2 Mill Crescent

    2, MILL CRESCENT, HEBBURN, NE31 1UQ

    This detached freehold property on Mill Crescent last sold in March 2021 for £220,000. Based on price growth in the NE31 district since then, its estimated current value is £240,536 — placing it in the 35th percentile nationally and the 72nd percentile within NE31. The property covers 115 m² (1,238 sq ft), giving an estimated value of £2,092 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    115 m²

    (1,238 sq ft)

    Last Sale Price

    £220,000

    Mar 2021

    Estimated Valuation

    £240,536

    Est. £/m²

    £2,092/m²

    £194/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area115 m² (1,238 sq ft)
    EPC dateAug 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Mar 2021

    £220,000

    Key Metrics

    Estimated valuation£240,536
    Value per m² / sq ft£2,092/m² (£194/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile72nd percentile
    National percentile35th 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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