16 Parliament Street

    16, PARLIAMENT STREET, HEBBURN, NE31 1ED

    This terraced freehold property on Parliament Street last sold in March 2024 for £55,000. Based on price growth in the NE31 district since then, its estimated current value is £57,535 — placing it in the 0th percentile nationally and the 2nd percentile within NE31. The property covers 47 m² (506 sq ft), giving an estimated value of £1,224 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    47 m²

    (506 sq ft)

    Last Sale Price

    £55,000

    Mar 2024

    Estimated Valuation

    £57,535

    Est. £/m²

    £1,224/m²

    £114/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area47 m² (506 sq ft)
    EPC dateJun 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Mar 2024

    £55,000

    Key Metrics

    Estimated valuation£57,535
    Value per m² / sq ft£1,224/m² (£114/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile2nd percentile
    National percentile0th 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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