20 Drake Close, South Shields, NE33 5DE is a leasehold flat built between 1983-1990. The property offers approximately 377 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 £91,780 , which equates to approximately £244 per square foot. It was last sold on 23 Jan 1995 for £26,000. Since then, the value has increased by £65,780, representing a 253.0% increase, or approximately 8.2% per year.

The current estimated value of £91,780 is:

  • 36.9% lower than the average property price on Drake Close
  • 30.4% lower than the average in the NE33 5DE postcode area
  • and 51.7% lower than the average price for South Shields as a whole

At the most recent EPC inspection on 31 May 2024, the property was recorded as rented.

View sold house prices in NE33 5DE

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
377 sq ft
Tenure
Leasehold
Price (estimate)
£91,780
Price Per sq ft (estimate)
£244
Bedroom Count (estimate)
1 bedroom

EPC Summary

20 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 31 May 2024.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Apr 2014, when the property was rated C. The current rating of E reflects a decline in energy efficiency of 26.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE33 5DE

28 th / 37
Price Rank
30% lower than average
22 nd / 26
Size Rank
42% smaller than average
14 th / 26
Price Per Sq FT Rank
19% higher than average

Compared to other properties in NE33 5DE , this flat's estimated value ranks 28th out of 37. Based on price per square foot, it ranks 14th out of 26 properties. In terms of size, this home ranks 22th out of 26 properties in its postcode area.

Sale History

Today
£91,780
streetscan.co.uk estimate
+253 %
23 Jan 1995
£26,000
Leasehold

Area Insights

Similar Properties Sold Nearby

11 Drake Close, South Shields, NE33 5DE
rooms: 2
size: 418 sq ft
sale price: £63,000
sale date: 13 Mar 2017
44 Drake Close, South Shields, NE33 5DE
rooms: 2
size: 409 sq ft
sale price: £54,950
sale date: 12 Jun 2014
30 Drake Close, South Shields, NE33 5DE
rooms: 2
size: 398 sq ft
sale price: £68,000
sale date: 18 Jun 2007
21 Drake Close, South Shields, NE33 5DE
rooms: 3
size: 431 sq ft
sale price: £59,500
sale date: 7 Dec 2006
31 Drake Close, South Shields, NE33 5DE
rooms: 2
size: 398 sq ft
sale price: £21,000
sale date: 7 Oct 1996

Data Sources

The property at 20 Drake Close, South Shields, South Tyneside, Tyne And Wear, NE33 5DE appears once in the Land Registry records, with the transaction recorded on 23 Jan 1995. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 31 May 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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