26 Drake Close

    26, DRAKE CLOSE, SOUTH SHIELDS, NE33 5DE

    This terraced freehold property on Drake Close last sold in August 2023 for £120,000. Based on price growth in the NE33 district since then, its estimated current value is £109,508 — placing it in the 5th percentile nationally and the 40th percentile within NE33. The property covers 50 m² (538 sq ft), giving an estimated value of £2,190 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    50 m²

    (538 sq ft)

    Last Sale Price

    £120,000

    Aug 2023

    Estimated Valuation

    £109,508

    Est. £/m²

    £2,190/m²

    £203/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area50 m² (538 sq ft)
    EPC dateJan 2023
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Aug 2023

    £120,000

    Key Metrics

    Estimated valuation£109,508
    Value per m² / sq ft£2,190/m² (£203/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile40th percentile
    National percentile5th 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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