1, Marsden Lane
1, Marsden Lane
Description & Estimates
The public record lists 1, Marsden Lane, South Shields as a freehold house sitting on a 307 m2 plot.
Comparison with its neighbours suggests a mid-century house with 822 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
1, Marsden Lane, South Shields has an estimated sale value of £63,911 and an estimated rental value of £432 per month, assuming reasonable condition and based on the information available.
Marsden Lane, South Shields, NE34 lies in the borough of South Tyneside, within the NE34 postal district.
Our Data Sources
1, Marsden Lane, South Shields has a single entry in the Land Registry from January 2014 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.
Price Range & Condition
In very good condition, we estimate 1, Marsden Lane, South Shields would be worth £67,106, with a potential rental value of £453 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £59,437, with a rental value of £401 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Marsden Lane, South Shields has grown by £338 (0.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £15 (3.4%). The property's estimated gross yield is currently 8.1%.
Plot Size
1, Marsden Lane, South Shields occupies a 307 m2 plot as recorded by HM Land Registry.
Of the 26 other houses in this postcode, 13 have recorded plot sizes, and this one ranks as the largest.
Sold Prices
1, Marsden Lane, South Shields last changed hands on 10th January 2014, selling for £85,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 42.6% since January 2014.
- Sold Jan 2014£85,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 450 metres of 1, Marsden Lane, South Shields across the last 2 years.
Most recently, 57, St. Cuthberts Avenue, South Shields, NE34 7LN, a freehold house, sold at £3,166,667 on the 5th February 2021.
Read more about house prices in NE34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Marsden Lane, South Shields as the 65th largest and the 120th most expensive of the 120 addresses on Marsden Lane, South Shields, NE34.
Against the NE34 postcode district average, it is £104k less expensive than the typical property.
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Schools Nearby
- 600mSt Gregory's Catholic Primary School, South Shields
- 700mSea View Primary School
- 700mHarton Primary School
- 900mHarton Academy
- 2.0kmMortimer Community College
- 2.2kmSt Wilfrid's RC College
More reading links
Public Transport Nearby
Sunderland station is the nearest stop to 1, Marsden Lane, South Shields at 8.4 kilometres away.
- 8.4kmSunderland
- 9.9kmNorthumberland Park (Tyne & Wear)
- 10.7kmHeworth
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
