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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
As updated by North East Property in December 2025, 40, Vernon Close, South Shields is a modern leasehold apartment with 365 ft2 of internal area comprising 1 bedroom.
The property has 57 years remaining on the lease.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Vernon Close, South Shields is £53,672 and the estimated rental value is £470 per month.
Vernon Close, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
40, Vernon Close, South Shields has been updated by North East Property. This data along with public information allows us to provide estimates for both this and neighbouring properties.
The local information is scored as 3 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, Vernon Close, South Shields is in very good condition we estimate a sale value of £56,356 and a rental value of £494 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £49,915 and a rental value of £437 per month.
Over the last 12 months the sale value of 40 Vernon Close South Shields has decreased by an estimated £603 (1.1%) and its rental value has increased by an estimated £7 per month (1.5%), giving an expected gross yield of 10.5%.
40, Vernon Close, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Oct 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 40, Vernon Close, South Shields was last sold on 28th July 2006 for £62,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Vernon Close, South Shields within a radius of 560 metres over the last 2 years.
The most recent example is 25, Anson Close, South Shields, NE33 5DQ, a leasehold flat which sold for £52,000 on the 30th January 2026.
Read more about house prices in NE33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vernon Close, South Shields, NE33 has a total of 44 addresses. According to our analysis of all the public data, 40, Vernon Close, South Shields is the 43rd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £77k less expensive than the average property in NE33.
The closest station to 40, Vernon Close, South Shields is Northumberland Park (Tyne & Wear) station which is 7.3 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, Vernon Close, South Shields, 38.6% of property is privately owned outright and 31.4% 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, Vernon Close, South Shields, 9.9% of residents are recorded as possessing school level qualifications and 24.8% 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, Vernon Close, South Shields, the average age was 40.6 and the most common age was 32.
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, Vernon Close, South Shields, 0.8% 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, Vernon Close, South Shields, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
