16 Olive Street

    16, OLIVE STREET, SOUTH SHIELDS, NE33 4RH

    This terraced freehold property on Olive Street last sold in November 2018 for £57,000. Based on price growth in the NE33 district since then, its estimated current value is £65,263 — placing it in the 1st percentile nationally and the 9th percentile within NE33. The property covers 87 m² (936 sq ft), giving an estimated value of £750 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    87 m²

    (936 sq ft)

    Last Sale Price

    £57,000

    Nov 2018

    Estimated Valuation

    £65,263

    Est. £/m²

    £750/m²

    £70/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area87 m² (936 sq ft)
    EPC dateAug 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Nov 2018

    £57,000

    Key Metrics

    Estimated valuation£65,263
    Value per m² / sq ft£750/m² (£70/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile9th percentile
    National percentile1st 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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