Flats/Maisonettes 3 sales on record

QUADRANT

55 FLAT A MILL DAM, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1EQ

£123,380

Location

Map view View on Google Maps View on OpenStreetMap Street View NE33 1EQ

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Petty Things 0.0 miles
Bus stop Commercial Road - Holborn House (N/B) 0.0 miles
Train station South Shields 0.3 miles
Hospital Priory Day Hospital 1.3 miles
University Dove Marine Laboratory 2.8 miles

Property details

Tenure

Leasehold

Property type

Flat

Bedrooms

2

Bathrooms

1

Last sold

£123,380 Mar 2026

Local average

£86,374 (37 sales)

Street crime

579 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 02/03/2026 £123,380 Flat +24% £123,380 to April 2026 View transaction
Sold 01/07/2019 £99,500 Flat +53.1% £114,109 to April 2026 View transaction
Sold 07/06/2017 £65,000 Flat — £75,859 to April 2026 View transaction

Historic listings

Listing and sale events only where we matched the listing page to a Land Registry sale already on record for this address.

Event Date Price
sold 01/01/2026 £123,380
listed 26/07/2025 £129,950
sold 01/01/2019 £99,500
sold 01/01/2017 £65,000

Photos · Open listing

Open image 1 from listing 164990246 Open image 2 from listing 164990246 Open image 3 from listing 164990246 Open image 4 from listing 164990246 Open image 5 from listing 164990246 Open image 6 from listing 164990246 Open image 7 from listing 164990246 Open image 8 from listing 164990246 Open image 9 from listing 164990246 Open image 10 from listing 164990246 Open image 11 from listing 164990246 Open image 12 from listing 164990246

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
16 FERRY APPROACH, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1JJ £160,000 14/04/2023 Flat
5 FERRY APPROACH, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1JJ £175,000 25/11/2022 Flat
17 FERRY APPROACH, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1JJ £185,000 13/05/2022 Flat
15 FERRY APPROACH, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1JJ £142,500 26/11/2021 Flat
18 FERRY APPROACH, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1JJ £150,000 08/10/2021 Flat

Area average: £162,500 (5 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -13.4%
10y growth 32.9%

House Price Index (HM Land Registry — official index, not sold-price averages): South Tyneside. Series: Flats and maisonettes. As of April 2026.

1y (index) -2.6%
5y (index) 6.3%
10y (index) 20.2%

Rental Range

Estimated market rent for South Tyneside. Low = conservative, Realistic = average, Optimistic = best case.

Low £653/mo
Realistic £726/mo
Optimistic £799/mo

Based on Local Authority from postcode lookup → South Tyneside.

LHA (30th percentile) floor for Tyneside: Apr 2025 – Mar 2026

Rental Comparables

Residential lets in the area (all bedroom counts shown — none matched the 2-bedroom count for this property). Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Flat, Marshall Wallis Road, NE33 £549/mo 1 0.58 miles OpenRent
1 Bed Flat, Imeary Street, NE33 £595/mo 1 0.6 miles OpenRent

Average rent: £572/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.46%
Max investor price (0.8%) £71,500
Target investor price (1%) £57,200
Gross yield 5.6%
Cost-to-rent ratio 18×
Monthly cashflow £4/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 0.1%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Street-level crime

Category Count
Violence and sexual offences 159
Anti-social behaviour 143
Shoplifting 127
Public order 34
Criminal damage and arson 30
Burglary 18
Vehicle crime 17
Other theft 14
Other crime 12
Drugs 9
Possession of weapons 6
Theft from the person 5
Robbery 4
Bicycle theft 1
Total incidents 579

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
St Bede's Catholic Primary School, South Shields Primary 0.4 miles Outstanding — 2 Jul 2024
Marine Park Primary School Primary 0.6 miles Outstanding — 14 Apr 2017
Laygate Community School Primary 0.6 miles Good — 21 Nov 2012
Hadrian Primary School Primary 0.7 miles Good — 15 Dec 2022
Waterville Primary School Primary 0.9 miles Good — 11 May 2020

FENSA

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