50 Drake Close

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

    This terraced leasehold property on Drake Close last sold in August 2006 for £104,000. Based on price growth in the NE33 district since then, its estimated current value is £134,006 — placing it in the 9th percentile nationally and the 53rd percentile within NE33. The property covers 53 m² (570 sq ft), giving an estimated value of £2,528 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    53 m²

    (570 sq ft)

    Last Sale Price

    £104,000

    Aug 2006

    Estimated Valuation

    £134,006

    Est. £/m²

    £2,528/m²

    £235/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area53 m² (570 sq ft)
    EPC dateFeb 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Aug 2006

    £104,000

    23 Nov 2001

    £53,000

    23 Nov 2001

    £53,000

    Key Metrics

    Estimated valuation£134,006
    Value per m² / sq ft£2,528/m² (£235/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile53rd percentile
    National percentile9th 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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