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According to the public record, 129, Reading Road, South Shields is a mid-century freehold house with 828 ft2 of internal area and sits on a 293 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 129, Reading Road, South Shields is £209,127 and the estimated rental value is £1,029 per month.
Reading Road, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
129, Reading Road, South Shields has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated May 2015.
We combine this information with that 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.
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 129, Reading Road, South Shields is in very good condition we estimate a sale value of £219,583 and a rental value of £1,080 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,488 and a rental value of £957 per month.
Over the last 12 months the sale value of 129 Reading Road South Shields has increased by an estimated £1,953 (0.9%) and its rental value has increased by an estimated £35 per month (3.4%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 129, Reading Road, South Shields sits on a plot of 293m2.
We have plot size data on 29 out of 29 other houses in the postcode and 129, Reading Road, South Shields sits on the 9th largest plot.
129, Reading Road, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 May 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 129, Reading Road, South Shields was last sold on 9th March 2016 for £165,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2016, the market for similar properties has dropped 13.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 129, Reading Road, South Shields within a radius of 510 metres over the last 2 years.
The most recent example is 43, Temple Park Road, South Shields, NE34 0PU, a freehold house which sold for £170,000 on the 1st April 2022.
Read more about house prices in NE33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reading Road, South Shields, NE33 has a total of 81 addresses. According to our analysis of all the public data, 129, Reading Road, South Shields is the 69th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £79k more expensive than the average property in NE33.
The closest station to 129, Reading Road, South Shields is Northumberland Park (Tyne & Wear) station which is 8.3 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 129, Reading Road, South Shields, 44.7% of property is privately owned outright and 27.2% 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 129, Reading Road, South Shields, 11.9% of residents are recorded as possessing school level qualifications and 30.7% 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 129, Reading Road, South Shields, the average age was 44.3 and the most common age was 52.
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 129, Reading Road, South Shields, 0.0% 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 129, Reading Road, South Shields, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
