48 Commercial Road

    48, COMMERCIAL ROAD, SOUTH SHIELDS, NE33 1SE

    This terraced freehold property on Commercial Road last sold in November 2019 for £93,000. Based on price growth in the NE33 district since then, its estimated current value is £112,398 — placing it in the 6th percentile nationally and the 42nd percentile within NE33. The property covers 78 m² (840 sq ft), giving an estimated value of £1,441 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    78 m²

    (840 sq ft)

    Last Sale Price

    £93,000

    Nov 2019

    Estimated Valuation

    £112,398

    Est. £/m²

    £1,441/m²

    £134/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area78 m² (840 sq ft)
    EPC dateMay 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Nov 2019

    £93,000

    Key Metrics

    Estimated valuation£112,398
    Value per m² / sq ft£1,441/m² (£134/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile42nd percentile
    National percentile6th percentile

    District Context — NE33

    NE33 covers South Shields and surrounding areas in South Tyneside, in the north-east of England. It is a long-established coastal community with a mixed-tenure housing stock and a diverse occupational base.

    Average Property Price - NE33

    £153,452

    3

    National percentile

    Average Net Household Income - NE33

    £28,967

    6

    National percentile

    10-Year Annualised Price Growth - NE33

    2.1%

    11

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE33

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