10, Olive Street
10, Olive Street
Description & Estimates
According to the public record, 10, Olive Street, South Shields is a period leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 10, Olive Street, South Shields is £40,806 and the estimated rental value is £286 per month.
Olive Street, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
Our Data Sources
10, Olive Street, South Shields has 2 entries in the Land Registry , most recently in September 2015 and a single entry in the EPC database dated April 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 10, Olive Street, South Shields is in very good condition we estimate a sale value of £42,846 and a rental value of £300 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £37,949 and a rental value of £266 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 10, Olive Street, South Shields has risen by £133 (0.3%), while its estimated rental value has moved up by £8 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 8.4%.
Energy Efficiency
10, Olive Street, South Shields has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Apr 2014.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 10, Olive Street, South Shields was last sold on 24th September 2015 for £29,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2015, the market for similar properties has risen by 28.7%.
- Sold Sep 2015£29,000
- Sold Aug 2007£25,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Olive Street, South Shields within a radius of 430 metres over the last 2 years.
The most recent example is 114, Boldon Lane, South Shields, NE34 0BY, a leasehold flat which sold for £41,000 on the 28th March 2024.
Read more about house prices in NE33.
- Sold Mar 2024£41,000 | 3 Bed Flat114, Boldon Lane, South Shields, NE34 0BY114, Boldon Lane, South Shields, NE34 0BY
- Sold Jun 2021£37,000 | 3 Bed Flat104, Boldon Lane, South Shields, NE34 0BY104, Boldon Lane, South Shields, NE34 0BY
- Sold Jun 2021£37,000 | 3 Bed Flat102, Boldon Lane, South Shields, NE34 0BY102, Boldon Lane, South Shields, NE34 0BY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Olive Street, South Shields, NE33 has a total of 104 addresses. According to our analysis of all the public data, 10, Olive Street, South Shields is the 61st largest and the 98th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in NE33.
More reading links
Schools Nearby
- 200mSS Peter and Paul Catholic Primary School, South Shields
- 300mStanhope Primary School
- 600mAshley Academy
- 700mSt Wilfrid's RC College
- 1.0kmMortimer Community College
- 2.1kmHarton Academy
More reading links
Public Transport Nearby
The closest station to 10, Olive Street, South Shields is Heworth station, which is 7.9 kilometres away.
- 7.9kmHeworth
- 8.1kmNorthumberland Park (Tyne & Wear)
- 8.7kmSunderland
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
