40, Greens Place
40, Greens Place
Description & Estimates
40, Greens Place, South Shields is described in the public record as a mid-century apartment with 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 40, Greens Place, South Shields is £85,596 and its rental estimate is £617 per month, given the available information and assuming reasonable condition.
Greens Place, South Shields, NE33 falls within the NE33 postal district, in the borough of South Tyneside.
Our Data Sources
40, Greens Place, South Shields has no records in the the Land Registry and a single entry in the EPC database dated August 2022.
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 40, Greens Place, South Shields, we estimate a market value of £89,876 and a rental value of £648 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £79,604 and £574 per month respectively.
Recent Market Change
Over the last year, 40, Greens Place, South Shields has seen its estimated sale value fall by £704 (0.8%) and its estimated rental value move up by £9 per month (1.4%). This results in an estimated gross rental yield of 8.7%.
Energy Efficiency
40, Greens Place, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Aug 2022.
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 40, Greens Place, South Shields have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd December 2022, was 10, Greens Place, South Shields, NE33 2AE, a leasehold flat which sold for £94,000.
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 109 addresses on Greens Place, South Shields, NE33, 40, Greens Place, South Shields comes out as the 85th largest and the 74th most expensive in our analysis of the public data.
It is also £45k less expensive than the average property across the NE33 district.
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Schools Nearby
- 100mHadrian Primary School
- 900mMarine Park Primary School
- 1.1kmChrist Church CofE Primary School
- 2.2kmJohn Spence Community High School
- 2.5kmNorham High School
- 2.5kmMarden High School
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Public Transport Nearby
From 40, Greens Place, South Shields, the nearest station is Northumberland Park (Tyne & Wear), 6.3 kilometres away.
- 6.3kmNorthumberland Park (Tyne & Wear)
- 9.8kmHeworth
- 10.3kmSeaton Delaval
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
