7, Readhead Avenue
7, Readhead Avenue
Description & Estimates
Public records show 7, Readhead Avenue, South Shields to be a period leasehold apartment with 818 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
7, Readhead Avenue, South Shields has an estimated sale value of £83,671 and an estimated rental value of £553 per month, assuming reasonable condition and based on the information available.
Readhead Avenue, South Shields, NE33 lies in the borough of South Tyneside, within the NE33 postal district.
Our Data Sources
7, Readhead Avenue, South Shields has 81 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated May 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 7, Readhead Avenue, South Shields would be worth £87,855, with a potential rental value of £581 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £77,814, with a rental value of £514 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 7, Readhead Avenue, South Shields has climbed by £493 (0.6%) over the last year. During the same period, its estimated monthly rental value has risen by £17 (3.0%). The property's estimated gross yield is currently 7.9%.
Energy Efficiency
7, Readhead Avenue, South Shields has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 May 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
7, Readhead Avenue, South Shields last changed hands on 30th April 2021, selling for £79,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 8 times since 1995.
The market for similar properties has risen by 5.1% since April 2021.
- Sold Apr 2021£79,000
- Sold Mar 2008£94,500
- Sold Jul 2007£94,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 380 metres of 7, Readhead Avenue, South Shields across the last 2 years.
Most recently, 16, Coleridge Avenue, South Shields, NE33 3EZ, a leasehold flat, sold at £97,000 on the 23rd March 2026.
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
Our analysis of the public data ranks 7, Readhead Avenue, South Shields as the 10th largest and the 18th most expensive of the 39 addresses on Readhead Avenue, South Shields, NE33.
Against the NE33 postcode district average, it is £47k less expensive than the typical property.
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Schools Nearby
- 600mWestoe Crown Primary School
- 700mLaygate Community School
- 800mSt Bede's Catholic Primary School, South Shields
- 900mMortimer Community College
- 1.6kmSt Wilfrid's RC College
- 1.7kmHarton Academy
More reading links
Public Transport Nearby
Northumberland Park (Tyne & Wear) station is the nearest stop to 7, Readhead Avenue, South Shields at 8.0 kilometres away.
- 8.0kmNorthumberland Park (Tyne & Wear)
- 9.5kmHeworth
- 9.6kmSunderland
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
