11, Palmer Crescent
11, Palmer Crescent
Description & Estimates
11, Palmer Crescent, Hebburn is recorded publicly as a mid-century leasehold apartment across 635 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 11, Palmer Crescent, Hebburn is £44,354 and its rental estimate is £320 per month, given the available information and assuming reasonable condition.
Palmer Crescent, Hebburn, NE31 falls within the NE31 postal district, in the borough of South Tyneside.
Our Data Sources
11, Palmer Crescent, Hebburn has a single entry in the Land Registry from November 2007 and a single entry in the EPC database dated January 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 11, Palmer Crescent, Hebburn, we estimate a market value of £46,571 and a rental value of £336 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £41,249 and £297 per month respectively.
Recent Market Change
Over the last year, 11, Palmer Crescent, Hebburn has seen its estimated sale value move down by £25 (0.1%) and its estimated rental value increase by £6 per month (1.9%). This results in an estimated gross rental yield of 8.6%.
Energy Efficiency
11, Palmer Crescent, Hebburn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jan 2017.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 11, Palmer Crescent, Hebburn completed on 26th November 2007 at £40,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 12.6% over the period since November 2007.
- Sold Nov 2007£40,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 11, Palmer Crescent, Hebburn have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th February 2024, was 82, Frobisher Street, Hebburn, NE31 2XE, a leasehold flat which sold for £39,000.
Read more about house prices in NE31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 48 addresses on Palmer Crescent, Hebburn, NE31, 11, Palmer Crescent, Hebburn comes out as the 33rd largest and the 41st most expensive in our analysis of the public data.
It is also £108k less expensive than the average property across the NE31 district.
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Schools Nearby
- 600mHebburn Lakes Primary School
- 700mSt Oswald's CofE Aided Primary School
- 900mSt James' Catholic Primary School, Hebburn
- 900mHebburn Comprehensive School
- 1.0kmJarrow School
- 2.0kmSt Joseph's Catholic Academy
More reading links
Public Transport Nearby
From 11, Palmer Crescent, Hebburn, the nearest station is Heworth, 4.1 kilometres away.
- 4.1kmHeworth
- 6.4kmManors
- 6.6kmNorthumberland Park (Tyne & Wear)
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
