10, DRAKE CLOSE, SOUTH SHIELDS, TYNE AND WEAR, NE33 5DE
Last sold for £63,000 in 2017. Get an instant property valuation based on current market data and comparable sales.
Please note: This is an estimate based on available data and market trends. This valuation is provided for informational purposes only and should not be considered as a professional valuation. BritishProperty.uk takes no responsibility for any inaccuracies, errors, or omissions in this estimate. Property values can vary significantly based on condition, improvements, market conditions, and other factors not reflected in this automated estimate. Mistakes can occur in data processing or calculations. For a professional valuation, you should consult a qualified surveyor or estate agent. This estimate is not intended to be used as the sole basis for any financial, legal, or property-related decisions.
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Property Characteristics
10 DRAKE CLOSE is a terraced house in SOUTH SHIELDS, TYNE AND WEAR.
First sale date of 2000 suggests this property has been part of the NE33 5DE market for 25 years.
Transaction History
First recorded sale was in 2000 at £29,950, with 3 total transactions recorded over the property's history.
Latest sale occurred on 24 November 2017 for £63,000, representing a 0.0% increase from the previous sale in 2013.
Over 25 years of ownership history, this property has seen 3 ownership changes, averaging approximately 8.3 years between sales.
Since last selling in 2017, the property's estimated value has grown by approximately £76,813, representing a 10% annual growth rate over 8.4 years.
Location Context
Located in the E05001150 administrative ward.
Sits within the E14001492 parliamentary constituency.
Positioned in the E01008665 Lower Super Output Area (LSOA), which forms part of E02001769 Middle Super Output Area (MSOA).
Falls within the E43000177 parish area.
Market Position
Ranks below the postcode average, positioned in the 49th percentile (20 of 37 properties) in NE33 5DE.
Priced 22.4% below the NE33 5DE average of £81,220 for all property types.
Current estimated value ranges from £125,832 to £153,794, with a central estimate of £139,813 based on market growth trends.
Comparative Market Analysis
DRAKE CLOSE has 37 recorded properties with an average sale price of £81,220. This property is 22.4% below the street average.
Across all property types in NE33 5DE, 2 properties have sold over the past 12 months at an average of £141,250.
Sale History
| Date | Price | Change | Property Type |
|---|---|---|---|
| 24/11/2017 | £63,000 | +0.0% | terraced house |
| 09/05/2013 | £63,000 | +110.4% | terraced house |
| 01/09/2000 | £29,950 | - | terraced house |
Price History
Market Statistics - NE33 5DE
Property Types
Similar Properties in NE33 5DE
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Data Source & License: Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. For official property records and documentation, please visit HM Land Registry .