5a Palace Close

    5A, PALACE CLOSE, SOUTH SHIELDS, NE33 5EQ

    This semi-detached freehold property on Palace Close last sold in May 2021 for £170,000. Based on price growth in the NE33 district since then, its estimated current value is £203,923 — placing it in the 25th percentile nationally and the 77th percentile within NE33. The property covers 91 m² (980 sq ft), giving an estimated value of £2,241 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    91 m²

    (980 sq ft)

    Last Sale Price

    £170,000

    May 2021

    Estimated Valuation

    £203,923

    Est. £/m²

    £2,241/m²

    £208/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area91 m² (980 sq ft)
    EPC dateSept 2020
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 May 2021

    £170,000

    13 Nov 2015

    New build

    £140,995

    Key Metrics

    Estimated valuation£203,923
    Value per m² / sq ft£2,241/m² (£208/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile77th percentile
    National percentile25th 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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