131 Redwood Avenue, South Shields, NE34 8EX is a leasehold flat The property offers approximately 861 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £135,048 , which equates to approximately £157 per square foot. It was last sold on 11 Jun 2021 for £120,000. Since then, the value has increased by £15,048, representing a 12.5% increase, or approximately 2.8% per year.

The current estimated value of £135,048 is:

  • 17.5% lower than the average property price on Redwood Avenue
  • 8.6% higher than the average in the NE34 8EX postcode area
  • and 29.0% lower than the average price for South Shields as a whole

At the most recent EPC inspection on 8 December 2016, the property was recorded as owner-occupied.

View sold house prices in NE34 8EX

Building approximate location

About Property

Type
Flat
Built
Interior Size
861 sq ft
Tenure
Leasehold
Price (estimate)
£135,048
Price Per sq ft (estimate)
£157
Bedroom Count (estimate)
3 bedrooms

EPC Summary

131 Redwood Avenue, South Shields, South Tyneside, Tyne And Wear, NE34 8EX has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 8 Dec 2016.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are high performance glazing.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Average thermal transmittance 0.13 W/m-¦K
Very Good
Walls
Average thermal transmittance 0.25 W/m-¦K
Very Good
Windows
High performance glazing
Very Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE34 8EX

5 th / 34
Price Rank
9% higher than average
2 nd / 34
Size Rank
19% bigger than average
26 th / 34
Price Per Sq FT Rank
9% lower than average

Compared to other properties in NE34 8EX , this flat's estimated value ranks 5th out of 34. Based on price per square foot, it ranks 26th out of 34 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 2nd out of 34 properties in its postcode area.

Sale History

Today
£135,048
streetscan.co.uk estimate
+13 %
11 Jun 2021
£120,000
Leasehold
+1.7 %
16 Dec 2016
£117,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms:
size: 775 sq ft
sale price: £120,000
sale date: 10 Apr 2024
rooms:
size: 775 sq ft
sale price: £116,500
sale date: 18 Aug 2023
rooms:
size: 829 sq ft
sale price: £118,000
sale date: 2 Dec 2022
rooms:
size: 732 sq ft
sale price: £123,500
sale date: 19 Aug 2022
rooms:
size: 861 sq ft
sale price: £125,000
sale date: 21 Apr 2022

Data Sources

The property at 131 Redwood Avenue, South Shields, NE34 8EX appears two times in the Land Registry records, with the latest transaction recorded on 11 Jun 2021. It also has a single Energy Performance Certificate (EPC) from 8 Dec 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.