56, Olive Street
56, Olive Street
Description & Estimates
56, Olive Street, South Shields is recorded publicly as a period leasehold apartment across 570 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 56, Olive Street, South Shields is £37,220 and its rental estimate is £274 per month, given the available information and assuming reasonable condition.
Olive Street, South Shields, NE33 falls within the NE33 postal district, in the borough of South Tyneside.
Our Data Sources
56, Olive Street, South Shields has 61 entries in the Land Registry , most recently in March 2026 and a single entry in the EPC database dated June 2025.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 56, Olive Street, South Shields, we estimate a market value of £39,081 and a rental value of £288 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £34,614 and £255 per month respectively.
Recent Market Change
Over the last year, 56, Olive Street, South Shields has seen its estimated sale value rise by £122 (0.3%) and its estimated rental value move up by £7 per month (2.7%). This results in an estimated gross rental yield of 8.8%.
Energy Efficiency
56, Olive Street, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jun 2025.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 56, Olive Street, South Shields completed on 9th March 2026 at £37,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 6 times.
Values of comparable properties have risen by 8.3% over the period since March 2026.
- Sold Mar 2026£37,000
- Sold May 2006£54,500
- Sold Apr 2006£64,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 440 metres of 56, Olive Street, South Shields, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2025, was 37, Lemon Street, South Shields, NE33 4RQ, a freehold house which sold for £91,000.
Read more about house prices in NE33.
- Sold Dec 2025£91,000 | 3 Bed House37, Lemon Street, South Shields, NE33 4RQ37, Lemon Street, South Shields, NE33 4RQ
- Sold Aug 2021£46,500 | 3 Bed Flat50, Olive Street, South Shields, NE33 4RH50, Olive Street, South Shields, NE33 4RH
- Sold Dec 2014£63,000 | 3 Bed FlatFlat A, 39, Lemon Street, South Shields, NE33 4RQFlat A, 39, Lemon Street, South Shields, NE33 4RQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 104 addresses on Olive Street, South Shields, NE33, 56, Olive Street, South Shields comes out as the 73rd largest and the 102nd most expensive in our analysis of the public data.
It is also £93k less expensive than the average property across the NE33 district.
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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
More reading links
Public Transport Nearby
From 56, Olive Street, South Shields, the nearest station is Heworth, 7.9 kilometres away.
- 7.9kmHeworth
- 8.1kmNorthumberland Park (Tyne & Wear)
- 8.7kmSunderland
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
