24, Lorrain Road
24, Lorrain Road
Description & Estimates
The public record describes 24, Lorrain Road, South Shields as a mid-century apartment with 691 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
24, Lorrain Road, South Shields has an estimated sale value of £61,957 and an estimated rental value of £539 per month, assuming reasonable condition and based on the information available.
Lorrain Road, South Shields, NE34 lies in the borough of South Tyneside, within the NE34 postal district.
Our Data Sources
24, Lorrain Road, South Shields has no records in the the Land Registry and a single entry in the EPC database dated April 2010.
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
In very good condition, we estimate 24, Lorrain Road, South Shields would be worth £65,054, with a potential rental value of £566 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £57,620, with a rental value of £502 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 24, Lorrain Road, South Shields has dropped by £958 (1.5%) over the last year. During the same period, its estimated monthly rental value has risen by £8 (1.4%). The property's estimated gross yield is currently 10.4%.
Energy Efficiency
24, Lorrain Road, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Apr 2010.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 500 metres of 24, Lorrain Road, South Shields across the last 2 years.
Most recently, 216A, Whiteleas Way, South Shields, NE34 8HW, a leasehold flat, sold at £270,000 on the 30th March 2017.
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 24, Lorrain Road, South Shields as the 47th largest and the 49th most expensive of the 70 addresses on Lorrain Road, South Shields, NE34.
Against the NE34 postcode district average, it is £106k less expensive than the typical property.
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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
Sunderland station is the nearest stop to 24, Lorrain Road, South Shields at 6.6 kilometres away.
- 6.6kmSunderland
- 8.1kmHeworth
- 10.1kmNorthumberland Park (Tyne & Wear)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
