11 Drake Close

    11, DRAKE CLOSE, SOUTH SHIELDS, NE33 5DE

    This flat/maisonette leasehold property on Drake Close last sold in March 2017 for £63,000. Based on price growth in the NE33 district since then, its estimated current value is £75,919 — placing it in the 1st percentile nationally and the 15th percentile within NE33. The property covers 25 m² (269 sq ft), giving an estimated value of £3,037 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    25 m²

    (269 sq ft)

    Last Sale Price

    £63,000

    Mar 2017

    Estimated Valuation

    £75,919

    Est. £/m²

    £3,037/m²

    £282/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms1
    Main fuelTo be used only when there is no heating/hot-water system or data is from a community network
    EPC currentE
    EPC potentialC
    Floor area25 m² (269 sq ft)
    EPC dateDec 2016
    WallsTimber frame, as built, insulated (assumed)
    HeatingNo system present: electric heaters assumed

    Transaction History

    13 Mar 2017

    £63,000

    12 Aug 2004

    £62,000

    Key Metrics

    Estimated valuation£75,919
    Value per m² / sq ft£3,037/m² (£282/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile15th percentile
    National percentile1st 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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