Housing Market Analysis for DRAKE CLOSE, NE33 5DE

Are you looking to understand NE33 5DE house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this South Tyneside postcode.

For the location information and nearby amenities in the NE33 5DE area, explore the NE33 5DE Area information page.
For comprehensive crime statistics in the NE33 5DE area, explore the NE33 5DE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE33 5DE postcode area, The average prices are as follows,

Terraced
- The average price is around £72,981 median price is £62,000 Standard Deviation is £37,095 with Total Sold: 32
- The Last 5 Year average price is £120,000 with Total Sold: 2
- The most recent sale happened at this postcode is 26 DRAKE CLOSE: £120,000 (Sold on 25 Aug 2023)
- The first recorded sale happened at this postcode is 9 DRAKE CLOSE: £29,500 (Sold on 17 Mar 1995)
Flat
- The average price is around £39,746 median price is £36,000 Standard Deviation is £16,812 with Total Sold: 25
- The Last 5 Year average price is £23,750 with Total Sold: 1
- The most recent sale happened at this postcode is 3 DRAKE CLOSE: £23,750 (Sold on 18 Oct 2022)
- The first recorded sale happened at this postcode is 20 DRAKE CLOSE: £26,000 (Sold on 23 Jan 1995)
Other
- The average price is around £30,000 median price is £30,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £30,000 with Total Sold: 1
- The most recent sale happened at this postcode is 3 DRAKE CLOSE: £30,000 (Sold on 19 Jan 2022)
- The first recorded sale happened at this postcode is 3 DRAKE CLOSE: £30,000 (Sold on 19 Jan 2022)
Semi-Detached
- The average price is around £89,497 median price is £75,500 Standard Deviation is £41,498 with Total Sold: 17
- The Last 5 Year average price is £123,750 with Total Sold: 2
- The most recent sale happened at this postcode is 27 DRAKE CLOSE: £137,500 (Sold on 16 Apr 2021)
- The first recorded sale happened at this postcode is 48 DRAKE CLOSE: £51,500 (Sold on 13 Apr 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE33 5DE house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£120,000	£2,400	2
2018	£103,500	£1,931	2
2017	£97,875	£1,682	4
2015	£94,000	£2,043	1
2013	£63,000	£1,615	1
2007	£155,000		1
2006	£124,500	£1,865	2
2003	£78,000		1
2001	£49,190	£1,000	5
2000	£58,238	£734	4
1999	£50,000	£859	2
1997	£37,000	£610	3
1995	£42,000	£615	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£23,750	£951	1
2017	£63,000	£1,620	1
2015	£24,000	£950	1
2014	£54,950	£1,340	1
2007	£69,500	£1,838	2
2006	£59,500	£1,488	1
2005	£36,000	£1,435	1
2004	£50,983	£1,454	3
2003	£40,500	£1,077	2
2000	£25,750	£720	2
1999	£43,000	£699	1
1998	£29,500	£824	2
1997	£29,750	£535	2
1996	£21,000	£568	1
1995	£31,375	£693	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£30,000	£1,201	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£137,500	£2,291	1
2019	£110,000	£2,245	1
2016	£123,750	£1,820	2
2010	£130,000	£2,166	1
2009	£120,000	£1,765	1
2004	£189,950		1
2002	£73,833	£1,127	3
1999	£66,750	£746	2
1997	£41,500	£847	2
1996	£50,000	£736	1
1995	£49,250	£959	2

All the Sales in the DRAKE CLOSE, NE33 5DE

See the table below for more details on the sold house prices in the NE33 5DE, South Tyneside postcode.

Address	Sold Date	Price	% Change
26 DRAKE CLOSETerraced, FreeholdArea: 50 Sq.mtrAge: 1976-1982	25 Aug 2023	£120,000	0.0
	25 Aug 2023	£120,000	First Sale
3 DRAKE CLOSEFlat, LeaseholdArea: 24.97 Sq.mtrAge: 1976-1982	18 Oct 2022	£23,750	-20.83%
	19 Jan 2022	£30,000	-14.29%
	23 Jan 2004	£35,000	First Sale
27 DRAKE CLOSESemi-Detached, LeaseholdArea: 60.01 Sq.mtrAge: 1967-1975	16 Apr 2021	£137,500	5.77%
	04 Oct 2010	£130,000	96.97%
	29 May 2002	£66,000	60.98%
	16 Jun 1997	£41,000	-2.38%
	26 Feb 1997	£42,000	First Sale
17 DRAKE CLOSESemi-Detached, FreeholdArea: 49 Sq.mtrAge: 1983-1990	31 Oct 2019	£110,000	134.04%
	09 Jun 1995	£47,000	First Sale
24 DRAKE CLOSETerraced, FreeholdArea: 61.5 Sq.mtrAge: 1976-1982	23 Nov 2018	£74,500	73.26%
	22 Oct 1999	£43,000	13.16%
	26 May 1995	£38,000	First Sale
16 DRAKE CLOSETerraced, FreeholdArea: 50 Sq.mtrAge: 1983-1990	10 Aug 2018	£132,500	40.96%
	16 Jun 2017	£94,000	First Sale
10 DRAKE CLOSETerraced, FreeholdArea: 39 Sq.mtrAge: 1983-1990	24 Nov 2017	£63,000	0.0
	09 May 2013	£63,000	110.35%
	01 Sep 2000	£29,950	First Sale
9 DRAKE CLOSETerraced, FreeholdArea: 48 Sq.mtrAge: 1983-1990	07 Jul 2017	£74,500	152.54%
	17 Mar 1995	£29,500	First Sale
47 DRAKE CLOSETerraced, Leasehold	02 Jun 2017	£160,000	162.30%
	07 Apr 2000	£61,000	16.19%
	29 Aug 1997	£52,500	First Sale
11 DRAKE CLOSEFlat, LeaseholdArea: 38.878 Sq.mtrAge: 1991-1995	13 Mar 2017	£63,000	1.61%
	12 Aug 2004	£62,000	First Sale
41 DRAKE CLOSESemi-Detached, FreeholdArea: 67.98 Sq.mtrAge: 1967-1975	13 Apr 2016	£122,500	-2.00%
	01 Apr 2016	£125,000	4.17%
	26 Jun 2009	£120,000	140.00%
	05 Jan 1996	£50,000	First Sale
49 DRAKE CLOSETerraced, FreeholdArea: 46 Sq.mtrAge: 1983-1990	18 Dec 2015	£94,000	104.35%
	20 Nov 2001	£46,000	61.40%
	28 Nov 1997	£28,500	First Sale
5 DRAKE CLOSEFlat, LeaseholdArea: 25.254 Sq.mtrAge: 1983-1990	26 Jun 2015	£24,000	77.78%
	23 May 1997	£13,500	First Sale
44 DRAKE CLOSEFlat, LeaseholdArea: 41 Sq.mtrAge: 1976-1982	12 Jun 2014	£54,950	-1.79%
44 DRAKE CLOSEFlat, LeaseholdArea: 41 Sq.mtrAge: 1976-1982	23 Jan 2004	£55,950	First Sale
45 DRAKE CLOSEFlat, Leasehold	02 Nov 2007	£71,000	First Sale
37 DRAKE CLOSETerraced, Freehold	26 Oct 2007	£155,000	162.71%
	01 Sep 1999	£59,000	18.00%
	25 Oct 1995	£50,000	First Sale
30 DRAKE CLOSEFlat, LeaseholdArea: 37 Sq.mtrAge: 1996-2002	18 Jun 2007	£68,000	183.33%
30 DRAKE CLOSEFlat, LeaseholdArea: 37 Sq.mtrAge: 1996-2002	29 Sep 2000	£24,000	First Sale
21 DRAKE CLOSEFlat, LeaseholdArea: 40 Sq.mtrAge: 1983-1990	07 Dec 2006	£59,500	116.36%
	14 Apr 2000	£27,500	0.0
	17 Mar 1995	£27,500	First Sale
50 DRAKE CLOSETerraced, LeaseholdArea: 53 Sq.mtrAge: 2003-2006	29 Aug 2006	£104,000	96.23%
	23 Nov 2001	£53,000	0.0
	23 Nov 2001	£53,000	First Sale
34 DRAKE CLOSETerraced, LeaseholdArea: 82 Sq.mtrAge: 1983-1990	28 Jul 2006	£145,000	First Sale
2 DRAKE CLOSEFlat, LeaseholdArea: 25.09 Sq.mtrAge: 1976-1982	12 Dec 2005	£36,000	71.43%
	28 Oct 1998	£21,000	First Sale
40 DRAKE CLOSESemi-Detached, Leasehold	04 Oct 2004	£189,950	151.59%
40 DRAKE CLOSESemi-Detached, Leasehold	07 Jan 1999	£75,500	First Sale
28 DRAKE CLOSETerraced, Freehold	29 Oct 2003	£78,000	69.75%
28 DRAKE CLOSETerraced, Freehold	05 Sep 2001	£45,950	First Sale
1 DRAKE CLOSEFlat, LeaseholdArea: 25 Sq.mtrAge: 1983-1990	27 Jun 2003	£23,000	First Sale
8 DRAKE CLOSEFlat, LeaseholdArea: 47 Sq.mtrAge: 1983-1990	07 Apr 2003	£58,000	52.63%
	16 Oct 1998	£38,000	11.76%
	12 Jul 1995	£34,000	First Sale
32 DRAKE CLOSESemi-Detached, LeaseholdArea: 77.7 Sq.mtrAge: 1991-1995	12 Jul 2002	£70,500	21.55%
	30 Jul 1999	£58,000	First Sale
39 DRAKE CLOSESemi-Detached, Leasehold	21 Jun 2002	£85,000	First Sale
25 DRAKE CLOSETerraced, Leasehold	03 Oct 2001	£48,000	First Sale
38 DRAKE CLOSETerraced, FreeholdArea: 99 Sq.mtrAge: 1996-2002	15 Mar 2000	£71,000	0.0
	15 Mar 2000	£71,000	First Sale
19 DRAKE CLOSETerraced, LeaseholdArea: 47.708 Sq.mtrAge: 1983-1990	03 Dec 1999	£41,000	First Sale
15 DRAKE CLOSETerraced, LeaseholdArea: 50 Sq.mtrAge: 1983-1990	15 Sep 1997	£30,000	First Sale
7 DRAKE CLOSEFlat, Leasehold	08 Sep 1997	£46,000	First Sale
31 DRAKE CLOSEFlat, LeaseholdArea: 37 Sq.mtrAge: 1983-1990	07 Oct 1996	£21,000	First Sale
14 DRAKE CLOSETerraced, Leasehold	29 Sep 1995	£37,500	First Sale
35 DRAKE CLOSETerraced, Leasehold	26 May 1995	£51,000	First Sale
48 DRAKE CLOSESemi-Detached, Freehold	13 Apr 1995	£51,500	First Sale
20 DRAKE CLOSEFlat, LeaseholdArea: 35 Sq.mtrAge: 1983-1990	23 Jan 1995	£26,000	First Sale

Check out the sold house prices near the NE33 5DE postcode. Properties currently for saleProperties currently for rent

DRAKE CLOSE, NE33 5DE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE33 5DE postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NE33 5DE postcode.

Terraced
- The average price is around £77,117 median price is £67,600 Standard Deviation is £44,932 with Total Sold: 908
- The Last 5 Year average price is £108,044 with Total Sold: 146
- The most recent sale happened at this postcode is , 98 - 100 EGLESFIELD ROAD: £75,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 17 FREDERICK STREET: £41,000 (Sold on 03 Feb 1995)
Flat
- The average price is around £52,152 median price is £50,000 Standard Deviation is £27,414 with Total Sold: 736
- The Last 5 Year average price is £54,184 with Total Sold: 94
- The most recent sale happened at this postcode is , 33 COOK CLOSE: £35,000 (Sold on 10 Sep 2024)
- The first recorded sale happened at this postcode is , 50 EGLESFIELD ROAD: £20,000 (Sold on 12 Jan 1995)
Other
- The average price is around £153,106 median price is £54,500 Standard Deviation is £552,577 with Total Sold: 110
- The Last 5 Year average price is £143,048 with Total Sold: 80
- The most recent sale happened at this postcode is , 33 FREDERICK STREET: £45,000 (Sold on 29 Apr 2024)
- The first recorded sale happened at this postcode is , 21 EGLESFIELD ROAD: £37,000 (Sold on 02 May 2013)
Semi-Detached
- The average price is around £110,356 median price is £122,000 Standard Deviation is £49,280 with Total Sold: 217
- The Last 5 Year average price is £139,247 with Total Sold: 49
- The most recent sale happened at this postcode is , 5 CORNWALLIS SQUARE: £110,000 (Sold on 19 Apr 2024)
- The first recorded sale happened at this postcode is , 289 LAYGATE: £35,000 (Sold on 27 Mar 1995)
Detached
- The average price is around £155,898 median price is £152,495 Standard Deviation is £61,019 with Total Sold: 66
- The Last 5 Year average price is £234,727 with Total Sold: 11
- The most recent sale happened at this postcode is , 19 PALMERSTON STREET: £270,000 (Sold on 03 Nov 2023)
- The first recorded sale happened at this postcode is , 8 MITRE PLACE: £108,522 (Sold on 20 Aug 1996)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£109,708	£1,327	12
2023	£105,800	£1,303	20
2022	£111,406	£1,470	18
2021	£101,519	£1,292	26
2020	£98,800	£1,286	29
2019	£117,852	£1,501	41
2018	£130,256	£1,535	37
2017	£119,077	£1,451	42
2016	£126,061	£1,625	29
2015	£107,866	£1,339	24
2014	£108,388	£1,200	36
2013	£62,407	£835	11
2012	£72,183	£869	18
2011	£72,525	£966	20
2010	£74,609	£1,091	11
2009	£69,195	£861	10
2008	£83,420	£1,109	25
2007	£91,544	£1,320	52
2006	£87,513	£1,364	57
2005	£84,410	£1,290	36
2004	£63,592	£869	37
2003	£52,375	£751	48
2002	£39,038	£632	57
2001	£38,577	£596	41
2000	£33,664	£508	33
1999	£35,112	£497	33
1998	£34,798	£450	30
1997	£36,285	£458	23
1996	£28,053	£393	24
1995	£34,427	£478	28

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£57,889	£939	9
2023	£55,893	£952	19
2022	£56,309	£998	22
2021	£53,132	£750	19
2020	£50,112	£775	19
2019	£51,658	£883	6
2018	£72,343	£1,272	29
2017	£59,366	£1,030	23
2016	£46,067	£653	15
2015	£40,742	£628	19
2014	£47,719	£782	22
2013	£39,547	£667	15
2012	£48,850	£801	10
2011	£48,944	£758	9
2010	£58,550	£995	10
2009	£69,667	£881	9
2008	£66,980	£1,118	22
2007	£73,139	£1,152	52
2006	£71,192	£1,163	45
2005	£81,354	£1,421	84
2004	£62,540	£989	42
2003	£38,242	£650	56
2002	£27,572	£402	38
2001	£25,210	£360	34
2000	£21,833	£476	12
1999	£23,968	£432	11
1998	£23,031	£402	24
1997	£26,366	£436	16
1996	£22,626	£330	17
1995	£25,181	£446	28

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£32,500		2
2023	£496,000	£843	13
2022	£111,725	£1,398	20
2021	£46,672	£606	18
2020	£71,929	£651	14
2019	£65,328	£752	13
2018	£169,368	£794	9
2017	£65,900	£689	5
2016	£85,048	£759	6
2015	£141,000	£1,343	1
2014	£113,938		4
2013	£487,400	£544	5

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£155,000		2
2023	£152,591	£1,782	11
2022	£143,766	£1,757	8
2021	£132,636	£1,651	11
2020	£131,750	£1,540	8
2019	£130,166	£1,563	9
2018	£146,310	£1,524	8
2017	£151,184	£1,625	8
2016	£125,354	£1,545	14
2015	£140,579	£1,529	21
2014	£147,740	£1,451	22
2013	£17,600	£239	5
2012	£129,000	£1,840	1
2011	£110,000	£969	2
2010	£109,617	£1,364	6
2009	£120,000	£1,765	1
2008	£91,500	£1,701	2
2007	£74,773	£1,286	9
2006	£115,833	£1,489	6
2005	£110,000	£1,253	4
2004	£90,469	£987	7
2003	£79,929	£903	7
2002	£83,785	£814	13
2001	£44,067	£702	6
2000	£42,117	£794	3
1999	£45,417	£471	6
1998	£13,000	£213	1
1997	£41,742	£845	6
1996	£34,522	£694	4
1995	£39,075	£448	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£263,374	£2,587	4
2022	£245,000	£2,099	2
2021	£219,125	£2,000	4
2020	£162,000		1
2018	£222,500	£1,799	2
2017	£201,249	£1,996	4
2016	£220,000	£2,340	2
2015	£155,308	£1,616	8
2014	£176,914	£1,746	6
2007	£99,500	£1,077	2
2006	£192,475	£1,908	2
2005	£187,333	£1,889	3
2003	£128,750	£1,309	2
2002	£109,950		1
2001	£100,837	£1,053	15
2000	£91,770	£1,135	5
1998	£25,000		1
1997	£95,000		1
1996	£108,522		1

House Type in NE33 5DE area

The most common house types in the NE33 5DE postcode area are Terraced (74), Semi-detached (40), and Flat (18).

Total	140
Terraced	74
Semi-detached	40
Flat	18
Shared house	6
Detached	2
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (54), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright	54
Owned: Owns with a mortgage or loan	44
Private rented: Private landlord or letting agency	35
Private rented: Other private rented	6
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the NE33 5DE have 1 person in household (73), and 2 people in household (45).

1 person in household	73
2 people in household	45
3 people in household	14
4 people in household	6
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0