20, Lorrain Road
20, Lorrain Road
Description & Estimates
20, Lorrain Road, South Shields is described in the public record as a mid-century apartment with 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 20, Lorrain Road, South Shields is £60,896 and its rental estimate is £538 per month, given the available information and assuming reasonable condition.
Lorrain Road, South Shields, NE34 falls within the NE34 postal district, in the borough of South Tyneside.
Our Data Sources
20, Lorrain Road, South Shields has no records in the the Land Registry and a single entry in the EPC database dated May 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
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 20, Lorrain Road, South Shields, we estimate a market value of £63,941 and a rental value of £565 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £56,633 and £501 per month respectively.
Recent Market Change
Over the last year, 20, Lorrain Road, South Shields has seen its estimated sale value fall by £941 (1.5%) and its estimated rental value move up by £8 per month (1.4%). This results in an estimated gross rental yield of 10.6%.
Energy Efficiency
20, Lorrain Road, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 May 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
Over the past 2 years 1 property similar to 20, Lorrain Road, South Shields has sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th March 2017, was 216A, Whiteleas Way, South Shields, NE34 8HW, a leasehold flat which sold for £270,000.
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
Of the 70 addresses on Lorrain Road, South Shields, NE34, 20, Lorrain Road, South Shields comes out as the 53rd largest and the 55th most expensive in our analysis of the public data.
It is also £107k less expensive than the average property across the NE34 district.
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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
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Public Transport Nearby
From 20, Lorrain Road, South Shields, the nearest station is Sunderland, 6.6 kilometres away.
- 6.6kmSunderland
- 8.1kmHeworth
- 10.1kmNorthumberland Park (Tyne & Wear)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
