Lake Avenue, South Shields
AN

Lake Avenue, South Shields

By Andrew Craig

£ 165,000

Reviews

3 out of 5 stars

Andrew Craig says ..

Situated in a sought after Coastal location, just a short stroll from the award winning Coastline and picturesque Leas, this charming three bedroom home is perfect for Families. Ideally positioned for easy access to the Town Centre and The Nook, where an extensive range of shops and amenities can...

Property Oracle says ..

The property is located in South Shields, Tyne and Wear. Based on the provided images, the property appears to be in reasonable condition, although some updating may be desirable to appeal to a wider range of buyers. The property benefits from a rear garden, which is a positive feature for many buyers. Considering the list price of £165,000, the average price in the area is significantly higher at £292,923. However, the average price per square foot is £396.00, and the lack of square footage information for the subject property prevents a direct comparison. Nearby comparable properties show a range of prices, some lower and some higher than the list price, suggesting that the list price may be at the lower end of the market value for the area, given the condition and presence of a garden. However, without knowing the square footage of the property, a definitive statement on price reasonableness cannot be made. Additional information about the property’s size and features would help to refine this analysis. The property’s proximity to schools and transport links is a positive aspect, enhancing its appeal to families. The presence of good-rated schools nearby is a significant factor that could increase the property’s value. The distance to Sunderland by train is also a positive aspect for commuters.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
6
Location
7
Land
7
Bedrooms
3
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
336,607.00 £
Increased by 20.98 %
from 278,236.00 £
Average area rental value
852.00 £/mo
Decreased by 14.63 %
from 998.00 £/mo
Est rental Yield
3.04 %
Decreased by 29.30 %
from 4.30 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Andrew Craig created the listing.

Nearby Schools

NameTypeOfstedDistance
Horsley Hill Children'S CentreChildren's Centre2.12 KM
Harton Primary SchoolCommunity SchoolGood2.15 KM
Sea View Primary SchoolCommunity SchoolGood2.19 KM
Bamburgh SchoolCommunity Special SchoolGood2.23 KM
Marsden Primary SchoolCommunity SchoolGood2.42 KM

Images

 (Main) Kitchen Bedroom One Front Lounge Dining Room Dining Room Kitchen First Floor Landing Bedroom Two Bedroom Two Bedroom Three Bathroom Bathroom W.C. Rear

Nearby Streets

NameAverage PriceAverage SqftDistance
Lizard Lane £ 000.00 KM
Prince Edward Road East £ 000.00 KM
Marsden Lane £ 000.00 KM
Coast Road £ 000.00 KM
Cumberland Place £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Sunderland7640SUN7.89 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lake Avenue, South Shields £ 165,000BUY6 / 100.00 KM
Lake Shore Road, Marsden, South Shields, Tyne and Wear, NE34 7AS £ 250,000BUY8 / 100.14 KM
Grotto Gardens, South Shields £ 189,950BUYUnknown0.16 KM
Fallow Road, SOUTH SHIELDS £ 80,000BUY5 / 100.24 KM
Grotto Gardens, South Shields £ 285,000BUY7 / 100.25 KM

Nearby Properties

AddressPriceDistance
2 Lizard Lane £ 88,5000.09 KM
26 Lizard Lane £ 125,0000.09 KM
10 Lizard Lane £ 116,5000.09 KM
28 Lizard Lane £ 128,0000.09 KM
14 Lizard Lane £ 134,9500.09 KM