53 River Drive

    53, RIVER DRIVE, SOUTH SHIELDS, NE33 1JY

    This flat/maisonette leasehold property on River Drive last sold in June 2016 for £105,000. Based on price growth in the NE33 district since then, its estimated current value is £144,814 — placing it in the 11th percentile nationally and the 58th percentile within NE33. The property covers 76 m² (818 sq ft), giving an estimated value of £1,905 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    76 m²

    (818 sq ft)

    Last Sale Price

    £105,000

    Jun 2016

    Estimated Valuation

    £144,814

    Est. £/m²

    £1,905/m²

    £177/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area76 m² (818 sq ft)
    EPC dateOct 2012
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Jun 2016

    £105,000

    Key Metrics

    Estimated valuation£144,814
    Value per m² / sq ft£1,905/m² (£177/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile58th percentile
    National percentile11th percentile

    District Context — NE33

    NE33 covers South Shields and surrounding areas in South Tyneside, in the north-east of England. It is a long-established coastal community with a mixed-tenure housing stock and a diverse occupational base.

    Average Property Price - NE33

    £153,452

    3

    National percentile

    Average Net Household Income - NE33

    £28,967

    6

    National percentile

    10-Year Annualised Price Growth - NE33

    2.1%

    11

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE33

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