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According to the public record, 41, Lawe Road, South Shields is a period freehold house with 3,110 ft2 of internal area and sits on a 197 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 41, Lawe Road, South Shields is £449,898 and the estimated rental value is £2,005 per month.
Lawe Road, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
41, Lawe Road, South Shields has 41 entries in the Land Registry , most recently in September 2020 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 41, Lawe Road, South Shields is in very good condition we estimate a sale value of £472,393 and a rental value of £2,105 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £418,405 and a rental value of £1,865 per month.
Over the last 12 months the sale value of 41 Lawe Road South Shields has decreased by an estimated £3,398 (0.8%) and its rental value has increased by an estimated £39 per month (1.9%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 41, Lawe Road, South Shields sits on a plot of 197m2.
We have plot size data on 11 out of 13 other houses in the postcode and 41, Lawe Road, South Shields sits on the 8th largest plot.
41, Lawe Road, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Aug 2022.
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, 41, Lawe Road, South Shields was last sold on 4th September 2020 for £349,950 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since September 2020, the market for similar properties has risen 17.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Lawe Road, South Shields within a radius of 600 metres over the last 2 years.
The most recent example is 47, Lawe Road, South Shields, NE33 2EN, a freehold house which sold for £432,000 on the 13th October 2023.
Read more about house prices in NE33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lawe Road, South Shields, NE33 has a total of 115 addresses. According to our analysis of all the public data, 41, Lawe Road, South Shields is the 9th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £320k more expensive than the average property in NE33.
The closest station to 41, Lawe Road, South Shields is Northumberland Park (Tyne & Wear) station which is 6.9 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 41, Lawe Road, South Shields, 38.0% of property is privately rented and 32.4% is privately owned outright.
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 41, Lawe Road, South Shields, 23.2% of residents are recorded as possessing school level qualifications and 37.4% 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 41, Lawe Road, South Shields, the average age was 41.4 and the most common age was 42.
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 41, Lawe Road, South Shields, 0.7% 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 41, Lawe Road, South Shields, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.