29, Readhead Avenue
29, Readhead Avenue
Description & Estimates
The public record lists 29, Readhead Avenue, South Shields as a leasehold apartment.
Comparison with its neighbours suggests a period apartment with 863 ft2 of internal area and a garden.
In this area, apartments of this size normally have 3 bedrooms.
29, Readhead Avenue, South Shields has an estimated sale value of £85,791 and an estimated rental value of £557 per month, assuming reasonable condition and based on the information available.
Readhead Avenue, South Shields, NE33 lies in the borough of South Tyneside, within the NE33 postal district.
Our Data Sources
29, Readhead Avenue, South Shields has a single entry in the Land Registry from September 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 29, Readhead Avenue, South Shields would be worth £90,081, with a potential rental value of £585 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £79,786, with a rental value of £518 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 29, Readhead Avenue, South Shields has climbed by £505 (0.6%) over the last year. During the same period, its estimated monthly rental value has risen by £17 (3.0%). The property's estimated gross yield is currently 7.8%.
Sold Prices
29, Readhead Avenue, South Shields last changed hands on 15th September 2008, selling for £108,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 5.2% since September 2008.
- Sold Sep 2008£108,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 400 metres of 29, Readhead Avenue, South Shields across the last 2 years.
Most recently, 16, Coleridge Avenue, South Shields, NE33 3EZ, a leasehold flat, sold at £97,000 on the 23rd March 2026.
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
Our analysis of the public data ranks 29, Readhead Avenue, South Shields as the 5th largest and the 14th most expensive of the 39 addresses on Readhead Avenue, South Shields, NE33.
Against the NE33 postcode district average, it is £44k less expensive than the typical property.
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Schools Nearby
- 600mWestoe Crown Primary School
- 700mLaygate Community School
- 800mSt Bede's Catholic Primary School, South Shields
- 900mMortimer Community College
- 1.6kmSt Wilfrid's RC College
- 1.7kmHarton Academy
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Public Transport Nearby
Northumberland Park (Tyne & Wear) station is the nearest stop to 29, Readhead Avenue, South Shields at 8.0 kilometres away.
- 8.0kmNorthumberland Park (Tyne & Wear)
- 9.5kmHeworth
- 9.6kmSunderland
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.
