42 Olwen Drive

    42, OLWEN DRIVE, HEBBURN, NE31 1AR

    This detached freehold property on Olwen Drive last sold in November 2015 for £169,950. Based on price growth in the NE31 district since then, its estimated current value is £240,903 — placing it in the 35th percentile nationally and the 73rd percentile within NE31. The property covers 94 m² (1,012 sq ft), giving an estimated value of £2,563 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    94 m²

    (1,012 sq ft)

    Last Sale Price

    £169,950

    Nov 2015

    Estimated Valuation

    £240,903

    Est. £/m²

    £2,563/m²

    £238/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area94 m² (1,012 sq ft)
    EPC dateSept 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Nov 2015

    £169,950

    19 Dec 2007

    £185,495

    Key Metrics

    Estimated valuation£240,903
    Value per m² / sq ft£2,563/m² (£238/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile73rd percentile
    National percentile35th percentile

    District Context — NE31

    NE31 covers South Shields and surrounding areas in South Tyneside, on the south bank of the River Tyne in North East England. It is a traditional coastal and former industrial community with a mix of terraced housing, modern developments, and seafront amenities.

    Average Property Price - NE31

    £190,157

    10

    National percentile

    Average Net Household Income - NE31

    £33,631

    23

    National percentile

    10-Year Annualised Price Growth - NE31

    3.4%

    41

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE31

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