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According to the public record, 77, Mitchell Gardens, South Shields is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 777 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 77, Mitchell Gardens, South Shields is £126,349 and the estimated rental value is £710 per month.
Mitchell Gardens, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
77, Mitchell Gardens, South Shields has 2 entries in the Land Registry , most recently in November 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 77, Mitchell Gardens, South Shields is in very good condition we estimate a sale value of £132,666 and a rental value of £746 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,504 and a rental value of £660 per month.
Over the last 12 months the sale value of 77 Mitchell Gardens South Shields has increased by an estimated £86 (0.1%) and its rental value has increased by an estimated £18 per month (2.5%), giving an expected gross yield of 6.7%.
According to HM Land Registry, 77, Mitchell Gardens, South Shields was last sold on 22nd November 2019 for £119,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2019, the market for similar properties has dropped 23.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 77, Mitchell Gardens, South Shields within a radius of 570 metres over the last 2 years.
The most recent example is 84, Mitchell Gardens, South Shields, NE34 6EF, a leasehold flat which sold for £86,500 on the 4th October 2019.
Read more about house prices in NE34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mitchell Gardens, South Shields, NE34 has a total of 89 addresses. According to our analysis of all the public data, 77, Mitchell Gardens, South Shields is the 79th largest and the 80th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in NE34.
The closest station to 77, Mitchell Gardens, South Shields is Sunderland station which is 8.6 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 77, Mitchell Gardens, South Shields, 61.0% of property is privately owned outright and 36.8% 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 77, Mitchell Gardens, South Shields, 16.2% of residents are recorded as possessing school level qualifications and 42.6% 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 77, Mitchell Gardens, South Shields, the average age was 48.1 and the most common age was 62.
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 77, Mitchell Gardens, 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 77, Mitchell Gardens, South Shields, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
