2, Meldon Avenue
2, Meldon Avenue
Description & Estimates
Public records show 2, Meldon Avenue, South Shields to be a mid-century freehold house with 1,173 ft2 of internal area, sitting on a 294 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, Meldon Avenue, South Shields has an estimated sale value of £326,141 and an estimated rental value of £1,222 per month, assuming reasonable condition and based on the information available.
Meldon Avenue, South Shields, NE34 lies in the borough of South Tyneside, within the NE34 postal district.
Our Data Sources
2, Meldon Avenue, South Shields has 21 entries in the Land Registry , most recently in June 2020 and a single entry in the EPC database dated May 2020.
We combine this information with that 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.
Price Range & Condition
In very good condition, we estimate 2, Meldon Avenue, South Shields would be worth £342,449, with a potential rental value of £1,283 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £303,312, with a rental value of £1,136 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Meldon Avenue, South Shields has declined by £1,808 (0.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £27 (2.2%). The property's estimated gross yield is currently 4.5%.
Plot Size
2, Meldon Avenue, South Shields occupies a 294 m2 plot as recorded by HM Land Registry.
Of the 65 other houses in this postcode, 62 have recorded plot sizes, and this one ranks as the 50th largest.
Energy Efficiency
2, Meldon Avenue, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 May 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Meldon Avenue, South Shields last changed hands on 26th June 2020, selling for £265,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 20.1% since June 2020.
- Sold Jun 2020£265,000
- Sold Jan 1998£77,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 610 metres of 2, Meldon Avenue, South Shields across the last 2 years.
Most recently, 36, Meldon Avenue, South Shields, NE34 0EL, a freehold house, sold at £345,000 on the 8th December 2023.
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
Our analysis of the public data ranks 2, Meldon Avenue, South Shields as the 26th largest and the 26th most expensive of the 65 addresses on Meldon Avenue, South Shields, NE34.
Against the NE34 postcode district average, it is £158k more expensive than the typical property.
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Schools Nearby
- 700mRidgeway Primary Academy
- 700mMortimer Primary School
- 900mAshley Academy
- 600mSt Wilfrid's RC College
- 800mHarton Academy
- 800mMortimer Community College
More reading links
Public Transport Nearby
Sunderland station is the nearest stop to 2, Meldon Avenue, South Shields at 8.1 kilometres away.
- 8.1kmSunderland
- 9.1kmHeworth
- 9.1kmNorthumberland Park (Tyne & Wear)
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
