40, Redberry Way
40, Redberry Way
Description & Estimates
40, Redberry Way, South Shields is described in the public record as a mid-century house with 602 ft2 of internal area, sitting on a 169 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 40, Redberry Way, South Shields is £106,029 and its rental estimate is £695 per month, given the available information and assuming reasonable condition.
Redberry Way, South Shields, NE34 falls within the NE34 postal district, in the borough of South Tyneside.
Our Data Sources
40, Redberry Way, South Shields has no records in the the Land Registry and a single entry in the EPC database dated April 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, Redberry Way, South Shields, we estimate a market value of £111,330 and a rental value of £730 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £98,607 and £646 per month respectively.
Recent Market Change
Over the last year, 40, Redberry Way, South Shields has seen its estimated sale value grow by £743 (0.7%) and its estimated rental value climb by £24 per month (3.4%). This results in an estimated gross rental yield of 7.9%.
Plot Size
HM Land Registry records the plot of land for 40, Redberry Way, South Shields as measuring 169 m2.
That makes it the 21st largest plot in the postcode, where 30 of the 44 other houses have recorded plot data.
Energy Efficiency
40, Redberry Way, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Apr 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, Redberry Way, South Shields have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th December 2023, was 24, Bluebell Way, South Shields, NE34 0BZ, a freehold house which sold for £67,000.
Read more about house prices in NE34.
- Sold Dec 2023£67,000 | 2 Bed House24, Bluebell Way, South Shields, NE34 0BZ24, Bluebell Way, South Shields, NE34 0BZ
- Sold Sep 2023£107,500 | 3 Bed House7, Honeysuckle Avenue, South Shields, NE34 0BJ7, Honeysuckle Avenue, South Shields, NE34 0BJ
- Sold May 2021£70,000 | 2 Bed House32, Bluebell Way, South Shields, NE34 0BZ32, Bluebell Way, South Shields, NE34 0BZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 52 addresses on Redberry Way, South Shields, NE34, 40, Redberry Way, South Shields comes out as the 41st largest and the 41st most expensive in our analysis of the public data.
It is also £62k less expensive than the average property across the NE34 district.
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Schools Nearby
- 200mHoly Trinity Church of England Academy (South Shields)
- 500mBiddick Hall Junior School
- 700mSS Peter and Paul Catholic Primary School, South Shields
- 1.2kmSt Wilfrid's RC College
- 1.8kmMortimer Community College
- 2.1kmBoldon School
More reading links
Public Transport Nearby
From 40, Redberry Way, South Shields, the nearest station is Heworth, 7.4 kilometres away.
- 7.4kmHeworth
- 8.1kmSunderland
- 8.6kmNorthumberland Park (Tyne & Wear)
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.
