5, Ridley Grove
5, Ridley Grove
Description & Estimates
Public records show 5, Ridley Grove, South Shields to be a mid-century freehold house with 850 ft2 of internal area, sitting on a 414 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Ridley Grove, South Shields has an estimated sale value of £229,149 and an estimated rental value of £1,021 per month, assuming reasonable condition and based on the information available.
Ridley Grove, South Shields, NE34 lies in the borough of South Tyneside, within the NE34 postal district.
Our Data Sources
5, Ridley Grove, South Shields has a single entry in the Land Registry from July 2018 and a single entry in the EPC database dated June 2018.
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.
Price Range & Condition
In very good condition, we estimate 5, Ridley Grove, South Shields would be worth £240,606, with a potential rental value of £1,072 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £213,108, with a rental value of £950 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Ridley Grove, South Shields has climbed by £1,211 (0.5%) over the last year. During the same period, its estimated monthly rental value has risen by £35 (3.4%). The property's estimated gross yield is currently 5.3%.
Plot Size
5, Ridley Grove, South Shields occupies a 414 m2 plot as recorded by HM Land Registry.
All 30 other houses in this postcode have recorded plot sizes, and this one ranks as the 22nd largest.
Energy Efficiency
5, Ridley Grove, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jun 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Ridley Grove, South Shields last changed hands on 12th July 2018, selling for £145,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 15.3% since July 2018.
- Sold Jul 2018£145,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 480 metres of 5, Ridley Grove, South Shields across the last 2 years.
Most recently, 3, Ridley Grove, South Shields, NE34 6RN, a freehold house, sold at £235,000 on the 3rd December 2024.
Read more about house prices in NE34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 5, Ridley Grove, South Shields as the 22nd largest and the 20th most expensive of the 30 addresses on Ridley Grove, South Shields, NE34.
Against the NE34 postcode district average, it is £61k more expensive than the typical property.
More reading links
Schools Nearby
- 200mSt Gregory's Catholic Primary School, South Shields
- 500mHarton Primary School
- 700mSea View Primary School
- 500mHarton Academy
- 1.4kmMortimer Community College
- 1.6kmSt Wilfrid's RC College
More reading links
Public Transport Nearby
Sunderland station is the nearest stop to 5, Ridley Grove, South Shields at 8.4 kilometres away.
- 8.4kmSunderland
- 9.4kmNorthumberland Park (Tyne & Wear)
- 10.1kmHeworth
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
