41 St Michaels Vale

    41, ST MICHAELS VALE, HEBBURN, NE31 1RL

    This flat/maisonette leasehold property on St Michaels Vale last sold in August 2019 for £65,000. Based on price growth in the NE31 district since then, its estimated current value is £84,460 — placing it in the 2nd percentile nationally and the 9th percentile within NE31. The property covers 57 m² (614 sq ft), giving an estimated value of £1,482 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    57 m²

    (614 sq ft)

    Last Sale Price

    £65,000

    Aug 2019

    Estimated Valuation

    £84,460

    Est. £/m²

    £1,482/m²

    £138/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area57 m² (614 sq ft)
    EPC dateFeb 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Aug 2019

    £65,000

    6 Nov 2006

    New build

    £114,950

    Key Metrics

    Estimated valuation£84,460
    Value per m² / sq ft£1,482/m² (£138/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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