5 Morecambe Parade

    5, MORECAMBE PARADE, HEBBURN, NE31 2AH

    This terraced freehold property on Morecambe Parade last sold in March 2020 for £58,000. Based on price growth in the NE31 district since then, its estimated current value is £77,069 — placing it in the 1st percentile nationally and the 6th percentile within NE31. The property covers 83 m² (893 sq ft), giving an estimated value of £929 per m². The EPC rating is A, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    83 m²

    (893 sq ft)

    Last Sale Price

    £58,000

    Mar 2020

    Estimated Valuation

    £77,069

    Est. £/m²

    £929/m²

    £86/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentA
    EPC potentialA
    Floor area83 m² (893 sq ft)
    EPC dateAug 2018
    WallsCavity wall, filled cavity
    HeatingWarm air, mains gas

    Transaction History

    11 Mar 2020

    £58,000

    Key Metrics

    Estimated valuation£77,069
    Value per m² / sq ft£929/m² (£86/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile6th 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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