40 Richmond Road

    40, RICHMOND ROAD, SOUTH SHIELDS, SOUTH SHIELDS, NE34 0QL

    This terraced leasehold property on Richmond Road last sold in April 2007 for £86,500. Based on price growth in the NE34 district since then, its estimated current value is £112,723 — placing it in the 6th percentile nationally and the 22nd percentile within NE34. The property covers 68 m² (732 sq ft), giving an estimated value of £1,658 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    68 m²

    (732 sq ft)

    Last Sale Price

    £86,500

    Apr 2007

    Estimated Valuation

    £112,723

    Est. £/m²

    £1,658/m²

    £154/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area68 m² (732 sq ft)
    EPC dateJul 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Apr 2007

    £86,500

    11 Dec 2002

    £53,500

    31 Mar 1995

    £28,000

    Key Metrics

    Estimated valuation£112,723
    Value per m² / sq ft£1,658/m² (£154/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE34 district percentile22nd percentile
    National percentile6th percentile

    District Context — NE34

    NE34 covers South Shields and surrounding areas in South Tyneside, located on the south bank of the River Tyne in North East England. It is a traditional working-class coastal community with a mix of terraced housing, modern developments, and established neighbourhood character.

    Average Property Price - NE34

    £184,376

    8

    National percentile

    Average Net Household Income - NE34

    £32,409

    16

    National percentile

    10-Year Annualised Price Growth - NE34

    2.8%

    23

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE34

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