261 Victoria Road East

    261, VICTORIA ROAD EAST, HEBBURN, NE31 1YE

    This terraced freehold property on Victoria Road East last sold in December 2021 for £60,000. Based on price growth in the NE31 district since then, its estimated current value is £68,757 — placing it in the 1st percentile nationally and the 4th percentile within NE31. The property covers 67 m² (721 sq ft), giving an estimated value of £1,026 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    67 m²

    (721 sq ft)

    Last Sale Price

    £60,000

    Dec 2021

    Estimated Valuation

    £68,757

    Est. £/m²

    £1,026/m²

    £95/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area67 m² (721 sq ft)
    EPC dateMar 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Dec 2021

    £60,000

    Key Metrics

    Estimated valuation£68,757
    Value per m² / sq ft£1,026/m² (£95/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile4th 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

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