2 Madeira Terrace

    2, MADEIRA TERRACE, SOUTH SHIELDS, NE33 3AQ

    This terraced freehold property on Madeira Terrace last sold in April 2009 for £124,000. Based on price growth in the NE33 district since then, its estimated current value is £164,415 — placing it in the 16th percentile nationally and the 65th percentile within NE33. The property covers 122 m² (1,313 sq ft), giving an estimated value of £1,348 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    122 m²

    (1,313 sq ft)

    Last Sale Price

    £124,000

    Apr 2009

    Estimated Valuation

    £164,415

    Est. £/m²

    £1,348/m²

    £125/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area122 m² (1,313 sq ft)
    EPC dateFeb 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Apr 2009

    £124,000

    31 Oct 2003

    £85,000

    3 Feb 1997

    £27,000

    Key Metrics

    Estimated valuation£164,415
    Value per m² / sq ft£1,348/m² (£125/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile65th percentile
    National percentile16th 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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