2 May Close

    2, MAY CLOSE, HEBBURN, NE31 1FD

    This flat/maisonette leasehold property on May Close last sold in March 2025 for £85,000. Based on price growth in the NE31 district since then, its estimated current value is £85,000 — placing it in the 2nd percentile nationally and the 9th percentile within NE31. The property covers 68 m² (732 sq ft), giving an estimated value of £1,250 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    68 m²

    (732 sq ft)

    Last Sale Price

    £85,000

    Mar 2025

    Estimated Valuation

    £85,000

    Est. £/m²

    £1,250/m²

    £116/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area68 m² (732 sq ft)
    EPC dateMay 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Mar 2025

    £85,000

    10 Jul 2007

    New build

    £108,375

    Key Metrics

    Estimated valuation£85,000
    Value per m² / sq ft£1,250/m² (£116/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile9th 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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