5 Drake Close, South Shields, NE33 5DE is a leasehold flat built between 1983-1990. The property offers approximately 272 square feet of living space and is situated on the 1st floor of a 2-storey building. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £31,930 , which equates to approximately £119 per square foot. It was last sold on 26 Jun 2015 for £24,000. Since then, the value has increased by £7,930, representing a 33.0% increase, or approximately 3.2% per year.

The current estimated value of £31,930 is:

  • 78.1% lower than the average property price on Drake Close
  • 75.8% lower than the average in the NE33 5DE postcode area
  • and 83.2% lower than the average price for South Shields as a whole

At the most recent EPC inspection on 21 September 2008, the property was recorded as owner-occupied.

View sold house prices in NE33 5DE

Building approximate location

About Property

Type
Semi-Detached House
Built
1983-1990
Interior Size
272 sq ft
Tenure
Leasehold
Floor level
1st floor of 2
Price (estimate)
£31,930
Price Per sq ft (estimate)
£119
Bedroom Count (estimate)
1 bedroom

EPC Summary

5 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 21 Sep 2008.

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

Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 40% of fixed outlets
Average

Compared to NE33 5DE

36 th / 37
Price Rank
76% lower than average
25 th / 26
Size Rank
58% smaller than average
25 th / 26
Price Per Sq FT Rank
42% lower than average

Compared to other properties in NE33 5DE , this house's estimated value ranks 36th out of 37. Based on price per square foot, it ranks 25th 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 25th out of 26 properties in its postcode area.

Sale History

Today
£31,930
streetscan.co.uk estimate
+33 %
26 Jun 2015
£24,000
Leasehold
+77.8 %
23 May 1997
£13,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 269 sq ft
sale price: £23,750
sale date: 18 Oct 2022
rooms: 1
size: 269 sq ft
sale price: £36,000
sale date: 12 Dec 2005
rooms: 1
size: 269 sq ft
sale price: £23,000
sale date: 27 Jun 2003

Data Sources

The property at 5 Drake Close, South Shields, NE33 5DE appears two times in the Land Registry records, with the latest transaction recorded on 26 Jun 2015. It also has a single Energy Performance Certificate (EPC) from 21 Sep 2008. 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.