87, Marine Approach
87, Marine Approach
Description & Estimates
Public records show 87, Marine Approach, South Shields to be a period leasehold apartment with 505 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
87, Marine Approach, South Shields has an estimated sale value of £69,400 and an estimated rental value of £491 per month, assuming reasonable condition and based on the information available.
Marine Approach, South Shields, NE33 lies in the borough of South Tyneside, within the NE33 postal district.
Our Data Sources
87, Marine Approach, South Shields has 31 entries in the Land Registry , most recently in June 2024 and a single entry in the EPC database dated April 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 87, Marine Approach, South Shields would be worth £72,870, with a potential rental value of £515 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £64,542, with a rental value of £456 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 87, Marine Approach, South Shields has risen by £227 (0.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £13 (2.7%). The property's estimated gross yield is currently 8.5%.
Energy Efficiency
87, Marine Approach, South Shields has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
87, Marine Approach, South Shields last changed hands on 10th June 2024, selling for £60,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 1.0% since June 2024.
- Sold Jun 2024£60,000
- Sold Nov 2007£75,000
- Sold Jan 2003£37,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of 87, Marine Approach, South Shields across the last 2 years.
Most recently, 102, Marine Approach, South Shields, NE33 2TE, a leasehold flat, sold at £80,000 on the 22nd July 2024.
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 87, Marine Approach, South Shields as the 89th largest and the 89th most expensive of the 89 addresses on Marine Approach, South Shields, NE33.
Against the NE33 postcode district average, it is £61k less expensive than the typical property.
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Schools Nearby
- 300mMarine Park Primary School
- 400mWestoe Crown Primary School
- 500mSt Bede's Catholic Primary School, South Shields
- 1.6kmMortimer Community College
- 2.3kmSt Wilfrid's RC College
- 2.5kmHarton Academy
More reading links
Public Transport Nearby
Northumberland Park (Tyne & Wear) station is the nearest stop to 87, Marine Approach, South Shields at 7.4 kilometres away.
- 7.4kmNorthumberland Park (Tyne & Wear)
- 9.7kmHeworth
- 10.4kmSunderland
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.
