45 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. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £108,515 , which equates to approximately £123 per square foot. It was last sold on 27 Mar 2024 for £101,650. Since then, the value has increased by £6,865, representing a 6.8% increase, or approximately 4.0% per year.

The current estimated value of £108,515 is:

  • 28.8% lower than the average property price on River Drive
  • 3.0% higher than the average in the NE33 1TL postcode area
  • and 42.9% lower than the average price for South Shields as a whole

At the most recent EPC inspection on 21 February 2018, 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
883 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£108,515
Price Per sq ft (estimate)
£123
Bedroom Count (estimate)
3 bedrooms

EPC Summary

45 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 21 Feb 2018.

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, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 25% of fixed outlets
Average

Compared to NE33 1TL

17 th / 24
Price Rank
3% higher than average
1 st / 19
Size Rank
17% bigger than average
18 th / 19
Price Per Sq FT Rank
12% lower than average

Compared to other properties in NE33 1TL , this flat's estimated value ranks 17th out of 24. Based on price per square foot, it ranks 18th 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 1st out of 19 properties in its postcode area.

Sale History

Today
£108,515
streetscan.co.uk estimate
+7 %
27 Mar 2024
£101,650
Leasehold
+30.3 %
27 Jun 2018
£78,000
Leasehold

Area Insights

Similar Properties Sold Nearby

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
rooms: 3
size: 786 sq ft
sale price: £99,950
sale date: 3 May 2019

Data Sources

The property at 45 River Drive, South Shields, NE33 1TL appears two times in the Land Registry records, with the latest transaction recorded on 27 Mar 2024. It also has a single Energy Performance Certificate (EPC) from 21 Feb 2018. 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.