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

## Property details

- Slug: `b2458ab` (address key hash: `b2458ab4981899d9522a1816b39e4d57dfa2ad2b`)
- Postcode: NE33 1EQ
- Transactions on record: 3

- 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)

## Latest sale

- Price: £123,380
- Date: 2026-03-02
- Type: F
- Tenure: L

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-03-02 | £123,380 | Flat | +24% | £123,380 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/4e75c29d-c6c2-8922-e063-4804a8c094d0) |
| Sold | 2019-07-01 | £99,500 | Flat | +53.1% | £114,109 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/8f1b26be-467d-53db-e053-6c04a8c03649) |
| Sold | 2017-06-07 | £65,000 | Flat | — | £75,859 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/5376b386-07d1-34c1-e053-6b04a8c09ff6) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| QUADRANT, 55 FLAT A MILL DAM, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1EQ | £123,380 | 02/03/2026 | Flat |
| QUADRANT, 55 FLAT A MILL DAM, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1EQ | £99,500 | 01/07/2019 | Flat |
| QUADRANT, 55 FLAT A MILL DAM, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1EQ | £65,000 | 07/06/2017 | Flat |

## Historic listings

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

- Matched listing: [164990246](http://87.117.209.195:8080/listings/fe5bdc6)

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

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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)

## Capital growth trend

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

- **5y growth:** -15.1%
- **10y growth:** 32.9%

## House Price Index (HM Land Registry)

*Official index for South Tyneside; Flats and maisonettes series; as of April 2026.*

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

## Rental Range

*ONS Price Index of Private Rents (South Tyneside). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £653/mo
- **Realistic:** £726/mo
- **Optimistic:** £799/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent 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)**

## 1% Rule

- **Rent ratio:** 0.46% (weak for cashflow)
- **Max investor price (0.8%):** £71,500
- **Target investor price (1%):** £57,200

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £572/mo).*

- **Gross yield:** 5.6%
- **Cost-to-rent:** 18×
- **Monthly cashflow:** £4/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 0.1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## 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.*

| 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 |