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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
13, The Ridgeway, South Shields is described in the public record as a mid-century house with 667 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 13, The Ridgeway, South Shields is £127,346 and its rental estimate is £915 per month, given the available information and assuming reasonable condition.
The Ridgeway, South Shields, NE34 falls within the NE34 postal district, in the borough of South Tyneside.
13, The Ridgeway, South Shields has no records in the the Land Registry and a single entry in the EPC database dated October 2023.
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.
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 13, The Ridgeway, South Shields, we estimate a market value of £133,714 and a rental value of £961 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £118,432 and £851 per month respectively.
Over the last year, 13, The Ridgeway, South Shields has seen its estimated sale value grow by £673 (0.5%) and its estimated rental value climb by £31 per month (3.4%). This results in an estimated gross rental yield of 8.6%.
13, The Ridgeway, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 13, The Ridgeway, South Shields have sold within a radius of 770 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th July 2024, was 41, The Ridgeway, South Shields, NE34 8BB, a freehold house which sold for £125,000.
Read more about house prices in NE34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 81 addresses on The Ridgeway, South Shields, NE34, 13, The Ridgeway, South Shields comes out as the 79th largest and the 55th most expensive in our analysis of the public data.
It is also £40k less expensive than the average property across the NE34 district.
From 13, The Ridgeway, South Shields, the nearest station is Sunderland, 6.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 13, The Ridgeway, South Shields, 46.6% of property is privately owned outright and 31.0% 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 13, The Ridgeway, South Shields, 13.5% of residents are recorded as possessing school level qualifications and 30.3% 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 13, The Ridgeway, South Shields, the average age was 42.5 and the most common age was 57.
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 13, The Ridgeway, 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 13, The Ridgeway, 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.
