41 Reed Street

    41, REED STREET, SOUTH SHIELDS, SOUTH SHIELDS, NE33 5PT

    This terraced freehold property on Reed Street last sold in December 2005 for £59,000. Based on price growth in the NE33 district since then, its estimated current value is £81,200 — placing it in the 2nd percentile nationally and the 19th percentile within NE33. The property covers 152 m² (1,636 sq ft), giving an estimated value of £534 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    152 m²

    (1,636 sq ft)

    Last Sale Price

    £59,000

    Dec 2005

    Estimated Valuation

    £81,200

    Est. £/m²

    £534/m²

    £50/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area152 m² (1,636 sq ft)
    EPC dateOct 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Dec 2005

    £59,000

    Key Metrics

    Estimated valuation£81,200
    Value per m² / sq ft£534/m² (£50/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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