18, Readhead Avenue
18, Readhead Avenue
Description & Estimates
According to the public record, 18, Readhead Avenue, South Shields is a mid-century leasehold apartment with 850 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 18, Readhead Avenue, South Shields is £85,114 and the estimated rental value is £555 per month.
Readhead Avenue, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
Our Data Sources
18, Readhead Avenue, South Shields has 51 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated May 2021.
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.
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 18, Readhead Avenue, South Shields is in very good condition we estimate a sale value of £89,370 and a rental value of £583 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £79,156 and a rental value of £517 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 18, Readhead Avenue, South Shields has fallen by £551 (0.6%), while its estimated rental value has moved up by £9 per month (1.7%). Based on current estimates, the property offers a gross rental yield of 7.8%.
Energy Efficiency
18, Readhead Avenue, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 18, Readhead Avenue, South Shields was last sold on 22nd October 2021 for £85,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since October 2021, the market for similar properties has dropped by 0.8%.
- Sold Oct 2021£85,000
- Sold Jul 2006£90,000
- Sold Oct 2003£62,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Readhead Avenue, South Shields within a radius of 390 metres over the last 2 years.
The most recent example is 16, Coleridge Avenue, South Shields, NE33 3EZ, a leasehold flat which sold for £97,000 on the 23rd March 2026.
Read more about house prices in NE33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Readhead Avenue, South Shields, NE33 has a total of 39 addresses. According to our analysis of all the public data, 18, Readhead Avenue, South Shields is the 6th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in NE33.
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Schools Nearby
- 600mWestoe Crown Primary School
- 700mLaygate Community School
- 800mSt Bede's Catholic Primary School, South Shields
- 900mMortimer Community College
- 1.6kmSt Wilfrid's RC College
- 1.7kmHarton Academy
More reading links
Public Transport Nearby
The closest station to 18, Readhead Avenue, South Shields is Northumberland Park (Tyne & Wear) station, which is 8.0 kilometres away.
- 8.0kmNorthumberland Park (Tyne & Wear)
- 9.5kmHeworth
- 9.6kmSunderland
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.
