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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
157, Cheviot Road, South Shields is described in the public record as a mid-century apartment with 785 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 157, Cheviot Road, South Shields is £65,004 and its rental estimate is £550 per month, given the available information and assuming reasonable condition.
Cheviot Road, South Shields, NE34 falls within the NE34 postal district, in the borough of South Tyneside.
157, Cheviot Road, South Shields has no records in the the Land Registry and a single entry in the EPC database dated July 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 157, Cheviot Road, South Shields, we estimate a market value of £68,255 and a rental value of £578 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £60,454 and £512 per month respectively.
Over the last year, 157, Cheviot Road, South Shields has seen its estimated sale value decline by £827 (1.3%) and its estimated rental value climb by £9 per month (1.6%). This results in an estimated gross rental yield of 10.2%.
157, Cheviot Road, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jul 2014.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 1 property similar to 157, Cheviot Road, South Shields has sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th June 2024, was 119, Highfield Road, South Shields, NE34 6JW, a leasehold flat which sold for £58,000.
Read more about house prices in NE34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 172 addresses on Cheviot Road, South Shields, NE34, 157, Cheviot Road, South Shields comes out as the 111th largest and the 158th most expensive in our analysis of the public data.
It is also £103k less expensive than the average property across the NE34 district.
From 157, Cheviot Road, South Shields, the nearest station is Sunderland, 8.9 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 157, Cheviot Road, South Shields, 36.3% of property is socially rented and 33.8% is privately owned outright.
The graph below shows how this compares to North East 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 157, Cheviot Road, South Shields, 21.8% of residents are recorded as possessing school level qualifications and 14.5% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 157, Cheviot Road, South Shields, the average age was 43.9 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 157, Cheviot 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 157, Cheviot 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.
