1 Drake Close, South Shields, NE33 5DE is a leasehold flat built between 1983-1990. The property offers approximately 269 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £39,988 , which equates to approximately £149 per square foot. It was last sold on 27 Jun 2003 for £23,000. Since then, the value has increased by £16,988, representing a 73.9% increase, or approximately 3.2% per year.

The current estimated value of £39,988 is:

  • 71.6% lower than the average property price on Drake Close
  • 69.7% lower than the average in the NE33 5DE postcode area
  • and 77.3% lower than the average price for South Shields as a whole

View sold house prices in NE33 5DE

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
269 sq ft
Tenure
Leasehold
Price (estimate)
£39,988
Price Per sq ft (estimate)
£149
Bedroom Count (estimate)
1 bedroom

EPC Summary

1 Drake Close, South Shields, South Tyneside, Tyne And Wear, NE33 5DE has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 3 Dec 2016.

A standard tariff electric immersion heater is used to provide hot water. The windows are single glazed.

Heating Type
No system present: electric heaters assumed
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE33 5DE

37 th / 37
Price Rank
70% lower than average
23 rd / 26
Size Rank
58% smaller than average
26 th / 26
Price Per Sq FT Rank
27% lower than average

Sale History

Today
£39,988
streetscan.co.uk estimate
+74 %
27 Jun 2003
£23,000
Leasehold

Flood Risk for this Property

Flood risk from rivers and the sea
Very low flood risk
Flood risk from surface water
Very low flood risk
Surface water flood hazard
No mapped risk

* Results are based on Environment Agency flood risk mapping for the property UPRN where available. They are indicative and should not be treated as a site-specific flood survey.

Flood risk from rivers and the sea

This property has very low flood risk from rivers and the sea.

River and sea flooding includes flooding caused by overflowing rivers, estuaries, tidal waters and coastal surges.

Flood risk from surface water

This property has very low surface water flood risk.

Surface water flooding can happen when heavy rainfall overwhelms drains, roads, gardens or other hard surfaces.

Flood depth indicators

Rivers and Sea
  • 0.2m depth No mapped risk
  • 0.3m depth No mapped risk
  • 0.6m depth No mapped risk
  • 0.9m depth No mapped risk
  • 1.2m depth No mapped risk
Surface Water
  • 0.2m depth No mapped risk
  • 0.3m depth No mapped risk
  • 0.6m depth No mapped risk
  • 0.9m depth No mapped risk
  • 1.2m depth No mapped risk

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 269 sq ft
sale price: £23,750
sale date: 18 Oct 2022
rooms: 1
size: 272 sq ft
sale price: £24,000
sale date: 26 Jun 2015
rooms: 1
size: 269 sq ft
sale price: £36,000
sale date: 12 Dec 2005

Data Sources

The property at 1 Drake Close, South Shields, NE33 5DE appears once in HM Land Registry records, with the transaction recorded on 27 Jun 2003. It also has a single Energy Performance Certificate (EPC) recorded on 3 Dec 2016. We use this information to estimate the property's characteristics, flood risk profile and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0 .

StreetScan.co.uk is not affiliated with, endorsed by, or associated with HM Land Registry, DESNZ, MHCLG, Defra or the Environment Agency.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure that the information provided on this website is current and accurate. However, no warranties or representations are made regarding its completeness, accuracy, suitability or reliability. Property values, flood risk assessments and other derived information are estimates based on publicly available datasets and should not be relied upon as professional, legal, surveying, environmental, financial or insurance advice. StreetScan.co.uk expressly disclaims all liability for any loss, damage, cost or expense arising directly or indirectly from the use of, or reliance upon, information provided on this website.