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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
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2, Lord Street, South Shields is described in the public record as a period apartment with 678 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2, Lord Street, South Shields is £74,892 and its rental estimate is £509 per month, given the available information and assuming reasonable condition.
Lord Street, South Shields, NE33 falls within the NE33 postal district, in the borough of South Tyneside.
2, Lord Street, South Shields has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 2, Lord Street, South Shields, we estimate a market value of £78,637 and a rental value of £535 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £69,650 and £473 per month respectively.
Over the last year, 2, Lord Street, South Shields has seen its estimated sale value grow by £245 (0.3%) and its estimated rental value climb by £14 per month (2.7%). This results in an estimated gross rental yield of 8.2%.
2, Lord Street, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 2, Lord Street, South Shields completed on 12th November 1998 at £32,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Over the past 2 years 3 properties similar to 2, Lord Street, South Shields have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th January 2024, was 15, Lord Street, South Shields, NE33 3DB, a leasehold flat which sold for £50,000.
Read more about house prices in NE33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 19 addresses on Lord Street, South Shields, NE33, 2, Lord Street, South Shields comes out as the 13th largest and the 14th most expensive in our analysis of the public data.
It is also £55k less expensive than the average property across the NE33 district.
From 2, Lord Street, South Shields, the nearest station is Northumberland Park (Tyne & Wear), 7.9 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Lord Street, South Shields, 31.9% of property is privately owned outright and 31.9% 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 2, Lord Street, South Shields, 17.8% of residents are recorded as possessing school level qualifications and 36.7% 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 2, Lord Street, South Shields, the average age was 44.7 and the most common age was 62.
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 2, Lord Street, 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 2, Lord Street, South Shields, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
