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19, Palmer Crescent, Hebburn is recorded publicly as a mid-century leasehold apartment across 678 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 19, Palmer Crescent, Hebburn is £45,591 and its rental estimate is £323 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.
19, Palmer Crescent, Hebburn has 21 entries in the Land Registry , most recently in August 2014 and a single entry in the EPC database dated January 2023.
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.
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 19, Palmer Crescent, Hebburn, we estimate a market value of £47,870 and a rental value of £340 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £42,400 and £301 per month respectively.
Over the last year, 19, Palmer Crescent, Hebburn has seen its estimated sale value decline by £25 (0.1%) and its estimated rental value climb by £6 per month (1.9%). This results in an estimated gross rental yield of 8.5%.
19, Palmer Crescent, Hebburn has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 19, Palmer Crescent, Hebburn completed on 29th August 2014 at £44,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 7.7% over the period since August 2014.
Over the past 2 years 3 properties similar to 19, Palmer Crescent, Hebburn have sold within a radius of 500 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.
Of the 48 addresses on Palmer Crescent, Hebburn, NE31, 19, Palmer Crescent, Hebburn comes out as the 30th largest and the 38th most expensive in our analysis of the public data.
It is also £107k less expensive than the average property across the NE31 district.
From 19, Palmer Crescent, Hebburn, the nearest station is Heworth, 4.1 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 19, Palmer Crescent, Hebburn, % of property is and % is .
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 19, Palmer Crescent, Hebburn, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 19, Palmer Crescent, Hebburn, 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 19, Palmer Crescent, Hebburn, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.