2, Drake Close, NE33 5DE
2 Drake Close is a 25 m² / 269 sq ft flat in South Shields. It sold for £36,000 in December 2005. Indexed forward to today's value, that sale is roughly £44k. Recent local prices imply a broad valuation context of £20k to £48k based on its internal area. The Land Registry and EPC data was last updated 1 June 2026.
- Sale history
-
Date Paid price Annual growth After inflation Dec 2005 £36,000 7.9% 6.2% Oct 1998 £21,000 na na - Internal area
- 25 square metres (269 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £1,440 per square metre (£134 per square foot) in Dec 2005. Indexed forward to today's value, this is roughly £1,751 per square metre (£163 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Dec 2005 £36,000 £1,440 £43,767 £1,751 Oct 1998 £21,000 £840 £66,007 £2,640 Calculated using the latest EPC internal area of 25 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £43,767. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in South Shields are now selling for between £800 and £1,910 per square metre (£74 and £177 per square foot). Based on an internal area of 25 m², this implies a valuation between £20,000 and £48,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 1
- Type
- Flat
- Council tax band
- A
- Summary:
- 07 November 2020 - energy performance certificate grade E
- Certificate:
- View energy certificate on GOV.UK
- Reason for EPC:
- Rental
- Tenure:
- Private rental
- Property type:
- 1st floor flat in an apartment block with 1 storeys , has 1 habitable rooms. Estimated year built 1976 to 1982
- Area:
- 25 sqm (269 square foot) total internal area
- Comments:
- Walls: Cavity wall, as built, partial insulation (assumed). Roof: (another dwelling above). Heating: Room heaters, electric.
- Summary:
- 06 November 2008 - energy performance certificate grade D
- Reason for EPC:
- None
- Tenure:
- Private rental
- Property type:
- None , has 1 habitable rooms. Estimated year built 1976 to 1982
- Area:
- 25 sqm (269 square foot) total internal area
- Comments:
2 Drake Close is worth whatever price a willing buyer and seller agree upon. However, the following can provide useful context.
- HouseMetric estimates the most recent sale price indexed forward to today's value is £43,767.
- Based on an internal area of 25 m² and recent prices in South Shields, this implies a lower and upper quartile range from £20,000 to £48,000, using HouseMetric's implied valuation methodology.
For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.