8 Wear Road

    8, WEAR ROAD, HEBBURN, NE31 2DB

    This semi-detached freehold property on Wear Road last sold in June 2019 for £123,500. Based on price growth in the NE31 district since then, its estimated current value is £168,069 — placing it in the 16th percentile nationally and the 46th percentile within NE31. The property covers 89 m² (958 sq ft), giving an estimated value of £1,888 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    89 m²

    (958 sq ft)

    Last Sale Price

    £123,500

    Jun 2019

    Estimated Valuation

    £168,069

    Est. £/m²

    £1,888/m²

    £175/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area89 m² (958 sq ft)
    EPC dateNov 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Jun 2019

    £123,500

    5 Apr 2013

    £92,000

    27 Sept 2002

    £49,500

    Key Metrics

    Estimated valuation£168,069
    Value per m² / sq ft£1,888/m² (£175/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile46th percentile
    National percentile16th 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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