5 Mill Lane

    5, MILL LANE, HEBBURN, NE31 2EW

    This detached freehold property on Mill Lane last sold in January 2022 for £235,000. Based on price growth in the NE31 district since then, its estimated current value is £248,117 — placing it in the 37th percentile nationally and the 75th percentile within NE31. The property covers 86 m² (926 sq ft), giving an estimated value of £2,885 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    86 m²

    (926 sq ft)

    Last Sale Price

    £235,000

    Jan 2022

    Estimated Valuation

    £248,117

    Est. £/m²

    £2,885/m²

    £268/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area86 m² (926 sq ft)
    EPC dateDec 2016
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Jan 2022

    £235,000

    19 Dec 2016

    New build

    £194,995

    Key Metrics

    Estimated valuation£248,117
    Value per m² / sq ft£2,885/m² (£268/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile75th percentile
    National percentile37th 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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