50, The Ridgeway
50, The Ridgeway
Description & Estimates
Public records show 50, The Ridgeway, South Shields to be an early-century freehold house with 850 ft2 of internal area, sitting on a 329 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
50, The Ridgeway, South Shields has an estimated sale value of £144,228 and an estimated rental value of £963 per month, assuming reasonable condition and based on the information available.
The Ridgeway, South Shields, NE34 lies in the borough of South Tyneside, within the NE34 postal district.
Our Data Sources
50, The Ridgeway, South Shields has a single entry in the Land Registry from March 2015 and a single entry in the EPC database dated October 2014.
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
In very good condition, we estimate 50, The Ridgeway, South Shields would be worth £151,439, with a potential rental value of £1,011 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £134,132, with a rental value of £895 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 50, The Ridgeway, South Shields has climbed by £762 (0.5%) over the last year. During the same period, its estimated monthly rental value has risen by £33 (3.4%). The property's estimated gross yield is currently 8.0%.
Plot Size
50, The Ridgeway, South Shields occupies a 329 m2 plot as recorded by HM Land Registry.
Of the 27 other houses in this postcode, 26 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
50, The Ridgeway, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
50, The Ridgeway, South Shields last changed hands on 19th March 2015, selling for £97,880. 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 8.0% since March 2015.
- Sold Mar 2015£97,880
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 760 metres of 50, The Ridgeway, South Shields across the last 2 years.
Most recently, 54, The Ridgeway, South Shields, NE34 8BJ, a freehold house, sold at £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.
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Location Comparison
Our analysis of the public data ranks 50, The Ridgeway, South Shields as the 36th largest and the 14th most expensive of the 81 addresses on The Ridgeway, South Shields, NE34.
Against the NE34 postcode district average, it is £24k less expensive than the typical property.
More reading links
Schools Nearby
- 600mRidgeway Primary Academy
- 1.2kmCleadon Church of England Academy
- 1.2kmSt Oswald's Catholic Primary School, South Shields
- 1.2kmHarton Academy
- 1.8kmSt Wilfrid's RC College
- 2.1kmMortimer Community College
More reading links
Public Transport Nearby
Sunderland station is the nearest stop to 50, The Ridgeway, South Shields at 6.8 kilometres away.
- 6.8kmSunderland
- 9.5kmHeworth
- 10.4kmNorthumberland Park (Tyne & Wear)
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.
