2, Madras Street
2, Madras Street
Description & Estimates
According to the public record, 2, Madras Street, South Shields is a period house with 592 ft2 of internal area and sits on a 71.3 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Madras Street, South Shields is £68,932 and the estimated rental value is £491 per month.
Madras Street, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
Our Data Sources
2, Madras Street, South Shields has no records in the the Land Registry and a single entry in the EPC database dated June 2024.
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.
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 2, Madras Street, South Shields is in very good condition we estimate a sale value of £72,379 and a rental value of £515 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,107 and a rental value of £456 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Madras Street, South Shields has risen by £483 (0.7%), while its estimated rental value has moved up by £17 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 8.5%.
Plot Size
According to data from HM Land Registry, 2, Madras Street, South Shields sits on a plot of 71 m2.
We have plot size data on 17 out of 30 other houses in the postcode and 2, Madras Street, South Shields sits on the 5th largest plot.
Energy Efficiency
2, Madras Street, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jun 2024.
The property is connected to mains gas and has fully double 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 have been 3 sales of properties similar to 2, Madras Street, South Shields within a radius of 520 metres over the last 2 years.
The most recent example is 10, Madras Street, South Shields, NE34 9AY, a freehold house which sold for £65,000 on the 22nd October 2021.
Read more about house prices in NE34.
- Sold Oct 2021£65,000 | 3 Bed House10, Madras Street, South Shields, NE34 9AY10, Madras Street, South Shields, NE34 9AY
- Sold Sep 2017£60,000 | 3 Bed House2, Tennant Street, South Shields, NE34 9AU2, Tennant Street, South Shields, NE34 9AU
- Sold Nov 2009£55,000 | 2 Bed House6, Tennant Street, South Shields, NE34 9AU6, Tennant Street, South Shields, NE34 9AU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Madras Street, South Shields, NE34 has a total of 30 addresses. According to our analysis of all the public data, 2, Madras Street, South Shields is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in NE34.
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Schools Nearby
- 300mMonkton Infants' School
- 500mBiddick Hall Junior School
- 500mLord Blyton Primary School
- 1.6kmSt Wilfrid's RC College
- 1.9kmBoldon School
- 2.2kmMortimer Community College
More reading links
Public Transport Nearby
The closest station to 2, Madras Street, South Shields is Heworth station, which is 6.9 kilometres away.
- 6.9kmHeworth
- 8.2kmSunderland
- 8.5kmNorthumberland Park (Tyne & Wear)
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
