24 Olive Street, South Shields, NE33 4RH is a freehold terraced property built before 1900. The property offers approximately 710 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £63,496 , which equates to approximately £89 per square foot. It was last sold on 27 Aug 2021 for £53,000. Since then, the value has increased by £10,496, representing a 19.8% increase, or approximately 4.6% per year.

The current estimated value of £63,496 is:

  • 38.5% lower than the average property price on Olive Street
  • 33.0% lower than the average in the NE33 4RH postcode area
  • and 66.6% lower than the average price for South Shields as a whole

View sold house prices in NE33 4RH

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
710 sq ft
Tenure
Freehold
Price (estimate)
£63,496
Price Per sq ft (estimate)
£89
Bedroom Count (estimate)
2 bedrooms

EPC Summary

24 Olive Street, South Shields, South Tyneside, Tyne And Wear, NE33 4RH has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 19 Mar 2017.

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 fully double glazed.

The previous EPC assessment was conducted on 11 Aug 2016. The rating of D remains the same, but the energy efficiency score improved by 1.5%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to NE33 4RH

6 th / 15
Price Rank
33% lower than average
6 th / 11
Size Rank
6% smaller than average
3 rd / 11
Price Per Sq FT Rank
29% lower than average

Compared to other properties in NE33 4RH , this flat's estimated value ranks 6th out of 15. Based on price per square foot, it ranks 3rd out of 11 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 6th out of 11 properties in its postcode area.

Sale History

Today
£63,496
streetscan.co.uk estimate
+20 %
27 Aug 2021
£53,000
Leasehold
-5.4 %
19 Sep 2003
£56,000
Leasehold
+64.7 %
26 Feb 2003
£34,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 797 sq ft
sale price: £73,500
sale date: 5 Jun 2024
rooms: 4
size: 783 sq ft
sale price: £79,950
sale date: 21 Sep 2012
rooms: 4
size: 722 sq ft
sale price: £142,500
sale date: 4 Feb 2005
rooms: 3
size: 700 sq ft
sale price: £61,000
sale date: 12 May 2003
rooms: 4
size: 775 sq ft
sale price: £97,000
sale date: 28 Nov 2024

Data Sources

The property at 24 Olive Street, South Shields, NE33 4RH appears three times in the Land Registry records, with the latest transaction recorded on 27 Aug 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Mar 2017. 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.