edward Road, South Shields was last sold on 22 Mar 2021 for £115,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 8.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 94, Prince Edward Road, South Shields within a radius of 490 metres over the last 2 years.
The most recent example is 46, Palm Avenue, South Shields, NE34 7PQ, a Freehold house which sold for £120,000 in Nov 2023.
Read more about house prices in NE34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prince Edward Road, South Shields, NE34 has a total of 277 addresses. According to our analysis of all the public data, 94, Prince Edward Road, South Shields is the 125th largest and the 103rd most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in NE34.
94, Prince Edward Road, South Shields has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Oct 2014.
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 94, Prince Edward Road, South Shields is Sunderland 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 94, Prince Edward Road, South Shields, 34.9% of property is privately owned outright and 28.7% 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 94, Prince Edward Road, South Shields, 17.9% of residents are recorded as possessing school level qualifications and 17.9% 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 94, Prince Edward Road, South Shields, the average age was 42.5 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 94, Prince Edward 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 94, Prince Edward Road, South Shields, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.