According to the public record, 23A, Seaview Terrace, South Shields is a period apartment with 1,539 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 23, Seaview Terrace, South Shields, NE33.
Seaview Terrace, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
23A, Seaview Terrace, South Shields has no records in the Land Registry database and a single entry in the EPC database dated March 2017.
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 23A Seaview Terrace South Shields as £85,952 and the rental value as £599 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of 23A Seaview Terrace South Shields has increased by £1,938 (2.3%) and its rental value has increased by £59 per month (9.8%).
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 23A, Seaview Terrace, South Shields is in very good condition we estimate a sale value of £90,250 and rental value of £629 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £79,935 and a rental value of £557 per month.
If you were able to purchase this property for the estimated value of £85,952, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £422 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 the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 23A, Seaview Terrace, South Shields within a radius of 520 metres over the last 2 years.
The most recent example is 9, Blenheim Walk, South Shields, NE33 2RH, a Leasehold flat which sold for £70,000 in May 2008.
Read more about house prices in NE33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Seaview Terrace, South Shields, NE33 has a total of 16 addresses. According to our analysis of all the public data, 23A, Seaview Terrace, South Shields is the 10th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in NE33.
23A, Seaview Terrace, South Shields has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Mar 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 23A, Seaview Terrace, South Shields is Northumberland Park (Tyne & Wear) station which is 7.3 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 23A, Seaview Terrace, South Shields, 33.7% of property is privately owned outright and 23.6% 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 23A, Seaview Terrace, South Shields, 18.7% of residents are recorded as possessing school level qualifications and 28.2% 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 23A, Seaview Terrace, 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 23A, Seaview Terrace, 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 23A, Seaview Terrace, 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.