55 River Drive, South Shields, NE33 1JY is a leasehold flat built between 1967-1975. The property offers approximately 818 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 £82,093 , which equates to approximately £100 per square foot. It was last sold on 28 Nov 2013 for £60,000. Since then, the value has increased by £22,093, representing a 36.8% increase, or approximately 3.1% per year.

The current estimated value of £82,093 is:

  • 46.1% lower than the average property price on River Drive
  • 20.4% lower than the average in the NE33 1JY postcode area
  • and 56.8% 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 once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 8 April 2023, the property was recorded as rented.

View sold house prices in NE33 1JY

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
818 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£82,093
Price Per sq ft (estimate)
£100
Bedroom Count (estimate)
2 bedrooms

EPC Summary

55 River Drive, South Shields, South Tyneside, Tyne And Wear, NE33 1JY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 8 Apr 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 8 May 2013, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 27.1%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from poor to good.
  • 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 33% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average 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
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Sale History

Today
£82,093
streetscan.co.uk estimate
+37 %
28 Nov 2013
£60,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 818 sq ft
sale price: £81,000
sale date: 7 Oct 2016
rooms: 3
size: 818 sq ft
sale price: £105,000
sale date: 17 Jun 2016
rooms: 4
size: 743 sq ft
sale price: £65,800
sale date: 12 Jun 2015
rooms: 4
size: 841 sq ft
sale price: £94,000
sale date: 29 May 2015
rooms: 3
size: 700 sq ft
sale price: £64,508
sale date: 22 May 2014

Data Sources

The property at 55 River Drive, South Shields, South Tyneside, Tyne And Wear, NE33 1JY appears once in the Land Registry records, with the transaction recorded on 28 Nov 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Apr 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.