38 River Drive, South Shields, NE33 1TL is a leasehold flat built between 1950-1966. The property offers approximately 883 square feet of living space and is situated on the 2nd floor of a 3-storey building. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £135,767 , which equates to approximately £154 per square foot. It was last sold on 29 Nov 2002 for £59,999. Since then, the value has increased by £75,768, representing a 126.3% increase, or approximately 5.5% per year.

The current estimated value of £135,767 is:

  • 10.9% lower than the average property price on River Drive
  • 28.9% higher than the average in the NE33 1TL postcode area
  • and 28.6% 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
883 sq ft
Tenure
Leasehold
Floor level
2nd floor of 3
Price (estimate)
£135,767
Price Per sq ft (estimate)
£154
Bedroom Count (estimate)
3 bedrooms

EPC Summary

38 River Drive, South Shields, South Tyneside, Tyne And Wear, NE33 1TL has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 21 Jan 2009.

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
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to NE33 1TL

3 rd / 24
Price Rank
29% higher than average
2 nd / 19
Size Rank
16% bigger than average
11 th / 19
Price Per Sq FT Rank
11% higher than average

Compared to other properties in NE33 1TL , this flat's estimated value ranks 3rd out of 24. Based on price per square foot, it ranks 11th out of 19 properties. In terms of size, this home ranks 2nd out of 19 properties in its postcode area.

Sale History

Today
£135,767
streetscan.co.uk estimate
+126 %
29 Nov 2002
£59,999
Leasehold
+71.4 %
18 May 2001
£35,000
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: 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
rooms: 4
size: 775 sq ft
sale price: £90,250
sale date: 24 May 2019

Data Sources

The property at 38 River Drive, South Shields, NE33 1TL appears two times in the Land Registry records, with the latest transaction recorded on 29 Nov 2002. It also has a single Energy Performance Certificate (EPC) from 21 Jan 2009. 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.