7, Marsden Lane
7, Marsden Lane
Description & Estimates
7, Marsden Lane, South Shields is described in the public record as a mid-century house with 904 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 7, Marsden Lane, South Shields is £66,747 and its rental estimate is £435 per month, given the available information and assuming reasonable condition.
Marsden Lane, South Shields, NE34 falls within the NE34 postal district, in the borough of South Tyneside.
Our Data Sources
7, Marsden Lane, South Shields has no records in the the Land Registry and a single entry in the EPC database dated November 2021.
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 7, Marsden Lane, South Shields, we estimate a market value of £70,084 and a rental value of £457 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £62,075 and £404 per month respectively.
Recent Market Change
Over the last year, 7, Marsden Lane, South Shields has seen its estimated sale value climb by £353 (0.5%) and its estimated rental value rise by £15 per month (3.4%). This results in an estimated gross rental yield of 7.8%.
Energy Efficiency
7, Marsden Lane, South Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 7, Marsden Lane, South Shields have sold within a radius of 450 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th January 2014, was 1, Marsden Lane, South Shields, NE34 7HT, a freehold house which sold for £85,000.
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 120 addresses on Marsden Lane, South Shields, NE34, 7, Marsden Lane, South Shields comes out as the 42nd largest and the 109th most expensive in our analysis of the public data.
It is also £101k less expensive than the average property across the NE34 district.
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Schools Nearby
- 600mSt Gregory's Catholic Primary School, South Shields
- 700mSea View Primary School
- 700mHarton Primary School
- 900mHarton Academy
- 2.0kmMortimer Community College
- 2.2kmSt Wilfrid's RC College
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Public Transport Nearby
From 7, Marsden Lane, South Shields, the nearest station is Sunderland, 8.4 kilometres away.
- 8.4kmSunderland
- 9.9kmNorthumberland Park (Tyne & Wear)
- 10.7kmHeworth
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.
