31 Drake Close, South Shields, NE33 5DE is a leasehold flat built between 1983-1990. The property offers approximately 398 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 £70,155 , which equates to approximately £176 per square foot. It was last sold on 7 Oct 1996 for £21,000. Since then, the value has increased by £49,155, representing a 234.1% increase, or approximately 8.0% per year.

The current estimated value of £70,155 is:

  • 51.8% lower than the average property price on Drake Close
  • 46.8% lower than the average in the NE33 5DE postcode area
  • and 63.1% lower than the average price for South Shields as a whole

At the most recent EPC inspection on 4 March 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
398 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£70,155
Price Per sq ft (estimate)
£176
Bedroom Count (estimate)
1 bedroom

EPC Summary

31 Drake Close, South Shields, South Tyneside, Tyne And Wear, NE33 5DE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 Mar 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
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 75% of fixed outlets
Very Good

Compared to NE33 5DE

33 rd / 37
Price Rank
47% lower than average
21 st / 26
Size Rank
38% smaller than average
24 th / 26
Price Per Sq FT Rank
14% lower than average

Compared to other properties in NE33 5DE , this flat's estimated value ranks 33th out of 37. Based on price per square foot, it ranks 24th 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 21th out of 26 properties in its postcode area.

Sale History

Today
£70,155
streetscan.co.uk estimate
+234 %
7 Oct 1996
£21,000
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: 3
size: 431 sq ft
sale price: £59,500
sale date: 7 Dec 2006
rooms: 2
size: 377 sq ft
sale price: £26,000
sale date: 23 Jan 1995

Data Sources

The property at 31 Drake Close, South Shields, South Tyneside, Tyne And Wear, NE33 5DE appears once in the Land Registry records, with the transaction recorded on 7 Oct 1996. It also has a single Energy Performance Certificate (EPC) from 4 Mar 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.