4, Myrtle Grove
4, Myrtle Grove
Description & Estimates
4, Myrtle Grove, South Shields is described in the public record as a mid-century house with 828 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Myrtle Grove, South Shields is £122,872 and its rental estimate is £828 per month, given the available information and assuming reasonable condition.
Myrtle Grove, South Shields, NE34 falls within the NE34 postal district, in the borough of South Tyneside.
Our Data Sources
4, Myrtle Grove, South Shields has no records in the the Land Registry and a single entry in the EPC database dated November 2021.
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 4, Myrtle Grove, South Shields, we estimate a market value of £129,015 and a rental value of £869 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £114,271 and £770 per month respectively.
Recent Market Change
Over the last year, 4, Myrtle Grove, South Shields has seen its estimated sale value grow by £649 (0.5%) and its estimated rental value climb by £28 per month (3.4%). This results in an estimated gross rental yield of 8.1%.
Energy Efficiency
4, Myrtle Grove, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Myrtle Grove, South Shields have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th July 2023, was 17, Sycamore Avenue, South Shields, NE34 8BG, a freehold house which sold for £87,500.
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 8 addresses on Myrtle Grove, South Shields, NE34, 4, Myrtle Grove, South Shields comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £45k less expensive than the average property across the NE34 district.
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Schools Nearby
- 400mRidgeway Primary Academy
- 1.1kmHarton Primary School
- 1.2kmSt Oswald's Catholic Primary School, South Shields
- 1.0kmHarton Academy
- 1.6kmSt Wilfrid's RC College
- 1.9kmMortimer Community College
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Public Transport Nearby
From 4, Myrtle Grove, South Shields, the nearest station is Sunderland, 7.0 kilometres away.
- 7.0kmSunderland
- 9.5kmHeworth
- 10.2kmNorthumberland Park (Tyne & Wear)
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.
