62, Lawe Road
62, Lawe Road
Description & Estimates
62, Lawe Road, South Shields is recorded publicly as a period freehold house across 1,431 ft2 of internal area, sitting on a 108 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 62, Lawe Road, South Shields is £294,283 and its rental estimate is £1,321 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
62, Lawe Road, South Shields has 21 entries in the Land Registry , most recently in April 2012 and a single entry in the EPC database dated December 2011.
We combine this information with that 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 62, Lawe Road, South Shields, we estimate a market value of £308,997 and a rental value of £1,387 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £273,683 and £1,229 per month respectively.
Recent Market Change
Over the last year, 62, Lawe Road, South Shields has seen its estimated sale value move up by £414 (0.1%) and its estimated rental value increase by £32 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 62, Lawe Road, South Shields as measuring 108 m2.
That makes it the 6th largest plot in the postcode, where all 8 other houses have recorded plot data.
Energy Efficiency
62, Lawe Road, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Dec 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 62, Lawe Road, South Shields completed on 16th April 2012 at £205,000 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 38.3% over the period since April 2012.
- Sold Apr 2012£205,000
- Sold May 2006£215,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 62, 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 8th December 2020, was 40, Trajan Avenue, South Shields, NE33 2AN, a freehold house which sold for £226,000.
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, 62, Lawe Road, South Shields comes out as the 48th largest and the 38th most expensive in our analysis of the public data.
It is also £164k more expensive than the average property across the NE33 district.
More reading links
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 62, 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.
