62 Redwood Avenue

    62, REDWOOD AVENUE, SOUTH SHIELDS, NE34 8DF

    This flat/maisonette leasehold property on Redwood Avenue last sold in July 2021 for £115,000. Based on price growth in the NE34 district since then, its estimated current value is £121,583 — placing it in the 7th percentile nationally and the 27th percentile within NE34. The property covers 59 m² (635 sq ft), giving an estimated value of £2,061 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    59 m²

    (635 sq ft)

    Last Sale Price

    £115,000

    Jul 2021

    Estimated Valuation

    £121,583

    Est. £/m²

    £2,061/m²

    £191/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2011
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialC
    Floor area59 m² (635 sq ft)
    EPC dateSept 2012
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Jul 2021

    £115,000

    14 Mar 2013

    New build

    £115,000

    Key Metrics

    Estimated valuation£121,583
    Value per m² / sq ft£2,061/m² (£191/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE34 district percentile27th percentile
    National percentile7th 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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