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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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40, Braemar Drive, South Shields is recorded publicly as a modern freehold house across 645 ft2 of internal area, sitting on a 172 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 40, Braemar Drive, South Shields is £221,317 and its rental estimate is £1,026 per month, given the available information and assuming reasonable condition.
Braemar Drive, South Shields, NE34 falls within the NE34 postal district, in the borough of South Tyneside.
40, Braemar Drive, South Shields has 2 entries in the Land Registry , most recently in April 2023 and a single entry in the EPC database dated December 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 40, Braemar Drive, South Shields, we estimate a market value of £232,383 and a rental value of £1,078 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £205,825 and £954 per month respectively.
Over the last year, 40, Braemar Drive, South Shields has seen its estimated sale value climb by £1,169 (0.5%) and its estimated rental value rise by £35 per month (3.4%). This results in an estimated gross rental yield of 5.6%.
HM Land Registry records the plot of land for 40, Braemar Drive, South Shields as measuring 172 m2.
That makes it the 48th largest plot in the postcode, where 51 of the 53 other houses have recorded plot data.
40, Braemar Drive, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Dec 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 40, Braemar Drive, South Shields completed on 11th April 2023 at £185,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 22.5% over the period since April 2023.
Over the past 2 years 3 properties similar to 40, Braemar Drive, South Shields have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th June 2021, was 39, Braemar Drive, South Shields, NE34 7TZ, a freehold house which sold for £115,000.
Read more about house prices in NE34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 53 addresses on Braemar Drive, South Shields, NE34, 40, Braemar Drive, South Shields comes out as the 50th largest and the 48th most expensive in our analysis of the public data.
It is also £54k more expensive than the average property across the NE34 district.
From 40, Braemar Drive, South Shields, the nearest station is Northumberland Park (Tyne & Wear), 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Braemar Drive, South Shields, 64.3% of property is privately owned outright and 28.7% is privately owned with a mortgage.
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 40, Braemar Drive, South Shields, 12.6% of residents are recorded as possessing school level qualifications and 33.6% 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 40, Braemar Drive, 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 40, Braemar Drive, South Shields, 0.6% 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 40, Braemar Drive, South Shields, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
