51 River Drive

    51, RIVER DRIVE, SOUTH SHIELDS, NE33 1TL

    This flat/maisonette leasehold property on River Drive last sold in May 2019 for £99,950. Based on price growth in the NE33 district since then, its estimated current value is £93,896 — placing it in the 3rd percentile nationally and the 29th percentile within NE33. The property covers 73 m² (786 sq ft), giving an estimated value of £1,286 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    73 m²

    (786 sq ft)

    Last Sale Price

    £99,950

    May 2019

    Estimated Valuation

    £93,896

    Est. £/m²

    £1,286/m²

    £119/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area73 m² (786 sq ft)
    EPC dateJun 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 May 2019

    £99,950

    29 Nov 2013

    £92,000

    2 Nov 2001

    £43,000

    Key Metrics

    Estimated valuation£93,896
    Value per m² / sq ft£1,286/m² (£119/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile29th percentile
    National percentile3rd 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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