61, Lawe Road
61, Lawe Road
Description & Estimates
61, Lawe Road, South Shields appears in the public record as a freehold house sitting on a 98.1 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,704 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 61, Lawe Road, South Shields is £322,347 and its rental estimate is £1,447 per month, given the available information and assuming reasonable condition.
Lawe Road, South Shields, NE33 falls within the NE33 postal district, in the borough of South Tyneside.
Our Data Sources
61, Lawe Road, South Shields has 2 entries in the Land Registry , most recently in May 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 61, Lawe Road, South Shields, we estimate a market value of £338,465 and a rental value of £1,519 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £299,783 and £1,346 per month respectively.
Recent Market Change
Over the last year, 61, Lawe Road, South Shields has seen its estimated sale value grow by £453 (0.1%) and its estimated rental value climb by £35 per month (2.4%). This results in an estimated gross rental yield of 5.4%.
Plot Size
HM Land Registry records the plot of land for 61, Lawe Road, South Shields as measuring 98 m2.
That makes it the 7th largest plot in the postcode, where all 8 other houses have recorded plot data.
Sold Prices
The most recent sale of 61, Lawe Road, South Shields completed on 10th May 2013 at £249,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 38.0% over the period since May 2013.
- Sold May 2013£249,950
- Sold Jul 2011£235,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 61, Lawe Road, South Shields have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th October 2023, was 74, Lawe Road, South Shields, NE33 2AJ, a freehold house which sold for £321,000.
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
Of the 115 addresses on Lawe Road, South Shields, NE33, 61, Lawe Road, South Shields comes out as the 33rd largest and the 27th most expensive in our analysis of the public data.
It is also £192k more expensive than the average property across the NE33 district.
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Schools Nearby
- 300mHadrian Primary School
- 700mMarine Park Primary School
- 1.2kmSt Bede's Catholic Primary School, South Shields
- 2.5kmMortimer Community College
- 2.6kmJohn Spence Community High School
- 2.8kmMarden High School
More reading links
Public Transport Nearby
From 61, Lawe Road, South Shields, the nearest station is Northumberland Park (Tyne & Wear), 6.7 kilometres away.
- 6.7kmNorthumberland Park (Tyne & Wear)
- 10.0kmHeworth
- 10.6kmSeaton Delaval
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.
