7 Readhead Avenue, South Shields, NE33 3AW is a leasehold flat built between 1900-1929. The property offers approximately 818 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £86,282 , which equates to approximately £105 per square foot. It was last sold on 30 Apr 2021 for £79,000. Since then, the value has increased by £7,282, representing a 9.2% increase, or approximately 2.0% per year.

The current estimated value of £86,282 is:

  • 23.2% lower than the average property price on Readhead Avenue
  • 25.0% lower than the average in the NE33 3AW postcode area
  • and 51.7% lower than the average price for South Shields as a whole

View sold house prices in NE33 3AW

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
818 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£86,282
Price Per sq ft (estimate)
£105
Bedroom Count (estimate)
2 bedrooms

EPC Summary

7 Readhead Avenue, South Shields, South Tyneside, Tyne And Wear, NE33 3AW has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 16 May 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 fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to NE33 3AW

12 th / 27
Price Rank
25% lower than average
8 th / 23
Size Rank
0% same size than average
12 th / 23
Price Per Sq FT Rank
25% lower than average

Compared to other properties in NE33 3AW , this flat's estimated value ranks 12th out of 27. Based on price per square foot, it ranks 12th out of 23 properties. In terms of size, this home ranks 8th out of 23 properties in its postcode area.

Sale History

Today
£86,282
streetscan.co.uk estimate
+9 %
30 Apr 2021
£79,000
Leasehold
-16.4 %
20 Mar 2008
£94,500
Leasehold
-0.5 %
2 Jul 2007
£94,950
Leasehold
+3.7 %
29 Jul 2005
£91,591
Leasehold
+4.1 %
27 Jul 2005
£87,950
Leasehold
+114.5 %
7 Apr 2000
£41,000
Leasehold
+46.4 %
24 Apr 1998
£28,000
Leasehold
+3.7 %
11 Aug 1995
£27,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 732 sq ft
sale price: £82,500
sale date: 10 Nov 2021
rooms: 4
size: 850 sq ft
sale price: £85,000
sale date: 22 Oct 2021
rooms: 3
size: 786 sq ft
sale price: £85,000
sale date: 19 Sep 2014
rooms: 3
size: 786 sq ft
sale price: £70,000
sale date: 24 Jan 2014
rooms: 3
size: 786 sq ft
sale price: £70,000
sale date: 9 Nov 2012

Data Sources

The property at 7 Readhead Avenue, South Shields, NE33 3AW appears eight times in the Land Registry records, with the latest transaction recorded on 30 Apr 2021. It also has a single Energy Performance Certificate (EPC) from 16 May 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.