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According to the public record, 43, Lawe Road, South Shields is a period freehold house with 1,520 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 43, Lawe Road, South Shields is £311,866 and the estimated rental value is £1,353 per month.
Lawe Road, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
43, Lawe Road, South Shields has a single entry in the Land Registry from February 2021 and a single entry in the EPC database dated January 2021.
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 43, Lawe Road, South Shields is in very good condition we estimate a sale value of £327,459 and a rental value of £1,421 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £290,035 and a rental value of £1,259 per month.
Over the past 12 months, the estimated sale value of 43, Lawe Road, South Shields has increased by £439 (0.1%), while its estimated rental value has grown by £33 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 5.2%.
43, Lawe Road, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jan 2021.
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, 43, Lawe Road, South Shields was last sold on 11th February 2021 for £237,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2021, the market for similar properties has risen by 16.9%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Lawe Road, South Shields within a radius of 610 metres over the last 2 years.
The most recent example is 74, Lawe Road, South Shields, NE33 2AJ, a freehold house which sold for £321,000 on the 11th 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, 43, Lawe Road, South Shields is the 38th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £182k more expensive than the average property in NE33.
The closest station to 43, 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 43, 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 43, 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 43, 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 43, 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 43, 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.
