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According to the public record, 97, Mill Dam, South Shields is a period freehold house with 3,089 ft2 of internal area.
Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 97, Mill Dam, South Shields is £405,588 and the estimated rental value is £1,880 per month.
Mill Dam, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
97, Mill Dam, South Shields has a single entry in the Land Registry from March 2007 and a single entry in the EPC database dated August 2023.
We combine this information with that 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.
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 97, Mill Dam, South Shields is in very good condition we estimate a sale value of £425,867 and a rental value of £1,974 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £377,196 and a rental value of £1,748 per month.
Over the last 12 months the sale value of 97 Mill Dam South Shields has decreased by an estimated £3,013 (0.7%) and its rental value has increased by an estimated £32 per month (1.7%), giving an expected gross yield of 5.6%.
97, Mill Dam, South Shields has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 97, Mill Dam, South Shields was last sold on 9th March 2007 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2007, the market for similar properties has dropped 18.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 740 metres radius of 97, Mill Dam, South Shields over the last 2 years.
The most recent example is 3, Riverside Court, South Shields, NE33 1EH, a leasehold flat which sold for £86,000 on the 24th July 2017.
Read more about house prices in NE33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Dam, South Shields, NE33 has a total of 28 addresses. According to our analysis of all the public data, 97, Mill Dam, South Shields is the largest and the most expensive property on the street.
When compared to the postcode district it is £273k more expensive than the average property in NE33.
The closest station to 97, Mill Dam, South Shields is Northumberland Park (Tyne & Wear) station which is 6.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 97, Mill Dam, South Shields, 50.5% of property is socially rented and 20.7% is privately rented.
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 97, Mill Dam, South Shields, 14.6% of residents are recorded as possessing school level qualifications and 25.0% 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 97, Mill Dam, South Shields, the average age was 40.6 and the most common age was 32.
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 97, Mill Dam, South Shields, 0.3% 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 97, Mill Dam, South Shields, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.