51 Olwen Drive

    51, OLWEN DRIVE, HEBBURN, HEBBURN, NE31 1AR

    This flat/maisonette leasehold property on Olwen Drive last sold in August 2007 for £122,000. Based on price growth in the NE31 district since then, its estimated current value is £115,479 — placing it in the 6th percentile nationally and the 23rd percentile within NE31. The property covers 64 m² (689 sq ft), giving an estimated value of £1,804 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    64 m²

    (689 sq ft)

    Last Sale Price

    £122,000

    Aug 2007

    Estimated Valuation

    £115,479

    Est. £/m²

    £1,804/m²

    £168/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area64 m² (689 sq ft)
    EPC dateAug 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    15 Aug 2007

    New build

    £122,000

    Key Metrics

    Estimated valuation£115,479
    Value per m² / sq ft£1,804/m² (£168/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile23rd percentile
    National percentile6th 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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