31, Gresford Street
31, Gresford Street
Description & Estimates
31, Gresford Street, South Shields is described in the public record as a period apartment with 452 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 31, Gresford Street, South Shields is £59,709 and its rental estimate is £453 per month, given the available information and assuming reasonable condition.
Gresford Street, South Shields, NE33 falls within the NE33 postal district, in the borough of South Tyneside.
Our Data Sources
31, Gresford Street, South Shields has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2020.
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 31, Gresford Street, South Shields, we estimate a market value of £62,694 and a rental value of £476 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £55,529 and £422 per month respectively.
Recent Market Change
Over the last year, 31, Gresford Street, South Shields has seen its estimated sale value increase by £195 (0.3%) and its estimated rental value grow by £12 per month (2.7%). This results in an estimated gross rental yield of 9.1%.
Energy Efficiency
31, Gresford Street, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Sep 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
The most recent sale of 31, Gresford Street, South Shields completed on 17th October 2006 at £59,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Oct 2006£59,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 31, Gresford Street, South Shields have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd August 2024, was 517A, Stanhope Road, South Shields, NE33 4QX, a leasehold flat which sold for £40,000.
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
Of the 22 addresses on Gresford Street, South Shields, NE33, 31, Gresford Street, South Shields comes out as the 19th largest and the 20th most expensive in our analysis of the public data.
It is also £71k less expensive than the average property across the NE33 district.
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Schools Nearby
- 100mStanhope Primary School
- 300mAshley Academy
- 400mSS Peter and Paul Catholic Primary School, South Shields
- 600mSt Wilfrid's RC College
- 800mMortimer Community College
- 1.9kmHarton Academy
More reading links
Public Transport Nearby
From 31, Gresford Street, South Shields, the nearest station is Northumberland Park (Tyne & Wear), 8.1 kilometres away.
- 8.1kmNorthumberland Park (Tyne & Wear)
- 8.1kmHeworth
- 8.8kmSunderland
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
