saleor salor-dashboard npm start gives errors - node.js

Question

I am trying to install the saleor-dashboard latest version(3.7.0), but getting strange errors.
I have done npm start, npm audit fix --force npm install but got the same error and read from a Github page https://github.com/rails/rails/issues/43062#issuecomment-904965034 and a stackoverflow page that the current webpack dev server version is not compatible so I should downgrade it to version 3. I did that as well, but I am still facing the same issue.
The error is:
/root/codes/backend/test/saleor-dashboard/node_modules/webpack-cli/bin/utils/prompt-command.js:46
return func(...args);
^
TypeError: Class constructor ServeCommand cannot be invoked without 'new'
at runWhenInstalled (/root/codes/backend/test/saleor-dashboard/node_modules/webpack-cli/bin/utils/prompt-command.js:46:9)
at promptForInstallation (/root/codes/backend/test/saleor-dashboard/node_modules/webpack-cli/bin/utils/prompt-command.js:140:10)
at /root/codes/backend/test/saleor-dashboard/node_modules/webpack-cli/bin/cli.js:32:43
at Object.<anonymous> (/root/codes/backend/test/saleor-dashboard/node_modules/webpack-cli/bin/cli.js:366:3)
at Module._compile (internal/modules/cjs/loader.js:1076:30)
at Object.Module._extensions..js (internal/modules/cjs/loader.js:1097:10)
at Module.load (internal/modules/cjs/loader.js:941:32)
at Function.Module._load (internal/modules/cjs/loader.js:782:14)
at Module.require (internal/modules/cjs/loader.js:965:19)
at require (internal/modules/cjs/helpers.js:88:18)
npm ERR! code ELIFECYCLE
npm ERR! errno 1
npm ERR! saleor-dashboard#3.7.0 start: `npm run build-types && webpack-dev-server -d`
npm ERR! Exit status 1
npm ERR!
npm ERR! Failed at the saleor-dashboard#3.7.0 start script.
npm ERR! This is probably not a problem with npm. There is likely additional logging output above.
npm ERR! A complete log of this run can be found in:
npm ERR! /root/.npm/_logs/2022-09-03T06_21_34_373Z-debug.log
My package.json includes:
"devDependencies": {
"ts-jest": "^27.0.7",
"tsconfig-paths-webpack-plugin": "^3.2.0",
"typescript": "^4.3.5",
"webpack": "^5.74.0",
"webpack-bundle-analyzer": "^4.4.1",
"webpack-cli": "^3.3.6",
"webpack-dev-server": "3.11.2",
}
Would appreciate a lot if somebody can help me with this.