16, Lorrain Road
16, Lorrain Road
Description & Estimates
According to the public record, 16, Lorrain Road, South Shields is a mid-century apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Lorrain Road, South Shields is £66,392 and the estimated rental value is £558 per month.
Lorrain Road, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
Our Data Sources
16, Lorrain Road, South Shields has no records in the the Land Registry and a single entry in the EPC database dated October 2014.
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
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 16, Lorrain Road, South Shields is in very good condition we estimate a sale value of £69,712 and a rental value of £586 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £61,744 and a rental value of £519 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16, Lorrain Road, South Shields has fallen by £844 (1.3%), while its estimated rental value has moved up by £9 per month (1.6%). Based on current estimates, the property offers a gross rental yield of 10.1%.
Energy Efficiency
16, Lorrain Road, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Oct 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 16, Lorrain Road, South Shields within a radius of 500 metres over the last 2 years.
The most recent example is 41, Sargent Avenue, South Shields, NE34 8JD, a leasehold flat which sold for £64,950 on the 26th January 2007.
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
Lorrain Road, South Shields, NE34 has a total of 70 addresses. According to our analysis of all the public data, 16, Lorrain Road, South Shields is the 29th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in NE34.
More reading links
Schools Nearby
- 300mForest View Primary
- 500mSt Oswald's Catholic Primary School, South Shields
- 1.3kmBiddick Hall Junior School
- 1.4kmBoldon School
- 1.9kmSt Wilfrid's RC College
- 2.4kmHarton Academy
More reading links
Public Transport Nearby
The closest station to 16, Lorrain Road, South Shields is Sunderland station, which is 6.6 kilometres away.
- 6.6kmSunderland
- 8.1kmHeworth
- 10.1kmNorthumberland Park (Tyne & Wear)
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
