Olwen Drive - NE31 1AR
Key Street Insights
Olwen Drive is a residential street with 54 addresses.
It ranks as the 577th largest and 566th most expensive of the 698 streets in the NE31 area. The most common property type is a modern flat built after 1980.
The street contains a total of 54 properties: 30 houses, 23 flats and 1 other property.
- Ave. Sale Price
- £152,485
- 10 Year change
- up 26.7%
- Ave. Rental Price
- £874pcm
- 10 Year change
- up 52.3%
- Ave. £ per ft²
- £183/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Street Insights
Olwen Drive is a residential street with 54 addresses.
It ranks as the 577th largest and 566th most expensive of the 698 streets in the NE31 area. The most common property type is a modern flat built after 1980.
The street contains a total of 54 properties: 30 houses, 23 flats and 1 other property.
- Ave. Sale Price
- £152,485
- 10 Year change
- up 26.7%
- Ave. Rental Price
- £874pcm
- 10 Year change
- up 52.3%
- Ave. £ per ft²
- £183/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Properties on Olwen Drive, Hebburn, NE31
- 1 Olwen Drive
3 Bed Modern Flat
- 2 Olwen Drive
2 Bed Modern Flat
- 3 Olwen Drive
3 Bed Modern Flat
- 4 Olwen Drive
2 Bed Modern Flat
- 5 Olwen Drive
2 Bed Modern Flat
Sales Market Trends
The last sale on Olwen Drive sold for £215,000 on 11th October 2024. Since then prices are up an average of 2.6%.
The current average value in the street is £152,485.
The Olwen Drive Sales Market has increased by 26.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 0.9% | £152,485 |
| July 2025 | 2.1% | £151,076 |
| July 2024 | 3.6% | £147,978 |
| July 2023 | 0.2% | £142,785 |
| July 2022 | 8.6% | £142,569 |
| July 2021 | 2% | £131,239 |
| July 2020 | 5.8% | £128,703 |
| July 2019 | -0.3% | £121,701 |
| July 2018 | 0.7% | £122,090 |
| July 2017 | 0.7% | £121,247 |
| July 2016 | 2.5% | £120,387 |
| July 2015 | 0.3% | £117,443 |
| July 2014 | 3.2% | £117,056 |
| July 2013 | 2.3% | £113,372 |
| July 2012 | -4.7% | £110,819 |
| July 2011 | -1.4% | £116,302 |
| July 2010 | 3.4% | £117,931 |
| July 2009 | -11.5% | £114,104 |
| July 2008 | -3.8% | £128,922 |
| July 2007 | 0% | £133,976 |
Rental Market Trends
The current average rental value in the street is £874.
The Olwen Drive Rental Market has increased by 52.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 4.1% | £874pcm |
| July 2025 | 2.7% | £839pcm |
| July 2024 | 10.3% | £817pcm |
| July 2023 | 10.1% | £741pcm |
| July 2022 | 9.2% | £673pcm |
| July 2021 | 5.1% | £616pcm |
| July 2020 | 3.5% | £586pcm |
| July 2019 | -0.6% | £566pcm |
| July 2018 | -0.5% | £570pcm |
| July 2017 | -0.2% | £573pcm |
| July 2016 | 0.8% | £574pcm |
| July 2015 | 1.2% | £569pcm |
| July 2014 | 0.5% | £562pcm |
| July 2013 | 1.1% | £560pcm |
| July 2012 | 0.5% | £554pcm |
| July 2011 | 1.7% | £551pcm |
| July 2010 | 2.6% | £542pcm |
| July 2009 | -5.1% | £528pcm |
| July 2008 | 3% | £557pcm |
| July 2007 | 0% | £540pcm |
Sales History
The last recorded sale was on 11th October 2024 for £215,000 and since then the market in the area has increased by 2.6%.
Olwen Drive, Hebburn, NE31 has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Oct 2024£215,000 | 4 Bed House12, Olwen Drive, Hebburn, NE31 1AR12, Olwen Drive, Hebburn, NE31 1AR
- Sold Jun 2023£78,000 | 2 Bed Flat50, Olwen Drive, Hebburn, NE31 1AR50, Olwen Drive, Hebburn, NE31 1AR
- Sold Jan 2023£160,000 | 4 Bed House25, Olwen Drive, Hebburn, NE31 1AR25, Olwen Drive, Hebburn, NE31 1AR
Top 3 Most Expensive Sales
- Sold Nov 2016£235,000 | 4 Bed House18, Olwen Drive, Hebburn, NE31 1AR18, Olwen Drive, Hebburn, NE31 1AR
- Sold Dec 2007£223,060 | 4 Bed House21, Olwen Drive, Hebburn, NE31 1AR21, Olwen Drive, Hebburn, NE31 1AR
- Sold Sep 2016£217,000 | 3 Bed House39, Olwen Drive, Hebburn, NE31 1AR39, Olwen Drive, Hebburn, NE31 1AR
Nearby Streets
Olwen Drive, Hebburn, NE31 is the 577th largest and the 566th most expensive street in the NE31 area.
- Bicester Grove, Hebburn, NE3134 Addresses|77 m away
- Tidespring Row, Hebburn, NE3127 Addresses|78 m away
- Cressida Gardens, Hebburn, NE3120 Addresses|147 m away
- Holystone Trading Estate, Hebburn, NE313 Addresses|158 m away
- Lycaon Gardens, Hebburn, NE3118 Addresses|171 m away
- Caledonian Street, Hebburn, NE3115 Addresses|192 m away
Property Types
- 18 modern houses built after 1980
- 22 modern flats built after 1980
- 12 houses of an unknown age
- 1 flat of an unknown age
- 1 other address of unknown type
- modern house (18)
- modern flat (22)
- house (12)
- flat (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 40 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (3)
- F (0)
- C (31)
- G (0)
- D (6)
- No EPC (14)
Schools Nearby
- St Aloysius Catholic Infant School, Hebburn100 m away
- St Aloysius Catholic Junior School Academy100 m away
- St Oswald's CofE Aided Primary School1.0 km away
- Hebburn Comprehensive School1.3 km away
- Walker Riverside Academy1.8 km away
- Burnside College1.8 km away
More reading links
Public Transport Nearby
The closest station to Olwen Drive, Hebburn, NE31 - NE31 1AR is Heworth station, which is 3.9 kilometres away.
- Heworth|3.9 km away
- Manors|5.6 km away
- Northumberland Park (Tyne & Wear)|6.1 km away
