5, Lemon Street, NE33 4RQ
5 Lemon Street is a 55 m² property in South Shields. It sold for £63,000 in May 2022.
- Sale history
-
Date Paid price Tenure Annual growth After inflation May 2022 £63,000 * Freehold 1.0% -1.4% Feb 2006 £53,250 Leasehold 13.2% 11.4% May 1997 £18,000 Leasehold na na *This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.
- Internal area
- 55 square metres (592 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £1,145 per square metre (£106 per square foot) in May 2022. Indexed forward to today's value, this is roughly £1,214 per square metre (£113 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm May 2022 £63,000 £1,145 £66,746 £1,214 Feb 2006 £53,250 £968 £71,940 £1,308 May 1997 £18,000 £327 £65,295 £1,187 Calculated using the latest EPC internal area of 55 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £66,746. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in South Shields are now selling for between £810 and £1,520 per square metre (£75 and £141 per square foot). Based on an internal area of 55 m², this implies a valuation between £45,000 and £84,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 2
- Type
- Other
- Council tax band
- A
- Summary:
- 11 February 2017 - energy performance certificate grade D
- Reason for EPC:
- Rental
- Tenure:
- Private rental
- Property type:
- 1st floor flat in an apartment block with 1 storeys , has 3 habitable rooms. Estimated year built 1900 to 1929
- Area:
- 55 sqm (592 square foot) total internal area
- Comments:
- Walls: Solid brick, as built, no insulation (assumed). Roof: (another dwelling above). Heating: Boiler and radiators, mains gas.