8 Palace Close

    8, PALACE CLOSE, SOUTH SHIELDS, NE33 5EQ

    This detached freehold property on Palace Close last sold in July 2025 for £245,000. Based on price growth in the NE33 district since then, its estimated current value is £245,000 — placing it in the 36th percentile nationally and the 86th percentile within NE33. The property covers 104 m² (1,119 sq ft), giving an estimated value of £2,356 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    104 m²

    (1,119 sq ft)

    Last Sale Price

    £245,000

    Jul 2025

    Estimated Valuation

    £245,000

    Est. £/m²

    £2,356/m²

    £219/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area104 m² (1,119 sq ft)
    EPC dateNov 2015
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Jul 2025

    £245,000

    27 Nov 2015

    New build

    £164,995

    Key Metrics

    Estimated valuation£245,000
    Value per m² / sq ft£2,356/m² (£219/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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