16 Palace Close

    16, PALACE CLOSE, SOUTH SHIELDS, NE33 5EQ

    This semi-detached freehold property on Palace Close last sold in March 2016 for £119,995. Based on price growth in the NE33 district since then, its estimated current value is £181,103 — placing it in the 20th percentile nationally and the 71st percentile within NE33. The property covers 74 m² (797 sq ft), giving an estimated value of £2,447 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    74 m²

    (797 sq ft)

    Last Sale Price

    £119,995

    Mar 2016

    Estimated Valuation

    £181,103

    Est. £/m²

    £2,447/m²

    £227/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2012-2021
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area74 m² (797 sq ft)
    EPC dateMar 2026
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Mar 2016

    New build

    £119,995

    Key Metrics

    Estimated valuation£181,103
    Value per m² / sq ft£2,447/m² (£227/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile71st percentile
    National percentile20th 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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