52, Olive Street
52, Olive Street
Description & Estimates
According to the public record, 52, Olive Street, South Shields is a period apartment with 925 ft2 of internal area.
Apartments 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 52, Olive Street, South Shields is £46,199 and the estimated rental value is £308 per month.
Olive Street, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
Our Data Sources
52, Olive Street, South Shields has no records in the the Land Registry and a single entry in the EPC database dated September 2021.
We combine this information with public data 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
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 52, Olive Street, South Shields is in very good condition we estimate a sale value of £48,509 and a rental value of £323 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £42,965 and a rental value of £286 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 52, Olive Street, South Shields has moved up by £272 (0.6%), while its estimated rental value has increased by £9 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 8.0%.
Energy Efficiency
52, Olive Street, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 52, Olive Street, South Shields within a radius of 450 metres over the last 2 years.
The most recent example is 50, Olive Street, South Shields, NE33 4RH, a leasehold flat which sold for £46,500 on the 2nd August 2021.
Read more about house prices in NE33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Olive Street, South Shields, NE33 has a total of 104 addresses. According to our analysis of all the public data, 52, Olive Street, South Shields is the 7th largest and the 95th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in NE33.
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Schools Nearby
- 200mSS Peter and Paul Catholic Primary School, South Shields
- 300mStanhope Primary School
- 600mAshley Academy
- 700mSt Wilfrid's RC College
- 1.0kmMortimer Community College
- 2.1kmHarton Academy
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Public Transport Nearby
The closest station to 52, Olive Street, South Shields is Heworth station, which is 7.9 kilometres away.
- 7.9kmHeworth
- 8.1kmNorthumberland Park (Tyne & Wear)
- 8.7kmSunderland
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
