1, Grasmere Gardens
1, Grasmere Gardens
Description & Estimates
1, Grasmere Gardens, South Shields is described in the public record as an early-century house with 1,395 ft2 of internal area, sitting on a 296 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Grasmere Gardens, South Shields is £254,474 and its rental estimate is £1,118 per month, given the available information and assuming reasonable condition.
Grasmere Gardens, South Shields, NE34 falls within the NE34 postal district, in the borough of South Tyneside.
Our Data Sources
1, Grasmere Gardens, South Shields has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2011.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 1, Grasmere Gardens, South Shields, we estimate a market value of £267,198 and a rental value of £1,173 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £236,661 and £1,039 per month respectively.
Recent Market Change
Over the last year, 1, Grasmere Gardens, South Shields has seen its estimated sale value drop by £1,411 (0.6%) and its estimated rental value rise by £25 per month (2.2%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 1, Grasmere Gardens, South Shields as measuring 296 m2.
That makes it the 2nd largest plot in the postcode, where 15 of the 16 other houses have recorded plot data.
Energy Efficiency
1, Grasmere Gardens, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Feb 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Grasmere Gardens, South Shields completed on 28th August 1998 at £65,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold Aug 1998£65,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Grasmere Gardens, South Shields have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th October 2024, was 88, Harton Lane, South Shields, NE34 0PP, a freehold house which sold for £225,000.
Read more about house prices in NE34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 16 addresses on Grasmere Gardens, South Shields, NE34, 1, Grasmere Gardens, South Shields comes out as the largest and the most expensive in our analysis of the public data.
It is also £87k more expensive than the average property across the NE34 district.
More reading links
Schools Nearby
- 400mMortimer Primary School
- 700mAshley Academy
- 1.0kmRidgeway Primary Academy
- 600mMortimer Community College
- 600mSt Wilfrid's RC College
- 900mHarton Academy
More reading links
Public Transport Nearby
From 1, Grasmere Gardens, South Shields, the nearest station is Sunderland, 8.3 kilometres away.
- 8.3kmSunderland
- 8.8kmNorthumberland Park (Tyne & Wear)
- 9.0kmHeworth
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
