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According to the public record, 40, Readhead Road, South Shields is a early-century leasehold house with 1,223 ft2 of internal area and sits on a 406 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Readhead Road, South Shields is £293,138 and the estimated rental value is £1,070 per month.
Readhead Road, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
40, Readhead Road, South Shields has 21 entries in the Land Registry , most recently in September 2009 and a single entry in the EPC database dated July 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 40, Readhead Road, South Shields is in very good condition we estimate a sale value of £307,795 and a rental value of £1,123 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,618 and a rental value of £995 per month.
Over the last 12 months the sale value of 40 Readhead Road South Shields has decreased by an estimated £1,625 (0.6%) and its rental value has increased by an estimated £24 per month (2.2%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 40, Readhead Road, South Shields sits on a plot of 406m2.
We have plot size data on 26 out of 26 other houses in the postcode and 40, Readhead Road, South Shields sits on the 12th largest plot.
40, Readhead Road, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jul 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Readhead Road, South Shields was last sold on 4th September 2009 for £220,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since September 2009, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Readhead Road, South Shields within a radius of 590 metres over the last 2 years.
The most recent example is 22, Northfield Road, South Shields, NE33 3HJ, a freehold house which sold for £192,500 on the 19th January 2026.
Read more about house prices in NE34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Readhead Road, South Shields, NE34 has a total of 76 addresses. According to our analysis of all the public data, 40, Readhead Road, South Shields is the 41st largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £125k more expensive than the average property in NE34.
The closest station to 40, Readhead Road, South Shields is Northumberland Park (Tyne & Wear) station which is 8.6 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 40, Readhead Road, South Shields, 66.5% of property is privately owned outright and 23.2% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 40, Readhead Road, South Shields, 10.2% of residents are recorded as possessing school level qualifications and 36.4% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 40, Readhead Road, South Shields, the average age was 44.7 and the most common age was 62.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 40, Readhead Road, South Shields, 1.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 40, Readhead Road, South Shields, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
