2 Bright Street

    2, BRIGHT STREET, SOUTH SHIELDS, NE33 2TF

    This flat/maisonette leasehold property on Bright Street last sold in November 2024 for £75,000. Based on price growth in the NE33 district since then, its estimated current value is £80,344 — placing it in the 2nd percentile nationally and the 19th percentile within NE33. The property covers 84 m² (904 sq ft), giving an estimated value of £956 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    84 m²

    (904 sq ft)

    Last Sale Price

    £75,000

    Nov 2024

    Estimated Valuation

    £80,344

    Est. £/m²

    £956/m²

    £89/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area84 m² (904 sq ft)
    EPC dateJun 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Nov 2024

    £75,000

    28 Aug 2001

    £34,000

    Key Metrics

    Estimated valuation£80,344
    Value per m² / sq ft£956/m² (£89/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile19th percentile
    National percentile2nd 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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