51 River Drive, South Shields, NE33 1TL is a leasehold flat built between 1950-1966. The property offers approximately 786 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £123,078 , which equates to approximately £157 per square foot. It was last sold on 3 May 2019 for £99,950. Since then, the value has increased by £23,128, representing a 23.1% increase, or approximately 3.5% per year.

The current estimated value of £123,078 is:

  • 19.3% lower than the average property price on River Drive
  • 16.8% higher than the average in the NE33 1TL postcode area
  • and 35.3% lower than the average price for South Shields as a whole

At the most recent EPC inspection on 13 June 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
786 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£123,078
Price Per sq ft (estimate)
£157
Bedroom Count (estimate)
2 bedrooms

EPC Summary

51 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 13 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
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Compared to NE33 1TL

8 th / 24
Price Rank
17% higher than average
10 th / 19
Size Rank
4% bigger than average
9 th / 19
Price Per Sq FT Rank
13% higher than average

Compared to other properties in NE33 1TL , this flat's estimated value ranks 8th out of 24. Based on price per square foot, it ranks 9th out of 19 properties. In terms of size, this home ranks 10th out of 19 properties in its postcode area.

Sale History

Today
£123,078
streetscan.co.uk estimate
+23 %
3 May 2019
£99,950
Leasehold
+8.6 %
29 Nov 2013
£92,000
Leasehold
+114 %
2 Nov 2001
£43,000
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 51 River Drive, South Shields, NE33 1TL appears three times in the Land Registry records, with the latest transaction recorded on 3 May 2019. It also has a single Energy Performance Certificate (EPC) from 13 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.