50 Olive Street, South Shields, NE33 4RH is a leasehold flat built between 1900-1929. The property offers approximately 896 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £52,165 , which equates to approximately £58 per square foot. It was last sold on 2 Aug 2021 for £46,500. Since then, the value has increased by £5,665, representing a 12.2% increase, or approximately 2.8% per year.

The current estimated value of £52,165 is:

  • 49.5% lower than the average property price on Olive Street
  • 45.0% lower than the average in the NE33 4RH postcode area
  • and 72.6% lower than the average price for South Shields as a whole

At the most recent EPC inspection on 27 May 2011, the property was recorded as owner-occupied.

View sold house prices in NE33 4RH

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
896 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£52,165
Price Per sq ft (estimate)
£58
Bedroom Count (estimate)
3 bedrooms

EPC Summary

50 Olive Street, South Shields, South Tyneside, Tyne And Wear, NE33 4RH has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 27 May 2011.

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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 11% of fixed outlets
Poor

Compared to NE33 4RH

7 th / 15
Price Rank
45% lower than average
2 nd / 11
Size Rank
19% bigger than average
8 th / 11
Price Per Sq FT Rank
54% lower than average

Compared to other properties in NE33 4RH , this flat's estimated value ranks 7th out of 15. Based on price per square foot, it ranks 8th out of 11 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 11 properties in its postcode area.

Sale History

Today
£52,165
streetscan.co.uk estimate
+12 %
2 Aug 2021
£46,500
Leasehold
-28.5 %
26 Apr 2005
£65,000
Leasehold
-5.1 %
9 Jul 2004
£68,500
Leasehold

Area Insights

Nearby Properties

48 Olive Street, South Shields, NE33 4RH
rooms: 3
size: 700 sq ft
sale price: £61,000
sale date: 12 May 2003
46 Olive Street, South Shields, NE33 4RH
rooms: 4
size: 722 sq ft
sale price: £142,500
sale date: 4 Feb 2005
56 Olive Street, South Shields, NE33 4RH
rooms: 2
size: 549 sq ft
sale price: £54,500
sale date: 30 May 2006
36 Olive Street, South Shields, NE33 4RH
rooms: 2
size: 599 sq ft
sale price: £54,000
sale date: 3 Sep 2004
35 Olive Street, South Shields, NE33 4RH
rooms: 4
size: 783 sq ft
sale price: £79,950
sale date: 21 Sep 2012

Data Sources

The property at 50 Olive Street, South Shields, NE33 4RH appears three times in the Land Registry records, with the latest transaction recorded on 2 Aug 2021. It also has a single Energy Performance Certificate (EPC) from 27 May 2011. 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.
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