59, John Reid Road
59, John Reid Road
Description & Estimates
59, John Reid Road, South Shields is described in the public record as a mid-century apartment with 344 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 59, John Reid Road, South Shields is £49,074 and its rental estimate is £505 per month, given the available information and assuming reasonable condition.
John Reid Road, South Shields, NE34 falls within the NE34 postal district, in the borough of South Tyneside.
Our Data Sources
59, John Reid Road, South Shields has no records in the the Land Registry and a single entry in the EPC database dated October 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 59, John Reid Road, South Shields, we estimate a market value of £51,527 and a rental value of £531 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £45,638 and £470 per month respectively.
Recent Market Change
Over the last year, 59, John Reid Road, South Shields has seen its estimated sale value decrease by £769 (1.6%) and its estimated rental value grow by £7 per month (1.5%). This results in an estimated gross rental yield of 12.4%.
Energy Efficiency
59, John Reid Road, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Oct 2020.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 510 metres of 59, John Reid Road, South Shields, per the Land Registry and our network of Estate Agents.
The latest, on the 4th August 2023, was 40, Winskell Road, South Shields, NE34 9EQ, a freehold house which sold for £120,000.
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
Of the 63 addresses on John Reid Road, South Shields, NE34, 59, John Reid Road, South Shields comes out as the 63rd largest and the 63rd most expensive in our analysis of the public data.
It is also £119k less expensive than the average property across the NE34 district.
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Schools Nearby
- 400mMonkton Academy
- 500mSimonside Primary School
- 600mLord Blyton Primary School
- 1.7kmJarrow School
- 2.2kmBoldon School
- 2.4kmSt Wilfrid's RC College
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Public Transport Nearby
From 59, John Reid Road, South Shields, the nearest station is Heworth, 6.1 kilometres away.
- 6.1kmHeworth
- 8.1kmNorthumberland Park (Tyne & Wear)
- 8.6kmSunderland
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
