55 Red House Road

    55, RED HOUSE ROAD, HEBBURN, NE31 2XF

    This flat/maisonette freehold property on Red House Road last sold in March 2017 for £50,000. Based on price growth in the NE31 district since then, its estimated current value is £70,294 — placing it in the 1st percentile nationally and the 4th percentile within NE31. The property covers 71 m² (764 sq ft), giving an estimated value of £990 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    71 m²

    (764 sq ft)

    Last Sale Price

    £50,000

    Mar 2017

    Estimated Valuation

    £70,294

    Est. £/m²

    £990/m²

    £92/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area71 m² (764 sq ft)
    EPC dateJul 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Mar 2017

    £50,000

    5 Feb 1999

    £26,500

    Key Metrics

    Estimated valuation£70,294
    Value per m² / sq ft£990/m² (£92/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile4th 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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