8 Park Road

    8, PARK ROAD, HEBBURN, NE31 2UL

    This terraced freehold property on Park Road last sold in September 2024 for £205,000. Based on price growth in the NE31 district since then, its estimated current value is £214,447 — placing it in the 28th percentile nationally and the 64th percentile within NE31. The property covers 166 m² (1,787 sq ft), giving an estimated value of £1,292 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    166 m²

    (1,787 sq ft)

    Last Sale Price

    £205,000

    Sept 2024

    Estimated Valuation

    £214,447

    Est. £/m²

    £1,292/m²

    £120/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area166 m² (1,787 sq ft)
    EPC dateJan 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Sept 2024

    £205,000

    Key Metrics

    Estimated valuation£214,447
    Value per m² / sq ft£1,292/m² (£120/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile64th percentile
    National percentile28th 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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