41 The Cornfields

    41, THE CORNFIELDS, HEBBURN, NE31 1YJ

    This terraced leasehold property on The Cornfields last sold in November 2014 for £100,000. Based on price growth in the NE31 district since then, its estimated current value is £156,829 — placing it in the 14th percentile nationally and the 41st percentile within NE31. The property covers 58 m² (624 sq ft), giving an estimated value of £2,704 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    58 m²

    (624 sq ft)

    Last Sale Price

    £100,000

    Nov 2014

    Estimated Valuation

    £156,829

    Est. £/m²

    £2,704/m²

    £251/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area58 m² (624 sq ft)
    EPC dateOct 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Nov 2014

    £100,000

    12 Sept 2005

    £104,950

    5 Sept 2003

    £79,950

    13 Feb 1998

    £42,500

    Key Metrics

    Estimated valuation£156,829
    Value per m² / sq ft£2,704/m² (£251/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile41st percentile
    National percentile14th 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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