Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, Flat B, 3 Corporation Quay, Mill Dam, South Shields is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 812 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 Flat B, 3 Corporation Quay, Mill Dam, South Shields is £139,120 and the estimated rental value is £662 per month.
The apartment is within 3, Mill Dam, South Shields, NE33.
Mill Dam, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
Flat B, 3 Corporation Quay, Mill Dam, South Shields has 41 entries in the Land Registry , most recently in October 2015 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 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 Flat B, 3 Corporation Quay, Mill Dam, South Shields is in very good condition we estimate a sale value of £146,076 and a rental value of £695 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,382 and a rental value of £616 per month.
Over the last 12 months the sale value of Flat B 3 Corporation Quay Mill Dam South Shields has decreased by an estimated £729 (0.5%) and its rental value has increased by an estimated £15 per month (2.2%), giving an expected gross yield of 5.7%.
According to HM Land Registry, Flat B, 3 Corporation Quay, Mill Dam, South Shields was last sold on 30th October 2015 for £83,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since October 2015, the market for similar properties has dropped 36.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat B, 3 Corporation Quay, Mill Dam, South Shields within a radius of 790 metres over the last 2 years.
The most recent example is Flat E, Quadrant 55, Mill Dam, South Shields, NE33 1EQ, a leasehold flat which sold for £124,950 on the 12th June 2020.
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, Flat B, 3 Corporation Quay, Mill Dam, South Shields is the 7th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in NE33.
The closest station to Flat B, 3 Corporation Quay, 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 Flat B, 3 Corporation Quay, 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 Flat B, 3 Corporation Quay, 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 Flat B, 3 Corporation Quay, 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 Flat B, 3 Corporation Quay, 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 Flat B, 3 Corporation Quay, 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.
