3 Rede Avenue

    3, REDE AVENUE, HEBBURN, NE31 1QT

    This terraced freehold property on Rede Avenue last sold in July 2020 for £87,500. Based on price growth in the NE31 district since then, its estimated current value is £116,269 — placing it in the 6th percentile nationally and the 23rd percentile within NE31. The property covers 95 m² (1,023 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

    95 m²

    (1,023 sq ft)

    Last Sale Price

    £87,500

    Jul 2020

    Estimated Valuation

    £116,269

    Est. £/m²

    £1,224/m²

    £114/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area95 m² (1,023 sq ft)
    EPC dateAug 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jul 2020

    £87,500

    Key Metrics

    Estimated valuation£116,269
    Value per m² / sq ft£1,224/m² (£114/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile23rd percentile
    National percentile6th 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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