11 Palace Close

    11, PALACE CLOSE, SOUTH SHIELDS, NE33 5EQ

    This terraced freehold property on Palace Close last sold in December 2015 for £115,995. Based on price growth in the NE33 district since then, its estimated current value is £138,723 — placing it in the 10th percentile nationally and the 55th percentile within NE33. The property covers 71 m² (764 sq ft), giving an estimated value of £1,954 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    71 m²

    (764 sq ft)

    Last Sale Price

    £115,995

    Dec 2015

    Estimated Valuation

    £138,723

    Est. £/m²

    £1,954/m²

    £182/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area71 m² (764 sq ft)
    EPC dateDec 2015
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Dec 2015

    New build

    £115,995

    Key Metrics

    Estimated valuation£138,723
    Value per m² / sq ft£1,954/m² (£182/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile55th percentile
    National percentile10th 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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