15, Rede Avenue
15, Rede Avenue
Description & Estimates
The public record lists 15, Rede Avenue, Hebburn as a freehold house sitting on a 114 m2 plot.
Comparison with its neighbours suggests a period house with 789 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
15, Rede Avenue, Hebburn has an estimated sale value of £103,982 and an estimated rental value of £640 per month, assuming reasonable condition and based on the information available.
Rede Avenue, Hebburn, NE31 lies in the borough of South Tyneside, within the NE31 postal district.
Our Data Sources
15, Rede Avenue, Hebburn has 31 entries in the Land Registry , most recently in August 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 15, Rede Avenue, Hebburn would be worth £109,181, with a potential rental value of £672 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £96,703, with a rental value of £595 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 15, Rede Avenue, Hebburn has grown by £1,767 (1.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £23 (3.7%). The property's estimated gross yield is currently 7.4%.
Plot Size
15, Rede Avenue, Hebburn occupies a 114 m2 plot as recorded by HM Land Registry.
Of the 26 other houses in this postcode, 24 have recorded plot sizes, and this one ranks as the 14th largest.
Sold Prices
15, Rede Avenue, Hebburn last changed hands on 9th August 2013, selling for £75,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 27.4% since August 2013.
- Sold Aug 2013£75,000
- Sold May 2003£61,950
- Sold Dec 1995£30,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of 15, Rede Avenue, Hebburn across the last 2 years.
Most recently, 48, Aln Street, Hebburn, NE31 1XS, a freehold house, sold at £95,000 on the 24th July 2024.
Read more about house prices in NE31.
- Sold Jul 2024£95,000 | 3 Bed House48, Aln Street, Hebburn, NE31 1XS48, Aln Street, Hebburn, NE31 1XS
- Sold Mar 2024£64,000 | 3 Bed House17, Tweed Street, Hebburn, NE31 1XP17, Tweed Street, Hebburn, NE31 1XP
- Sold Aug 2022£115,000 | 3 Bed House18, Mons Avenue, Hebburn, NE31 1QL18, Mons Avenue, Hebburn, NE31 1QL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 15, Rede Avenue, Hebburn as the 24th largest and the 24th most expensive of the 26 addresses on Rede Avenue, Hebburn, NE31.
Against the NE31 postcode district average, it is £49k less expensive than the typical property.
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Schools Nearby
- 500mSt Aloysius Catholic Infant School, Hebburn
- 500mSt Aloysius Catholic Junior School Academy
- 900mHebburn Lakes Primary School
- 900mHebburn Comprehensive School
- 1.7kmSt Joseph's Catholic Academy
- 1.8kmJarrow School
More reading links
Public Transport Nearby
Heworth station is the nearest stop to 15, Rede Avenue, Hebburn at 3.6 kilometres away.
- 3.6kmHeworth
- 5.6kmManors
- 6.4kmNewcastle
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
