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8 Hedworth Lane is a residential building situated on Hedworth Lane, Boldon Colliery, NE35 with 2 addresses.
It ranks as the 97th largest and 69th most expensive of the 142 buildings in the NE35 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
8 Hedworth Lane is a residential building situated on Hedworth Lane, Boldon Colliery, NE35 with 2 addresses.
It ranks as the 97th largest and 69th most expensive of the 142 buildings in the NE35 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £89,010 for 2 bedroom leasehold flats (656 ft2) to £100,667 for 2 bedroom leasehold flats with a garden (742 ft2) .
Monthly rental prices range from £685 pcm for 2 bed flats to £773 pcm for 2 bed flats.
The gross rental yield is between 9.2% and 9.2%.
The average value per square foot is £135.
The last sale in 8 Hedworth Lane sold for £70,000 on 2nd December 2019. Since then prices are up an average of 17.9%.
The current average value in the building is £94,838.
The 8 Hedworth Lane Sales Market has increased by 18.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.3% | £94,838 |
| May 2025 | 2.4% | £95,161 |
| May 2024 | 4.1% | £92,918 |
| May 2023 | -1.4% | £89,236 |
| May 2022 | 6.1% | £90,522 |
| May 2021 | 4.7% | £85,321 |
| May 2020 | 2.8% | £81,485 |
| May 2019 | -1% | £79,291 |
| May 2018 | 1.4% | £80,128 |
| May 2017 | -1.1% | £78,999 |
| May 2016 | 0.3% | £79,849 |
| May 2015 | 0.5% | £79,647 |
| May 2014 | 1.7% | £79,216 |
| May 2013 | 0.7% | £77,911 |
| May 2012 | -4.9% | £77,402 |
| May 2011 | -0.7% | £81,362 |
| May 2010 | 0% | £81,972 |
| May 2009 | -12.9% | £81,978 |
| May 2008 | -3.1% | £94,153 |
| May 2007 | 0% | £97,143 |
The current average rental value in the building is £729.
The 8 Hedworth Lane Rental Market has increased by 35.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.3% | £729pcm |
| May 2025 | 2.3% | £713pcm |
| May 2024 | 9.9% | £697pcm |
| May 2023 | 9.2% | £634pcm |
| May 2022 | 8.5% | £580pcm |
| May 2021 | 2.8% | £535pcm |
| May 2020 | 0.7% | £520pcm |
| May 2019 | -1% | £516pcm |
| May 2018 | -1.7% | £522pcm |
| May 2017 | -1.6% | £531pcm |
| May 2016 | 0.3% | £539pcm |
| May 2015 | -0.2% | £537pcm |
| May 2014 | -0.3% | £538pcm |
| May 2013 | -0.6% | £540pcm |
| May 2012 | -0.5% | £544pcm |
| May 2011 | 0.5% | £546pcm |
| May 2010 | -1.7% | £544pcm |
| May 2009 | -5.6% | £553pcm |
| May 2008 | 2.5% | £586pcm |
| May 2007 | 0% | £572pcm |
The last sale was on 2nd December 2019 for £70,000 and since then the market in the area has increased by 17.9%. The building has had a total of 4 sales since 1995.
8, Hedworth Lane, Boldon Colliery, NE35 9HS has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 8, Hedworth Lane, Boldon Colliery, NE35 9HS is Heworth station which is 5.8 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Hedworth Lane, Boldon Colliery, NE35 9HS, 43.4% of property is privately owned outright and 32.2% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8, Hedworth Lane, Boldon Colliery, NE35 9HS, 15.4% of residents are recorded as possessing school level qualifications and 23.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, Hedworth Lane, Boldon Colliery, NE35 9HS, the average age was 42.7 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8, Hedworth Lane, Boldon Colliery, NE35 9HS, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8, Hedworth Lane, Boldon Colliery, NE35 9HS, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.