44 Drake Close, South Shields, NE33 5DE is a leasehold flat built between 1983-1990. The property offers approximately 409 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 £74,036 , which equates to approximately £181 per square foot. It was last sold on 12 Jun 2014 for £54,950. Since then, the value has increased by £19,086, representing a 34.7% increase, or approximately 3.0% per year.

The current estimated value of £74,036 is:

  • 49.1% lower than the average property price on Drake Close
  • 43.9% lower than the average in the NE33 5DE postcode area
  • and 61.1% lower than the average price for South Shields as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 31 December 2014, the property was recorded as owner-occupied.

View sold house prices in NE33 5DE

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
409 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£74,036
Price Per sq ft (estimate)
£181
Bedroom Count (estimate)
1 bedroom

EPC Summary

44 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 31 Dec 2014.

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 the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 8 Apr 2014. The rating of D remains the same, but the energy efficiency score improved by 1.8%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 50 mm loft insulation to pitched, 75 mm loft insulation, improving energy efficiency from poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to NE33 5DE

29 th / 37
Price Rank
44% lower than average
19 th / 26
Size Rank
37% smaller than average
20 th / 26
Price Per Sq FT Rank
12% lower than average

Compared to other properties in NE33 5DE , this flat's estimated value ranks 29th out of 37. Based on price per square foot, it ranks 20th 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 19th out of 26 properties in its postcode area.

Sale History

Today
£74,036
streetscan.co.uk estimate
+35 %
12 Jun 2014
£54,950
Leasehold
-1.8 %
23 Jan 2004
£55,950
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: 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: 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 44 Drake Close, South Shields, NE33 5DE appears two times in the Land Registry records, with the latest transaction recorded on 12 Jun 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 31 Dec 2014. 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.