41, Drake Close, NE33 5DE
41 Drake Close is a 68 m² / 732 sq ft semi-detached home in South Shields. It sold for £122,500 in April 2016. Indexed forward to today's value, that sale is roughly £163k. Recent local prices imply a broad valuation context of £54k to £130k based on its internal area. The Land Registry and EPC data was last updated 1 June 2026.
- Sale history
-
Date Paid price Tenure Annual growth After inflation Apr 2016 £122,500 Freehold na na Apr 2016 £125,000 * Leasehold 0.6% -1.3% Jun 2009 £120,000 Leasehold 6.7% 4.6% Jan 1996 £50,000 Leasehold na na *This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.
- Internal area
- 68 square metres (732 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £1,801 per square metre (£167 per square foot) in Apr 2016. Indexed forward to today's value, this is roughly £2,396 per square metre (£223 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Apr 2016 £122,500 £1,801 £162,945 £2,396 Apr 2016 £125,000 £1,838 £166,270 £2,445 Jun 2009 £120,000 £1,765 £181,134 £2,664 Jan 1996 £50,000 £735 £219,560 £3,229 Calculated using the latest EPC internal area of 68 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 £162,945. 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 68 m², this implies a valuation between £54,000 and £130,000. 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
- 3
- Type
- Semi-detached
- Council tax band
- B
- Plot size
- 166 square metres (1,787 square feet) - map showing freehold boundary lines
- Planning ref:
- November 2015 ST/0888/15/HFUL
- Type:
- Full and householder planning application
- Status:
- Application approved with conditions
- Address:
- 41 Drake Close South Shield
- Description:
- Loft conversion with dormer extension to rear elevation.
- Planning ref:
- July 2006 ST/1690/06/FUL
- Type:
- Full and householder planning application
- Status:
- Application approved with conditions
- Address:
- 41 Drake Close South Shields South Tyneside
- Description:
- Proposed alterations to and conversion of existing garage to habitable room.
- Summary:
- 18 August 2011 - energy performance certificate grade D
- Reason for EPC:
- None
- Tenure:
- Owner-occupied
- Property type:
- None , has 5 habitable rooms. Estimated year built 1967 to 1975
- Area:
- 68 sqm (732 square foot) total internal area
- Comments:
41 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 £162,945.
- Based on an internal area of 68 m² and recent prices in South Shields, this implies a lower and upper quartile range from £54,000 to £130,000, using HouseMetric's implied valuation methodology.
For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.