24, Ferry Approach
24, Ferry Approach
Description & Estimates
According to the public record, 24, Ferry Approach, South Shields is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Ferry Approach, South Shields is £128,873 and the estimated rental value is £610 per month.
Ferry Approach, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
Our Data Sources
24, Ferry Approach, South Shields has 21 entries in the Land Registry , most recently in November 2008 and a single entry in the EPC database dated January 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 24, Ferry Approach, South Shields is in very good condition we estimate a sale value of £135,317 and a rental value of £641 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £119,852 and a rental value of £568 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 24, Ferry Approach, South Shields has decreased by £1,061 (0.8%), while its estimated rental value has grown by £9 per month (1.4%). Based on current estimates, the property offers a gross rental yield of 5.7%.
Energy Efficiency
24, Ferry Approach, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, 24, Ferry Approach, South Shields was last sold on 18th November 2008 for £34,433 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2008, the market for similar properties has dropped by 29.6%.
- Sold Nov 2008£34,433
- Sold Jun 2004£120,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Ferry Approach, South Shields within a radius of 750 metres over the last 2 years.
The most recent example is 32, Broad Landing, South Shields, NE33 1JL, a leasehold flat which sold for £62,500 on the 7th August 2023.
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
Ferry Approach, South Shields, NE33 has a total of 23 addresses. According to our analysis of all the public data, 24, Ferry Approach, South Shields is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £1k less expensive than the average property in NE33.
More reading links
Schools Nearby
- 700mSt Bede's Catholic Primary School, South Shields
- 800mMarine Park Primary School
- 800mHadrian Primary School
- 2.0kmMortimer Community College
- 2.4kmNorham High School
- 2.6kmSt Wilfrid's RC College
More reading links
Public Transport Nearby
The closest station to 24, Ferry Approach, South Shields is Northumberland Park (Tyne & Wear) station, which is 6.5 kilometres away.
- 6.5kmNorthumberland Park (Tyne & Wear)
- 9.0kmHeworth
- 10.7kmSeaton Delaval
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.
