Palace Close - NE33 5EQ
Key Street Insights
Palace Close is a residential street with 36 addresses.
It ranks as the 243rd largest and 288th most expensive of the 381 streets in the NE33 area. The most common property type is a modern house built after 1980.
The street contains a total of 36 properties: 36 houses.
- Ave. Sale Price
- £179,220
- 10 Year change
- up 25.2%
- Ave. Rental Price
- £961pcm
- 10 Year change
- up 58.0%
- Ave. £ per ft²
- £181/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Street Insights
Palace Close is a residential street with 36 addresses.
It ranks as the 243rd largest and 288th most expensive of the 381 streets in the NE33 area. The most common property type is a modern house built after 1980.
The street contains a total of 36 properties: 36 houses.
- Ave. Sale Price
- £179,220
- 10 Year change
- up 25.2%
- Ave. Rental Price
- £961pcm
- 10 Year change
- up 58.0%
- Ave. £ per ft²
- £181/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Properties on Palace Close, South Shields, NE33
- 1 Palace Close
3 Bed Modern House
- 2 Palace Close
3 Bed Modern House
- 3 Palace Close
3 Bed Modern House
- 4 Palace Close
3 Bed Modern House
- 5A Palace Close
3 Bed Modern House
Sales Market Trends
The last sale on Palace Close sold for £245,000 on 22nd July 2025. Since then prices are up an average of 2.1%.
The current average value in the street is £179,220.
The Palace Close Sales Market has increased by 25.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £179,220 |
| June 2025 | 1.5% | £175,672 |
| June 2024 | 6.1% | £173,109 |
| June 2023 | -4.2% | £163,160 |
| June 2022 | 9.9% | £170,344 |
| June 2021 | 4.9% | £155,058 |
| June 2020 | 3.6% | £147,874 |
| June 2019 | -1.2% | £142,791 |
| June 2018 | 3.1% | £144,473 |
| June 2017 | -2.1% | £140,103 |
| June 2016 | 0.8% | £143,154 |
| June 2015 | 2.7% | £142,064 |
| June 2014 | 3% | £138,268 |
| June 2013 | -1.3% | £134,304 |
| June 2012 | -4.3% | £136,024 |
| June 2011 | 1.3% | £142,142 |
| June 2010 | 1.7% | £140,330 |
| June 2009 | -10.2% | £137,961 |
| June 2008 | -2.8% | £153,658 |
| June 2007 | 0% | £158,025 |
Rental Market Trends
The current average rental value in the street is £961.
The Palace Close Rental Market has increased by 58.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £961pcm |
| June 2025 | 3.3% | £927pcm |
| June 2024 | 10.3% | £897pcm |
| June 2023 | 11.1% | £813pcm |
| June 2022 | 10% | £732pcm |
| June 2021 | 6.1% | £666pcm |
| June 2020 | 3% | £627pcm |
| June 2019 | -0.4% | £609pcm |
| June 2018 | 0.1% | £611pcm |
| June 2017 | 0.4% | £611pcm |
| June 2016 | 1.4% | £608pcm |
| June 2015 | 1.8% | £600pcm |
| June 2014 | 0.7% | £589pcm |
| June 2013 | 1.2% | £586pcm |
| June 2012 | 1% | £579pcm |
| June 2011 | 1.7% | £573pcm |
| June 2010 | 2.9% | £563pcm |
| June 2009 | -5% | £547pcm |
| June 2008 | 4.4% | £576pcm |
| June 2007 | 0% | £551pcm |
Sales History
The last recorded sale was on 22nd July 2025 for £245,000 and since then the market in the area has increased by 2.1%.
Palace Close, South Shields, NE33 has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Jul 2025£245,000 | 3 Bed House8, Palace Close, South Shields, NE33 5EQ8, Palace Close, South Shields, NE33 5EQ
- Sold May 2025£165,000 | 3 Bed House3, Palace Close, South Shields, NE33 5EQ3, Palace Close, South Shields, NE33 5EQ
- Sold Apr 2024£200,000 | 3 Bed House21, Palace Close, South Shields, NE33 5EQ21, Palace Close, South Shields, NE33 5EQ
Top 3 Most Expensive Sales
- Sold Jul 2025£245,000 | 3 Bed House8, Palace Close, South Shields, NE33 5EQ8, Palace Close, South Shields, NE33 5EQ
- Sold Mar 2022£205,000 | 3 Bed House26, Palace Close, South Shields, NE33 5EQ26, Palace Close, South Shields, NE33 5EQ
- Sold Apr 2024£200,000 | 3 Bed House21, Palace Close, South Shields, NE33 5EQ21, Palace Close, South Shields, NE33 5EQ
Nearby Streets
Palace Close, South Shields, NE33 is the 243rd largest and the 288th most expensive street in the NE33 area.
- Havelock Street, South Shields, NE335 Addresses|81 m away
- Garden Gate Drive, South Shields, NE3341 Addresses|95 m away
- Eldon Street, South Shields, NE3334 Addresses|97 m away
- Frederick Street, South Shields, NE3353 Addresses|136 m away
- Walpole Street, South Shields, NE332 Addresses|144 m away
- Plessey Walk, South Shields, NE3336 Addresses|155 m away
Property Types
- 36 modern houses built after 1980
- modern house (36)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 36 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (35)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (0)
Schools Nearby
- Laygate Community School500 m away
- St Bede's Catholic Primary School, South Shields700 m away
- Stanhope Primary School1.2 km away
- Mortimer Community College1.2 km away
- St Wilfrid's RC College1.7 km away
- Harton Academy2.5 km away
More reading links
Public Transport Nearby
The closest station to Palace Close, South Shields, NE33 - NE33 5EQ is Northumberland Park (Tyne & Wear) station, which is 7.1 kilometres away.
- Northumberland Park (Tyne & Wear)|7.1 km away
- Heworth|8.5 km away
- Sunderland|10.0 km away
