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According to the public record, 44, Drake Close, South Shields is a modern leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 44, Drake Close, South Shields is £28,741 and the estimated rental value is £218 per month.
Drake Close, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
44, Drake Close, South Shields has 21 entries in the Land Registry , most recently in June 2014 and a single entry in the EPC database dated December 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 44, Drake Close, South Shields is in very good condition we estimate a sale value of £30,178 and a rental value of £229 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £26,729 and a rental value of £203 per month.
Over the last 12 months the sale value of 44 Drake Close South Shields has decreased by an estimated £237 (0.8%) and its rental value has increased by an estimated £3 per month (1.4%), giving an expected gross yield of 9.1%.
44, Drake Close, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Dec 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 44, Drake Close, South Shields was last sold on 12th June 2014 for £54,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2014, the market for similar properties has risen 29.0%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 44, Drake Close, South Shields within a radius of 490 metres over the last 2 years.
The most recent example is 30, Drake Close, South Shields, NE33 5DE, a leasehold flat which sold for £68,000 on the 18th June 2007.
Read more about house prices in NE33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drake Close, South Shields, NE33 has a total of 49 addresses. According to our analysis of all the public data, 44, Drake Close, South Shields is the 38th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in NE33.
The closest station to 44, Drake Close, South Shields is Northumberland Park (Tyne & Wear) station which is 7.3 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 44, Drake Close, South Shields, 38.6% of property is privately owned outright and 31.4% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 44, Drake Close, South Shields, 9.9% of residents are recorded as possessing school level qualifications and 24.8% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 44, Drake Close, South Shields, the average age was 40.6 and the most common age was 32.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 44, Drake Close, South Shields, 0.8% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 44, Drake Close, South Shields, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
