63, Lorrain Road
63, Lorrain Road
Description & Estimates
The public record describes 63, Lorrain Road, South Shields as a mid-century apartment with 452 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
63, Lorrain Road, South Shields has an estimated sale value of £51,399 and an estimated rental value of £515 per month, assuming reasonable condition and based on the information available.
Lorrain Road, South Shields, NE34 lies in the borough of South Tyneside, within the NE34 postal district.
Our Data Sources
63, Lorrain Road, South Shields has no records in the the Land Registry and a single entry in the EPC database dated May 2014.
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
In very good condition, we estimate 63, Lorrain Road, South Shields would be worth £53,969, with a potential rental value of £540 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £47,802, with a rental value of £479 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 63, Lorrain Road, South Shields has dropped by £794 (1.5%) over the last year. During the same period, its estimated monthly rental value has risen by £7 (1.4%). The property's estimated gross yield is currently 12.0%.
Energy Efficiency
63, Lorrain Road, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 660 metres of 63, Lorrain Road, South Shields across the last 2 years.
Most recently, 123, Rembrandt Avenue, South Shields, NE34 8SA, a leasehold flat, sold at £52,000 on the 1st April 2022.
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
Our analysis of the public data ranks 63, Lorrain Road, South Shields as the 63rd largest and the 63rd most expensive of the 70 addresses on Lorrain Road, South Shields, NE34.
Against the NE34 postcode district average, it is £116k less expensive than the typical property.
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Schools Nearby
- 200mForest View Primary
- 600mSt Oswald's Catholic Primary School, South Shields
- 1.3kmEast Boldon Junior School
- 1.4kmBoldon School
- 2.0kmSt Wilfrid's RC College
- 2.5kmHarton Academy
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Public Transport Nearby
Sunderland station is the nearest stop to 63, Lorrain Road, South Shields at 6.4 kilometres away.
- 6.4kmSunderland
- 8.1kmHeworth
- 10.3kmNorthumberland Park (Tyne & Wear)
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
