138, Quarry Lane
138, Quarry Lane
Description & Estimates
138, Quarry Lane, South Shields is described in the public record as a mid-century apartment with 753 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 138, Quarry Lane, South Shields is £61,272 and its rental estimate is £530 per month, given the available information and assuming reasonable condition.
Quarry Lane, South Shields, NE34 falls within the NE34 postal district, in the borough of South Tyneside.
Our Data Sources
138, Quarry Lane, South Shields has no records in the the Land Registry and a single entry in the EPC database dated March 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 138, Quarry Lane, South Shields, we estimate a market value of £64,335 and a rental value of £556 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £56,983 and £493 per month respectively.
Recent Market Change
Over the last year, 138, Quarry Lane, South Shields has seen its estimated sale value drop by £779 (1.3%) and its estimated rental value rise by £9 per month (1.6%). This results in an estimated gross rental yield of 10.4%.
Energy Efficiency
138, Quarry Lane, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 610 metres of 138, Quarry Lane, South Shields, per the Land Registry and our network of Estate Agents.
The latest, on the 20th August 2024, was 126, Quarry Lane, South Shields, NE34 7RD, a freehold house which sold for £100,000.
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
Of the 140 addresses on Quarry Lane, South Shields, NE34, 138, Quarry Lane, South Shields comes out as the 83rd largest and the 139th most expensive in our analysis of the public data.
It is also £107k less expensive than the average property across the NE34 district.
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Schools Nearby
- 600mHarton Primary School
- 1.1kmRidgeway Primary Academy
- 1.3kmSt Gregory's Catholic Primary School, South Shields
- 800mHarton Academy
- 2.1kmSt Wilfrid's RC College
- 2.2kmMortimer Community College
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Public Transport Nearby
From 138, Quarry Lane, South Shields, the nearest station is Sunderland, 7.3 kilometres away.
- 7.3kmSunderland
- 10.3kmHeworth
- 10.4kmNorthumberland Park (Tyne & Wear)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
