2 River Drive, South Shields, NE33 1TL is a leasehold flat built between 1950-1966. The property offers approximately 818 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £123,963 , which equates to approximately £152 per square foot. It was last sold on 25 Apr 2008 for £114,950. Since then, the value has increased by £9,013, representing a 7.8% increase, or approximately 0.4% per year.

The current estimated value of £123,963 is:

  • 18.7% lower than the average property price on River Drive
  • 17.7% higher than the average in the NE33 1TL postcode area
  • and 34.8% lower than the average price for South Shields as a whole

At the most recent EPC inspection on 25 September 2013, the property was recorded as owner-occupied.

View sold house prices in NE33 1TL

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
818 sq ft
Tenure
Leasehold
Price (estimate)
£123,963
Price Per sq ft (estimate)
£152
Bedroom Count (estimate)
2 bedrooms

EPC Summary

2 River Drive, South Shields, South Tyneside, Tyne And Wear, NE33 1TL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 25 Sep 2013.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 11 Nov 2008. The rating of C is unchanged, though the energy efficiency score decreased by 4.1%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 13% of fixed outlets to no low energy lighting, with efficiency changing from poor to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to NE33 1TL

6 th / 24
Price Rank
18% higher than average
7 th / 19
Size Rank
8% bigger than average
10 th / 19
Price Per Sq FT Rank
9% higher than average

Compared to other properties in NE33 1TL , this flat's estimated value ranks 6th out of 24. Based on price per square foot, it ranks 10th out of 19 properties. In terms of size, this home ranks 7th out of 19 properties in its postcode area.

Sale History

Today
£123,963
streetscan.co.uk estimate
+8 %
25 Apr 2008
£114,950
Leasehold
+228.9 %
18 Jun 1999
£34,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 883 sq ft
sale price: £101,650
sale date: 27 Mar 2024
rooms: 4
size: 710 sq ft
sale price: £95,000
sale date: 10 Jun 2022
rooms: 4
size: 829 sq ft
sale price: £65,000
sale date: 21 May 2021
rooms: 4
size: 850 sq ft
sale price: £112,000
sale date: 11 Sep 2020
rooms: 3
size: 786 sq ft
sale price: £65,000
sale date: 3 Jun 2019

Data Sources

The property at 2 River Drive, South Shields, NE33 1TL appears two times in the Land Registry records, with the latest transaction recorded on 25 Apr 2008. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Sep 2013. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.