17 May Close

    17, MAY CLOSE, HEBBURN, NE31 1FD

    This flat/maisonette leasehold property on May Close last sold in October 2022 for £80,000. Based on price growth in the NE31 district since then, its estimated current value is £94,314 — placing it in the 3rd percentile nationally and the 13th percentile within NE31. The property covers 70 m² (753 sq ft), giving an estimated value of £1,347 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    70 m²

    (753 sq ft)

    Last Sale Price

    £80,000

    Oct 2022

    Estimated Valuation

    £94,314

    Est. £/m²

    £1,347/m²

    £125/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area70 m² (753 sq ft)
    EPC dateNov 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Oct 2022

    £80,000

    28 Jun 2013

    New build

    £75,000

    Key Metrics

    Estimated valuation£94,314
    Value per m² / sq ft£1,347/m² (£125/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile13th percentile
    National percentile3rd 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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