7 Rede Avenue

    7, REDE AVENUE, HEBBURN, HEBBURN, NE31 1QT

    This terraced freehold property on Rede Avenue last sold in July 2005 for £89,000. Based on price growth in the NE31 district since then, its estimated current value is £150,726 — placing it in the 13th percentile nationally and the 39th percentile within NE31. The property covers 95 m² (1,023 sq ft), giving an estimated value of £1,587 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    95 m²

    (1,023 sq ft)

    Last Sale Price

    £89,000

    Jul 2005

    Estimated Valuation

    £150,726

    Est. £/m²

    £1,587/m²

    £147/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area95 m² (1,023 sq ft)
    EPC dateJan 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jul 2005

    £89,000

    12 Dec 2003

    £69,950

    31 Aug 2001

    £42,500

    24 Aug 1999

    £11,500

    Key Metrics

    Estimated valuation£150,726
    Value per m² / sq ft£1,587/m² (£147/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile39th percentile
    National percentile13th 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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