Swallow Ridge, South Shields
Swallow Ridge, South Shields
Description & Estimates
Swallow Ridge, South Shields is described in the public record as a modern house with 2,755 ft2 of internal area, sitting on a 2,108 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Swallow Ridge, South Shields is £563,163 and its rental estimate is £2,015 per month, given the available information and assuming reasonable condition.
Lizard Lane, South Shields, NE34 falls within the NE34 postal district, in the borough of South Tyneside.
Our Data Sources
Swallow Ridge, South Shields has no records in the the Land Registry and a single entry in the EPC database dated February 2015.
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 Swallow Ridge, South Shields, we estimate a market value of £591,321 and a rental value of £2,115 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £523,741 and £1,874 per month respectively.
Recent Market Change
Over the last year, Swallow Ridge, South Shields has seen its estimated sale value move down by £5,761 (1.0%) and its estimated rental value increase by £32 per month (1.6%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for Swallow Ridge, South Shields as measuring 2,108 m2.
That makes it the 2nd largest plot in the postcode, where all 3 other houses have recorded plot data.
Energy Efficiency
Swallow Ridge, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Feb 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Swallow Ridge, South Shields has sold within a radius of 950 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th July 2016, was Marsden Cottage, Lizard Lane, South Shields, NE34 7AD, a freehold house which sold for £446,500.
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 63 addresses on Lizard Lane, South Shields, NE34, Swallow Ridge, South Shields comes out as the 2nd largest and the 3rd most expensive in our analysis of the public data.
It is also £395k more expensive than the average property across the NE34 district.
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Schools Nearby
- 1.4kmHarton Primary School
- 1.6kmMarsden Primary School
- 1.8kmSt Gregory's Catholic Primary School, South Shields
- 1.7kmHarton Academy
- 2.5kmWhitburn Church of England Academy
- 3.0kmMortimer Community College
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Public Transport Nearby
From Swallow Ridge, South Shields, the nearest station is Sunderland, 7.6 kilometres away.
- 7.6kmSunderland
- 11.1kmNorthumberland Park (Tyne & Wear)
- 11.4kmHeworth
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
