6 Olwen Drive

    6, OLWEN DRIVE, HEBBURN, NE31 1AR

    This flat/maisonette leasehold property on Olwen Drive last sold in March 2022 for £74,000. Based on price growth in the NE31 district since then, its estimated current value is £87,241 — placing it in the 2nd percentile nationally and the 10th percentile within NE31. The property covers 58 m² (624 sq ft), giving an estimated value of £1,504 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    58 m²

    (624 sq ft)

    Last Sale Price

    £74,000

    Mar 2022

    Estimated Valuation

    £87,241

    Est. £/m²

    £1,504/m²

    £140/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area58 m² (624 sq ft)
    EPC dateOct 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    7 Mar 2022

    £74,000

    26 Jun 2015

    £72,000

    27 Jun 2008

    New build

    £123,494

    Key Metrics

    Estimated valuation£87,241
    Value per m² / sq ft£1,504/m² (£140/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile10th percentile
    National percentile2nd 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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