21 Drake Close, South Shields, NE33 5DE is a leasehold flat built between 1983-1990. The property offers approximately 431 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £65,364 , which equates to approximately £152 per square foot. It was last sold on 7 Dec 2006 for £59,500. Since then, the value has increased by £5,864, representing a 9.9% increase, or approximately 0.5% per year.

The current estimated value of £65,364 is:

  • 55.1% lower than the average property price on Drake Close
  • 50.4% lower than the average in the NE33 5DE postcode area
  • and 65.6% lower than the average price for South Shields as a whole

At the most recent EPC inspection on 16 February 2021, 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
431 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£65,364
Price Per sq ft (estimate)
£152
Bedroom Count (estimate)
1 bedroom

EPC Summary

21 Drake Close, South Shields, South Tyneside, Tyne And Wear, NE33 5DE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 16 Feb 2021.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Jun 2020. The rating of D is unchanged, though the energy efficiency score decreased by 10.6%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, 50 mm loft insulation, changing energy efficiency from good to poor.
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 71% of fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Compared to NE33 5DE

27 th / 37
Price Rank
50% lower than average
16 th / 26
Size Rank
33% smaller than average
18 th / 26
Price Per Sq FT Rank
26% lower than average

Compared to other properties in NE33 5DE , this flat's estimated value ranks 27th out of 37. Based on price per square foot, it ranks 18th out of 26 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 16th out of 26 properties in its postcode area.

Sale History

Today
£65,364
streetscan.co.uk estimate
+10 %
7 Dec 2006
£59,500
Leasehold
+116.4 %
14 Apr 2000
£27,500
Leasehold
0 %
17 Mar 1995
£27,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 418 sq ft
sale price: £63,000
sale date: 13 Mar 2017
rooms: 2
size: 409 sq ft
sale price: £54,950
sale date: 12 Jun 2014
rooms: 2
size: 398 sq ft
sale price: £68,000
sale date: 18 Jun 2007
rooms: 2
size: 398 sq ft
sale price: £21,000
sale date: 7 Oct 1996
rooms: 2
size: 377 sq ft
sale price: £26,000
sale date: 23 Jan 1995

Data Sources

The property at 21 Drake Close, South Shields, NE33 5DE appears three times in the Land Registry records, with the latest transaction recorded on 7 Dec 2006. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Feb 2021. 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.