41, Richmond Road
41, Richmond Road
Description & Estimates
41, Richmond Road, South Shields is recorded publicly as a mid-century leasehold apartment across 828 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 41, Richmond Road, South Shields is £70,477 and its rental estimate is £578 per month, given the available information and assuming reasonable condition.
Richmond Road, South Shields, NE34 falls within the NE34 postal district, in the borough of South Tyneside.
Our Data Sources
41, Richmond Road, South Shields has 41 entries in the Land Registry , most recently in March 2013 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 41, Richmond Road, South Shields, we estimate a market value of £74,000 and a rental value of £607 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £65,543 and £537 per month respectively.
Recent Market Change
Over the last year, 41, Richmond Road, South Shields has seen its estimated sale value drop by £896 (1.3%) and its estimated rental value rise by £10 per month (1.6%). This results in an estimated gross rental yield of 9.8%.
Energy Efficiency
41, Richmond Road, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 41, Richmond Road, South Shields completed on 6th March 2013 at £80,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 34.2% over the period since March 2013.
- Sold Mar 2013£80,000
- Sold Oct 2008£84,500
- Sold Dec 2003£58,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 41, Richmond Road, South Shields have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st July 2025, was 301, Stanhope Road, South Shields, NE33 4SS, a leasehold flat which sold for £67,500.
Read more about house prices in NE34.
- Sold Jul 2025£67,500 | 3 Bed Flat301, Stanhope Road, South Shields, NE33 4SS301, Stanhope Road, South Shields, NE33 4SS
- Sold Sep 2024£50,000 | 3 Bed Flat329, Stanhope Road, South Shields, NE33 4SS329, Stanhope Road, South Shields, NE33 4SS
- Sold Jul 2024£74,500 | 3 Bed Flat9, Richmond Road, South Shields, NE34 0QL9, Richmond Road, South Shields, NE34 0QL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 122 addresses on Richmond Road, South Shields, NE34, 41, Richmond Road, South Shields comes out as the 24th largest and the 110th most expensive in our analysis of the public data.
It is also £97k less expensive than the average property across the NE34 district.
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Schools Nearby
- 200mAshley Academy
- 200mStanhope Primary School
- 500mSS Peter and Paul Catholic Primary School, South Shields
- 400mSt Wilfrid's RC College
- 700mMortimer Community College
- 1.7kmHarton Academy
More reading links
Public Transport Nearby
From 41, Richmond Road, South Shields, the nearest station is Northumberland Park (Tyne & Wear), 8.3 kilometres away.
- 8.3kmNorthumberland Park (Tyne & Wear)
- 8.3kmHeworth
- 8.6kmSunderland
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
