8 Drake Close, South Shields, NE33 5DE is a leasehold flat built between 1983-1990. The property offers approximately 506 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 £117,893 , which equates to approximately £233 per square foot. It was last sold on 7 Apr 2003 for £58,000. Since then, the value has increased by £59,893, representing a 103.3% increase, or approximately 4.6% per year.

The current estimated value of £117,893 is:

  • 19.0% lower than the average property price on Drake Close
  • 10.6% lower than the average in the NE33 5DE postcode area
  • and 38.0% lower than the average price for South Shields as a whole

View sold house prices in NE33 5DE

Building approximate location

About Property

Type
Semi-Detached House
Built
1983-1990
Interior Size
506 sq ft
Tenure
Leasehold
Price (estimate)
£117,893
Price Per sq ft (estimate)
£233
Bedroom Count (estimate)
1 bedroom

EPC Summary

8 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 12 Jun 2018.

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, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE33 5DE

24 th / 37
Price Rank
11% lower than average
14 th / 26
Size Rank
21% smaller than average
13 th / 26
Price Per Sq FT Rank
14% higher than average

Compared to other properties in NE33 5DE , this house's estimated value ranks 24th out of 37. Based on price per square foot, it ranks 13th out of 26 properties. In terms of size, this home ranks 14th out of 26 properties in its postcode area.

Sale History

Today
£117,893
streetscan.co.uk estimate
+103 %
7 Apr 2003
£58,000
Leasehold
+52.6 %
16 Oct 1998
£38,000
Leasehold
+11.8 %
12 Jul 1995
£34,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 431 sq ft
sale price: £59,500
sale date: 7 Dec 2006
rooms: 4
size: 517 sq ft
sale price: £43,000
sale date: 22 Oct 1999

Data Sources

The property at 8 Drake Close, South Shields, NE33 5DE appears three times in the Land Registry records, with the latest transaction recorded on 7 Apr 2003. It also has a single Energy Performance Certificate (EPC) from 12 Jun 2018. 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.