3 River Drive, South Shields, NE33 1TL is a leasehold flat built between 1950-1966. The property offers approximately 829 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 £134,782 , which equates to approximately £163 per square foot. It was last sold on 16 Jan 2009 for £105,000. Since then, the value has increased by £29,782, representing a 28.4% increase, or approximately 1.7% per year.

The current estimated value of £134,782 is:

  • 11.6% lower than the average property price on River Drive
  • 27.9% higher than the average in the NE33 1TL postcode area
  • and 29.1% lower than the average price for South Shields as a whole

View sold house prices in NE33 1TL

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
829 sq ft
Tenure
Leasehold
Price (estimate)
£134,782
Price Per sq ft (estimate)
£163
Bedroom Count (estimate)
2 bedrooms

EPC Summary

3 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 30 Jun 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.

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
Low energy lighting in 17% of fixed outlets
Poor

Compared to NE33 1TL

4 th / 24
Price Rank
28% higher than average
6 th / 19
Size Rank
9% bigger than average
6 th / 19
Price Per Sq FT Rank
17% higher than average

Compared to other properties in NE33 1TL , this flat's estimated value ranks 4th out of 24. Based on price per square foot, it ranks 6th out of 19 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 6th out of 19 properties in its postcode area.

Sale History

Today
£134,782
streetscan.co.uk estimate
+28 %
16 Jan 2009
£105,000
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: 3
size: 786 sq ft
sale price: £65,000
sale date: 3 Jun 2019

Data Sources

The property at 3 River Drive, South Shields, South Tyneside, Tyne And Wear, NE33 1TL appears once in the Land Registry records, with the transaction recorded on 16 Jan 2009. It also has a single Energy Performance Certificate (EPC) from 30 Jun 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.