23 Palace Close

    23, PALACE CLOSE, SOUTH SHIELDS, NE33 5EQ

    This semi-detached freehold property on Palace Close last sold in March 2016 for £161,995. Based on price growth in the NE33 district since then, its estimated current value is £244,492 — placing it in the 36th percentile nationally and the 86th percentile within NE33. The property covers 107 m² (1,152 sq ft), giving an estimated value of £2,285 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    107 m²

    (1,152 sq ft)

    Last Sale Price

    £161,995

    Mar 2016

    Estimated Valuation

    £244,492

    Est. £/m²

    £2,285/m²

    £212/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area107 m² (1,152 sq ft)
    EPC dateMar 2016
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Mar 2016

    New build

    £161,995

    Key Metrics

    Estimated valuation£244,492
    Value per m² / sq ft£2,285/m² (£212/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile86th percentile
    National percentile36th 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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