27 River Drive, South Shields, NE33 1TL is a leasehold flat built between 1950-1966. The property offers approximately 786 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 £78,311 , which equates to approximately £100 per square foot. It was last sold on 3 Jun 2019 for £65,000. Since then, the value has increased by £13,311, representing a 20.5% increase, or approximately 3.1% per year.

The current estimated value of £78,311 is:

  • 48.6% lower than the average property price on River Drive
  • 25.7% lower than the average in the NE33 1TL postcode area
  • and 58.8% lower than the average price for South Shields as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 19 May 2022, 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
786 sq ft
Tenure
Leasehold
Price (estimate)
£78,311
Price Per sq ft (estimate)
£100
Bedroom Count (estimate)
2 bedrooms

EPC Summary

27 River Drive, South Shields, South Tyneside, Tyne And Wear, NE33 1TL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 19 May 2022.

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 9 Nov 2010. The rating of D is unchanged, though the energy efficiency score decreased by 2.9%.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency changing from good to average, with the construction or insulation remaining cavity wall, filled cavity.
  • The lighting was updated from low energy lighting in 38% of fixed outlets to no low energy lighting, with efficiency changing from average to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to NE33 1TL

7 th / 24
Price Rank
26% lower than average
12 th / 19
Size Rank
4% bigger than average
8 th / 19
Price Per Sq FT Rank
28% lower than average

Compared to other properties in NE33 1TL , this flat's estimated value ranks 7th out of 24. Based on price per square foot, it ranks 8th out of 19 properties. In terms of size, this home ranks 12th out of 19 properties in its postcode area.

Sale History

Today
£78,311
streetscan.co.uk estimate
+20 %
3 Jun 2019
£65,000
Leasehold
-44.9 %
25 Apr 2008
£118,000
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: 4
size: 775 sq ft
sale price: £90,250
sale date: 24 May 2019

Data Sources

The property at 27 River Drive, South Shields, NE33 1TL appears two times in the Land Registry records, with the latest transaction recorded on 3 Jun 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 May 2022. 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.