Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, 41, The Ridgeway, South Shields is a early-century freehold house with 753 ft2 of internal area and sits on a 223 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 41, The Ridgeway, South Shields is £122,388 and the estimated rental value is £847 per month.
The Ridgeway, South Shields, NE34 is located in the borough of South Tyneside within the NE34 postal district.
41, The Ridgeway, South Shields has a single entry in the Land Registry from July 2024 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, The Ridgeway, South Shields is in very good condition we estimate a sale value of £128,507 and a rental value of £890 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,821 and a rental value of £788 per month.
Over the last 12 months the sale value of 41 The Ridgeway South Shields has increased by an estimated £1,431 (1.2%) and its rental value has increased by an estimated £29 per month (3.5%), giving an expected gross yield of 8.3%.
According to data from HM Land Registry, 41, The Ridgeway, South Shields sits on a plot of 223m2.
We have plot size data on 33 out of 46 other houses in the postcode and 41, The Ridgeway, South Shields sits on the 10th largest plot.
41, The Ridgeway, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Nov 2023.
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, The Ridgeway, South Shields was last sold on 15th July 2024 for £125,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2024, the market for similar properties has dropped 20.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, The Ridgeway, South Shields within a radius of 770 metres over the last 2 years.
The most recent example is 54, The Ridgeway, South Shields, NE34 8BJ, a freehold house which sold for £140,000 on the 6th December 2024.
Read more about house prices in NE34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Ridgeway, South Shields, NE34 has a total of 81 addresses. According to our analysis of all the public data, 41, The Ridgeway, South Shields is the 69th largest and the 75th most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in NE34.
The closest station to 41, The Ridgeway, South Shields is Sunderland station which is 6.8 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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, The Ridgeway, South Shields, 43.2% of property is privately owned outright and 30.3% 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 41, The Ridgeway, South Shields, 17.6% of residents are recorded as possessing school level qualifications and 25.6% 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, The Ridgeway, South Shields, the average age was 42.5 and the most common age was 57.
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, The Ridgeway, South Shields, 0.0% 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 41, The Ridgeway, 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.
