18, Rede Avenue
18, Rede Avenue
Description & Estimates
18, Rede Avenue, Hebburn appears in the public record as a freehold house sitting on a 118 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 849 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 18, Rede Avenue, Hebburn is £107,472 and its rental estimate is £651 per month, given the available information and assuming reasonable condition.
Rede Avenue, Hebburn, NE31 falls within the NE31 postal district, in the borough of South Tyneside.
Our Data Sources
18, Rede Avenue, Hebburn has 21 entries in the Land Registry , most recently in November 2007 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
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 18, Rede Avenue, Hebburn, we estimate a market value of £112,846 and a rental value of £684 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £99,949 and £605 per month respectively.
Recent Market Change
Over the last year, 18, Rede Avenue, Hebburn has seen its estimated sale value climb by £1,826 (1.7%) and its estimated rental value rise by £24 per month (3.7%). This results in an estimated gross rental yield of 7.3%.
Plot Size
HM Land Registry records the plot of land for 18, Rede Avenue, Hebburn as measuring 118 m2.
That makes it the 4th largest plot in the postcode, where 24 of the 26 other houses have recorded plot data.
Sold Prices
The most recent sale of 18, Rede Avenue, Hebburn completed on 26th November 2007 at £100,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 10.5% over the period since November 2007.
- Sold Nov 2007£100,000
- Sold Jun 2001£34,750
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 18, Rede Avenue, Hebburn have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th July 2024, was 48, Aln Street, Hebburn, NE31 1XS, a freehold house which sold for £95,000.
Read more about house prices in NE31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 26 addresses on Rede Avenue, Hebburn, NE31, 18, Rede Avenue, Hebburn comes out as the 22nd largest and the 23rd most expensive in our analysis of the public data.
It is also £45k less expensive than the average property across the NE31 district.
More reading links
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
From 18, Rede Avenue, Hebburn, the nearest station is Heworth, 3.6 kilometres away.
- 3.6kmHeworth
- 5.6kmManors
- 6.4kmNewcastle
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
