Our Data Sources
5, Drake Close, South Shields has 21 entries in the Land Registry, most recently in June 2015 and a single entry in the EPC database dated September 2008.
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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Drake Close, South Shields, we estimate a market value of £34,922 and a rental value of £263 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £30,931 and £233 per month respectively.
Energy Efficiency
5, Drake Close, South Shields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Sep 2008.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
Sold Prices
The most recent sale of 5, Drake Close, South Shields completed on 26th June 2015 at £24,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 30.3% over the period since June 2015.
- Sold Jun 2015£24,000
- Sold May 1997£13,500
Similar Properties Sold Nearby
Since 2024 2 properties similar to 5, Drake Close, South Shields have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th October 2024, was 7, Gilbert Street, South Shields, NE33 5HF, a leasehold flat which sold for £33,000.
Read more about house prices in NE33.
- Sold Oct 2024£33,000 | 2 Bed Flat7, Gilbert Street, South Shields, NE33 5HF7, Gilbert Street, South Shields, NE33 5HF
- Sold Jun 2024£125,000 | 2 Bed Flat13, Gilbert Street, South Shields, NE33 5HF13, Gilbert Street, South Shields, NE33 5HF
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £106,521, ranging from £24,169 to £239,143.
- 4 Drake Close
1 Bed Flat | 0 m | Est. Value: £25,708
- 2 Drake Close
1 Bed Flat | 0 m | Est. Value: £24,169
- 1 Drake Close
1 Bed Flat | 0 m | Est. Value: £24,169
- 3 Drake Close
1 Bed Flat | 0 m | Est. Value: £24,169
- 50 Drake Close
2 Bed House | 30 m | Est. Value: £156,405
Location Comparison
Of the 49 addresses on Drake Close, South Shields, NE33, 5, Drake Close, South Shields comes out as the 18th largest and the 38th most expensive in our analysis of the public data.
It is also £100k less expensive than the average property across the NE33 district.
More reading links
Schools Nearby
- Laygate Community School600 m away
- Stanhope Primary School800 m away
- St Bede's Catholic Primary School, South Shields1.0 km away
- Mortimer Community College1.1 km away
- St Wilfrid's RC College1.4 km away
- Harton Academy2.4 km away
More reading links
Public Transport Nearby
- Northumberland Park (Tyne & Wear)|7.3 km away
- Heworth|8.3 km away
- Sunderland|9.7 km away
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast Broadband available in this area.
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
