8 Readhead Avenue, South Shields, NE33 3AW is a freehold terraced property built between 1900-1929. The property offers approximately 840 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £77,446 , which equates to approximately £92 per square foot. It was last sold on 10 Sep 2024 for £73,000. Since then, the value has increased by £4,446, representing a 6.1% increase, or approximately 4.8% per year.

The current estimated value of £77,446 is:

  • 31.1% lower than the average property price on Readhead Avenue
  • 32.6% lower than the average in the NE33 3AW postcode area
  • and 56.7% lower than the average price for South Shields as a whole

At the most recent EPC inspection on 5 December 2022, the property was recorded as rented.

View sold house prices in NE33 3AW

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
840 sq ft
Tenure
Freehold
Floor level
1st floor
Price (estimate)
£77,446
Price Per sq ft (estimate)
£92
Bedroom Count (estimate)
2 bedrooms

EPC Summary

8 Readhead Avenue, South Shields, South Tyneside, Tyne And Wear, NE33 3AW has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 5 Dec 2022.

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 16 Nov 2008, and the property received the same rating of D with an unchanged energy efficiency score of 68.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100mm loft insulation to pitched, 75 mm loft insulation, with no change in energy efficiency (average).
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 89% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 89% of fixed outlets
Very Good

Compared to NE33 3AW

15 th / 27
Price Rank
33% lower than average
6 th / 23
Size Rank
2% bigger than average
15 th / 23
Price Per Sq FT Rank
34% lower than average

Compared to other properties in NE33 3AW , this flat's estimated value ranks 15th out of 27. Based on price per square foot, it ranks 15th out of 23 properties. In terms of size, this home ranks 6th out of 23 properties in its postcode area.

Sale History

Today
£77,446
streetscan.co.uk estimate
+6 %
10 Sep 2024
£73,000
Leasehold
-25.5 %
26 Jan 2007
£97,950
Leasehold
+18 %
21 Nov 2006
£83,000
Leasehold
-5.7 %
18 Mar 2005
£88,000
Leasehold
+155.1 %
4 Dec 1998
£34,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 818 sq ft
sale price: £94,500
sale date: 20 Mar 2008
rooms: 3
size: 786 sq ft
sale price: £85,000
sale date: 11 Aug 2006
rooms: 4
size: 850 sq ft
sale price: £90,000
sale date: 21 Jul 2006
rooms: 3
size: 764 sq ft
sale price: £79,950
sale date: 31 Oct 2005
rooms: 4
size: 872 sq ft
sale price: £41,950
sale date: 25 May 2001

Data Sources

The property at 8 Readhead Avenue, South Shields, NE33 3AW appears five times in the Land Registry records, with the latest transaction recorded on 10 Sep 2024. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Dec 2022. 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.