8 Penrose Place

    8, PENROSE PLACE, HEBBURN, NE31 2AY

    This terraced freehold property on Penrose Place last sold in February 2021 for £165,000. Based on price growth in the NE31 district since then, its estimated current value is £189,081 — placing it in the 22nd percentile nationally and the 55th percentile within NE31. The property covers 77 m² (829 sq ft), giving an estimated value of £2,456 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    77 m²

    (829 sq ft)

    Last Sale Price

    £165,000

    Feb 2021

    Estimated Valuation

    £189,081

    Est. £/m²

    £2,456/m²

    £228/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area77 m² (829 sq ft)
    EPC dateJun 2016
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Feb 2021

    £165,000

    24 Jun 2016

    New build

    £167,995

    Key Metrics

    Estimated valuation£189,081
    Value per m² / sq ft£2,456/m² (£228/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile55th percentile
    National percentile22nd 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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