5 River Drive

    5, RIVER DRIVE, SOUTH SHIELDS, NE33 1TL

    This flat/maisonette leasehold property on River Drive last sold in September 2020 for £112,000. Based on price growth in the NE33 district since then, its estimated current value is £138,456 — placing it in the 10th percentile nationally and the 55th percentile within NE33. The property covers 79 m² (850 sq ft), giving an estimated value of £1,753 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    79 m²

    (850 sq ft)

    Last Sale Price

    £112,000

    Sept 2020

    Estimated Valuation

    £138,456

    Est. £/m²

    £1,753/m²

    £163/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area79 m² (850 sq ft)
    EPC dateJul 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Sept 2020

    £112,000

    24 Jul 2017

    £60,000

    Key Metrics

    Estimated valuation£138,456
    Value per m² / sq ft£1,753/m² (£163/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile55th percentile
    National percentile10th 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

    More properties in NE33

    Explore nearby