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Readhead Road is a residential street with 76 addresses.
It ranks as the 670th largest and 693rd most expensive of the 780 streets in the NE34 area. The dominant property type is a early-century house built between 1912 and 1935.
The street contains a total of 76 properties: 75 houses and 1 flat.
Readhead Road is a residential street with 76 addresses.
It ranks as the 670th largest and 693rd most expensive of the 780 streets in the NE34 area. The dominant property type is a early-century house built between 1912 and 1935.
The street contains a total of 76 properties: 75 houses and 1 flat.
Sale prices range from £166,415 for 3 bedroom leasehold flats with a garden (796 ft2) to £460,683 for 4 bedroom leasehold houses with a garden (1,732 ft2) .
Monthly rental prices range from £721 pcm for 3 bed flats to £1,604 pcm for 4 bed houses.
The gross rental yield is between 4.2% and 5.8%.
The average value per square foot is £267.
The last sale on Readhead Road sold for £347,500 on 5th November 2025. Since then prices are up an average of 2.4%.
The current average value in the street is £309,056.
The Readhead Road Sales Market has increased by 19.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.3% | £309,056 |
| May 2025 | 1.1% | £309,969 |
| May 2024 | 4.5% | £306,710 |
| May 2023 | -2.3% | £293,387 |
| May 2022 | 7.6% | £300,426 |
| May 2021 | 4.4% | £279,322 |
| May 2020 | 3.2% | £267,439 |
| May 2019 | -0.2% | £259,260 |
| May 2018 | 2.3% | £259,813 |
| May 2017 | -1.6% | £253,943 |
| May 2016 | 1.2% | £258,005 |
| May 2015 | 2.5% | £254,936 |
| May 2014 | 3.4% | £248,665 |
| May 2013 | -0.7% | £240,415 |
| May 2012 | -4.6% | £242,169 |
| May 2011 | 1.8% | £253,758 |
| May 2010 | 4.6% | £249,275 |
| May 2009 | -11% | £238,411 |
| May 2008 | -1.9% | £267,981 |
| May 2007 | 0% | £273,203 |
The current average rental value in the street is £1,163.
The Readhead Road Rental Market has increased by 48.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.2% | £1,163pcm |
| May 2025 | 2.4% | £1,137pcm |
| May 2024 | 9.8% | £1,110pcm |
| May 2023 | 11.8% | £1,012pcm |
| May 2022 | 8.4% | £905pcm |
| May 2021 | 4.6% | £834pcm |
| May 2020 | 1.9% | £798pcm |
| May 2019 | -0.1% | £783pcm |
| May 2018 | -0.1% | £783pcm |
| May 2017 | 0.3% | £784pcm |
| May 2016 | 1.4% | £782pcm |
| May 2015 | 1.9% | £771pcm |
| May 2014 | 0.4% | £756pcm |
| May 2013 | 1% | £753pcm |
| May 2012 | 1.2% | £746pcm |
| May 2011 | 2.3% | £737pcm |
| May 2010 | 3.6% | £720pcm |
| May 2009 | -3.9% | £695pcm |
| May 2008 | 4.1% | £724pcm |
| May 2007 | 0% | £695pcm |
The last sale was on 5th November 2025 for £347,500 and since then the market in the area has increased by 2.4%. The street has had a total of 91 sales since 1995.
Readhead Road, South Shields, NE34 has seen 6 sales in the last three years and 2 sales in the last twelve months.
Readhead Road, South Shields, NE34 is the 670th largest and the 693rd most expensive street in the NE34 area.
There are 3 postcodes on Readhead Road, South Shields, NE34.
The closest station to Readhead Road, South Shields, NE34 is Northumberland Park (Tyne & Wear) station which is 8.5 kilometres away.
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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 Readhead Road, South Shields, NE34, 71.9% of property is privately owned outright and 25.2% 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 Readhead Road, South Shields, NE34, 13.9% of residents are recorded as possessing school level qualifications and 42.8% 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 Readhead Road, South Shields, NE34, 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 Readhead Road, South Shields, NE34, 0.7% 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 Readhead Road, South Shields, NE34, 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.