Property sale values range from £153,744 for a freehold house, with 3 bedrooms split across 764 square feet of gross internal area and has a garden to £197,674 for a freehold house, with 4 bedrooms split across 1,119 square feet of gross internal area and has a garden.

Average £/ft² for properties in Palace Close, South Shields, NE33 is £180/ft².

Properties achieve a rental yield of between 5.6% and 6.3%, and rental values range from £808 to £938 per month.

Sale value change

12 months

1.6%

Rental value change

12 months

9.2%

Recent sales

within Palace Close, South Shields, NE33

The last sale was 10 Apr 2024 for £200,000 and since then the market in the area has increased by 0.4%. The street has had a total of 4 sales since 1995.

Palace Close, South Shields, NE33 has seen 4 sales in the last three years and 2 sales in the last twelve months.

21, Palace Close, South Shields, NE33 5EQ

£200,000

Apr-2024

Sold

Apr-2024

4, Palace Close, South Shields, NE33 5EQ

£190,000

Nov-2023

Sold

Nov-2023

3, Palace Close, South Shields, NE33 5EQ

£147,500

Aug-2022

Sold

Aug-2022

15, Palace Close, South Shields, NE33 5EQ

£155,000

Aug-2022

Sold

Aug-2022

Nearby Streets

to Palace Close, South Shields, NE33

Palace Close, South Shields, NE33 is the 549th largest and the 695th most expensive street in the NE33 area.

metres

Garden Gate Drive, South Shields, NE33

41 Addresses

metres

Eldon Street, South Shields, NE33

26 Addresses

metres

Havelock Street, South Shields, NE33

5 Addresses

metres

Frederick Street, South Shields, NE33

45 Addresses

metres

Walpole Street, South Shields, NE33

2 Addresses

metres

Plessey Walk, South Shields, NE33

36 Addresses

Postcodes

on Palace Close, South Shields, NE33

There is 1 postcode on Palace Close, South Shields, NE33.

House prices in NE33 5EQ

36 Addresses

Property types

in Palace Close, South Shields, NE33

Palace Close, South Shields, NE33 is a residential street located in NE33 containing 36 houses.

The most common property type on Palace Close, South Shields, NE33 is a modern house built after 1980.

modern house (36)

Energy Efficiency

of properties within Palace Close, South Shields, NE33

The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.

A (0)

E (0)

B (36)

F (0)

C (0)

G (0)

D (0)

No EPC (0)

Schools nearby

to Palace Close, South Shields, NE33

The nearest primary school to Palace Close, South Shields, NE33 is Laygate Community School which is 500 metres away and is rated Good by Ofsted.

500 m

Laygate Community School

Good

700 m

St Bede's Catholic Primary School, South Shields

Outstanding

1.2 km

Stanhope Primary School

Good

The nearest secondary school is Mortimer Community College which is 1.2 kilometres away and is rated Good by Ofsted.

1.2 km

Mortimer Community College

Good

1.7 km

St Wilfrid's RC College

Outstanding

2.5 km

Harton Academy

Good

Source: Ofsted (2016)

Public transport nearby

to Palace Close, South Shields, NE33

The closest station to Palace Close, South Shields, NE33 is Northumberland Park (Tyne & Wear) station which is 7.1 kilometres away.

7.1 km

Northumberland Park (Tyne & Wear)

8.5 km

Heworth

10.0 km

Sunderland

Risk of flooding

for Palace Close, South Shields, NE33

According to data from the Environment Agency, the flood risk in this area is considered to be very low.

Very low

High

Source: Environment Agency (2024)

Home ownership nearby

around Palace Close, South Shields, NE33

The recent census recorded whether a resident owned or rented their home.

In the area around Palace Close, South Shields, NE33, 35.8% of property is privately rented and 28.3% is socially rented.

The graph below shows how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

Education levels in the area

around Palace Close, South Shields, NE33

The recent census recorded the highest level of education achieved by residents in the local area.

In the area around Palace Close, South Shields, NE33, 22.8% of residents are recorded as possessing school level qualifications and 23.8% as possessing degree level qualifications.

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Average age of residents

around Palace Close, South Shields, NE33

Average age

The most recent census in 2021 recorded the age of all UK residents.

In the area around Palace Close, South Shields, NE33, the average age was 40.6 and the most common age was 32.

This area:

North East:

England & Wales:

Age distribution

The graph below shows how this compares to North East and the rest of England & Wales

Source: ONS Census (2021)

Number of second homes

around Palace Close, South Shields, NE33

The recent census recorded whether a property was a primary or secondary home for the resident.

In the area around Palace Close, South Shields, NE33, 0.0% of property was a second home.

Comparison figures for North East and the rest of England & Wales are listed below.

Source: ONS Census (2021)

Average cars per home

around Palace Close, South Shields, NE33

The recent census recorded the number of cars registered in each household.

In the area around Palace Close, South Shields, NE33, there are an average of 0.6 cars per household.

See below for how this compares to North East and the rest of England & Wales.

Source: ONS Census (2021)

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Risk of flooding

for Palace Close, South Shields, NE33

According to data from the Environment Agency, the flood risk in this area is considered to be very low.

Very low

High

Source: Environment Agency (2024)

Home ownership nearby

around Palace Close, South Shields, NE33

The recent census recorded whether a resident owned or rented their home.

In the area around Palace Close, South Shields, NE33, 35.8% of property is privately rented and 28.3% is socially rented.

The graph below shows how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

Education levels in the area

around Palace Close, South Shields, NE33

The recent census recorded the highest level of education achieved by residents in the local area.

In the area around Palace Close, South Shields, NE33, 22.8% of residents are recorded as possessing school level qualifications and 23.8% as possessing degree level qualifications.

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Average age of residents

around Palace Close, South Shields, NE33

Average age

The most recent census in 2021 recorded the age of all UK residents.

In the area around Palace Close, South Shields, NE33, the average age was 40.6 and the most common age was 32.

This area:

North East:

England & Wales:

Age distribution

The graph below shows how this compares to North East and the rest of England & Wales

Source: ONS Census (2021)

Number of second homes

around Palace Close, South Shields, NE33

The recent census recorded whether a property was a primary or secondary home for the resident.

In the area around Palace Close, South Shields, NE33, 0.0% of property was a second home.

Comparison figures for North East and the rest of England & Wales are listed below.

Source: ONS Census (2021)

Average cars per home

around Palace Close, South Shields, NE33

The recent census recorded the number of cars registered in each household.

In the area around Palace Close, South Shields, NE33, there are an average of 0.6 cars per household.

See below for how this compares to North East and the rest of England & Wales.

Source: ONS Census (2021)