41 River Drive, South Shields, NE33 1TL is a leasehold flat built between 1967-1975. The property offers approximately 710 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 £94,366 , which equates to approximately £133 per square foot. It was last sold on 7 Oct 2016 for £72,000. Since then, the value has increased by £22,366, representing a 31.1% increase, or approximately 3.4% per year.

The current estimated value of £94,366 is:

  • 38.1% lower than the average property price on River Drive
  • 10.4% lower than the average in the NE33 1TL postcode area
  • and 50.4% 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 15 June 2023, the property was recorded as owner-occupied.

View sold house prices in NE33 1TL

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£94,366
Price Per sq ft (estimate)
£133
Bedroom Count (estimate)
2 bedrooms

EPC Summary

41 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 15 Jun 2023.

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 10 Aug 2016, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 7.7%.

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 67% of fixed outlets to low energy lighting in 90% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 90% of fixed outlets
Very Good

Compared to NE33 1TL

9 th / 24
Price Rank
10% lower than average
18 th / 19
Size Rank
6% smaller than average
3 rd / 19
Price Per Sq FT Rank
4% lower than average

Compared to other properties in NE33 1TL , this flat's estimated value ranks 9th out of 24. Based on price per square foot, it ranks 3rd 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 18th out of 19 properties in its postcode area.

Sale History

Today
£94,366
streetscan.co.uk estimate
+31 %
7 Oct 2016
£72,000
Leasehold
+63.6 %
18 Jan 2002
£44,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 710 sq ft
sale price: £95,000
sale date: 10 Jun 2022
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
rooms: 3
size: 721 sq ft
sale price: £85,000
sale date: 24 May 2019
rooms: 3
size: 786 sq ft
sale price: £99,950
sale date: 3 May 2019

Data Sources

The property at 41 River Drive, South Shields, NE33 1TL appears two times in the Land Registry records, with the latest transaction recorded on 7 Oct 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Jun 2023. 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.