124 Reading Road

    124, READING ROAD, SOUTH SHIELDS, NE33 4SG

    This terraced freehold property on Reading Road last sold in May 2023 for £220,000. Based on price growth in the NE33 district since then, its estimated current value is £200,765 — placing it in the 25th percentile nationally and the 77th percentile within NE33. The property covers 88 m² (947 sq ft), giving an estimated value of £2,281 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    88 m²

    (947 sq ft)

    Last Sale Price

    £220,000

    May 2023

    Estimated Valuation

    £200,765

    Est. £/m²

    £2,281/m²

    £212/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area88 m² (947 sq ft)
    EPC dateAug 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 May 2023

    £220,000

    10 Sept 2021

    £117,000

    Key Metrics

    Estimated valuation£200,765
    Value per m² / sq ft£2,281/m² (£212/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile77th percentile
    National percentile25th 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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