57 Reed Street

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

    This terraced leasehold property on Reed Street last sold in September 2002 for £25,500. Based on price growth in the NE33 district since then, its estimated current value is £68,082 — placing it in the 1st percentile nationally and the 11th percentile within NE33. The property covers 60 m² (646 sq ft), giving an estimated value of £1,135 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    60 m²

    (646 sq ft)

    Last Sale Price

    £25,500

    Sept 2002

    Estimated Valuation

    £68,082

    Est. £/m²

    £1,135/m²

    £105/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area60 m² (646 sq ft)
    EPC dateFeb 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Sept 2002

    £25,500

    Key Metrics

    Estimated valuation£68,082
    Value per m² / sq ft£1,135/m² (£105/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile11th 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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