Homewise says ..
Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to your personal circumstances and requirements. Your price may vary. OVER 60S could benefit from SAVINGS of up to 59% from the market value with a one-off payment for a Lifetime Lease on this property. £73...
Property Oracle says ..
This property is a two bedroom apartment located in Redwood Avenue, South Shields. The apartment appears to be in good condition and benefits from modern fixtures and fittings. While the plot size is not specified, the photos show a small, well-maintained communal garden area. The property is listed at £73,750, which is significantly lower than the average house price in the area (£482,757). However, this is likely due to the smaller size and the fact that it is an apartment rather than a house. Nearby similar properties are listed between £97,500 and £117,500, suggesting the list price may be slightly undervalued but still within a reasonable range. The location is convenient, with several schools and transportation options nearby. Overall, this property appears to be good value for money, especially for first-time buyers or investors.
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
- 8
- Condition
- 9
- Location
- 7
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 410,714.00 £Increased by 0.52 %
- Average area rental value
- 1,363.00 £/moDecreased by 8.52 %
- Est rental Yield
- 3.98 %Decreased by 9.13 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
Homewise created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ridgeway Children'S Centre | Children's Centre | 0.57 KM | |
| Ridgeway Primary Academy | Academy Sponsor Led | Good | 0.57 KM |
| Harton Academy | Academy Converter | 0.86 KM | |
| Harton Primary School | Community School | Good | 1.12 KM |
| St Gregory'S Rc Voluntary Aided Primary School | Voluntary Aided School | Outstanding | 1.56 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Park Avenue | £ 79,250 | 0 | 0.00 KM |
| Willow Grove | £ 0 | 0 | 0.00 KM |
| Cedar Grove | £ 0 | 0 | 0.00 KM |
| Acacia Gardens | £ 0 | 0 | 0.00 KM |
| Maple Court | £ 205,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Sunderland | 7640 | SUN | 7.61 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Redwood Avenue, South Shields | £ 73,750 | BUY | 6 / 10 | 0.00 KM |
| Redwood Avenue, South Shields, NE34 | £ 114,995 | BUY | 6 / 10 | 0.01 KM |
| Redwood Avenue, South Shields, NE34 | £ 120,000 | BUY | 6 / 10 | 0.01 KM |
| Redwood Avenue, South Shields | £ 90,000 | BUY | 6 / 10 | 0.01 KM |
| Redwood Avenue, South Shields | £ 114,995 | BUY | Unknown | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 121 Redwood Avenue | £ 97,500 | 0.00 KM |
| 111 Redwood Avenue | £ 105,000 | 0.00 KM |
| 83 Redwood Avenue | £ 117,500 | 0.00 KM |
| 87 Redwood Avenue | £ 110,000 | 0.00 KM |
| 61 Park Avenue | £ 20,000 | 0.10 KM |