40 Vimy Avenue

    40, VIMY AVENUE, HEBBURN, NE31 1QR

    This flat/maisonette leasehold property on Vimy Avenue last sold in August 2024 for £55,000. Based on price growth in the NE31 district since then, its estimated current value is £65,092 — placing it in the 1st percentile nationally and the 3rd percentile within NE31. The property covers 67 m² (721 sq ft), giving an estimated value of £972 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    67 m²

    (721 sq ft)

    Last Sale Price

    £55,000

    Aug 2024

    Estimated Valuation

    £65,092

    Est. £/m²

    £972/m²

    £90/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area67 m² (721 sq ft)
    EPC dateDec 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Aug 2024

    £55,000

    23 Oct 2013

    £60,000

    18 Jun 2004

    £70,500

    23 Dec 2003

    £43,950

    5 Jul 2002

    £27,500

    9 Feb 1998

    £22,000

    15 Jun 1995

    £28,000

    Key Metrics

    Estimated valuation£65,092
    Value per m² / sq ft£972/m² (£90/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile3rd percentile
    National percentile1st 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

    More properties in NE31

    Explore nearby