40 Drake Close

    40, DRAKE CLOSE, SOUTH SHIELDS, SOUTH SHIELDS, NE33 5DE

    This semi-detached leasehold property on Drake Close last sold in October 2004 for £189,950. Based on price growth in the NE33 district since then, its estimated current value is £336,347 — placing it in the 57th percentile nationally and the 96th percentile within NE33. The property covers 29 m² (312 sq ft), giving an estimated value of £11,598 per m². The EPC rating is E, with a potential rating of D.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    29 m²

    (312 sq ft)

    Last Sale Price

    £189,950

    Oct 2004

    Estimated Valuation

    £336,347

    Est. £/m²

    £11,598/m²

    £1,077/sq ft

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formNot Recorded
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialD
    Floor area29 m² (312 sq ft)
    EPC dateMay 2026
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    4 Oct 2004

    £189,950

    7 Jan 1999

    £75,500

    Key Metrics

    Estimated valuation£336,347
    Value per m² / sq ft£11,598/m² (£1,077/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile96th percentile
    National percentile57th 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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