4 River Drive, South Shields, NE33 1TL is a leasehold flat built between 1950-1966. The property offers approximately 807 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £114,440 , which equates to approximately £142 per square foot. It was last sold on 7 Mar 1997 for £33,500. Since then, the value has increased by £80,940, representing a 241.6% increase, or approximately 8.4% per year.

The current estimated value of £114,440 is:

  • 24.9% lower than the average property price on River Drive
  • 8.6% higher than the average in the NE33 1TL postcode area
  • and 39.8% lower than the average price for South Shields as a whole

At the most recent EPC inspection on 26 November 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
807 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£114,440
Price Per sq ft (estimate)
£142
Bedroom Count (estimate)
2 bedrooms

EPC Summary

4 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 26 Nov 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 the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to NE33 1TL

14 th / 24
Price Rank
9% higher than average
8 th / 19
Size Rank
7% bigger than average
17 th / 19
Price Per Sq FT Rank
2% higher than average

Compared to other properties in NE33 1TL , this flat's estimated value ranks 14th out of 24. Based on price per square foot, it ranks 17th out of 19 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 8th out of 19 properties in its postcode area.

Sale History

Today
£114,440
streetscan.co.uk estimate
+242 %
7 Mar 1997
£33,500
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 4 River Drive, South Shields, South Tyneside, Tyne And Wear, NE33 1TL appears once in the Land Registry records, with the transaction recorded on 7 Mar 1997. It also has a single Energy Performance Certificate (EPC) from 26 Nov 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.