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According to the public record, 24, Olwen Drive, Hebburn is a modern leasehold house with 403 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Olwen Drive, Hebburn is £121,441 and the estimated rental value is £685 per month.
Olwen Drive, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
24, Olwen Drive, Hebburn has a single entry in the Land Registry from April 2009 and a single entry in the EPC database dated November 2008.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 24, Olwen Drive, Hebburn is in very good condition we estimate a sale value of £127,513 and a rental value of £720 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,940 and a rental value of £638 per month.
Over the past 12 months, the estimated sale value of 24, Olwen Drive, Hebburn has moved up by £2,242 (1.8%), while its estimated rental value has increased by £26 per month (3.8%). Based on current estimates, the property offers a gross rental yield of 6.8%.
24, Olwen Drive, Hebburn has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Nov 2008.
The property is not connected to mains gas and has windows. It is heated using SAP05:Main-Heating.
According to HM Land Registry, 24, Olwen Drive, Hebburn was last sold on 30th April 2009 for £165,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since April 2009, the market for similar properties has risen by 17.8%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Olwen Drive, Hebburn within a radius of 520 metres over the last 2 years.
The most recent example is 1, Cressida Gardens, Hebburn, NE31 1FJ, a freehold house which sold for £140,000 on the 10th January 2019.
Read more about house prices in NE31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Olwen Drive, Hebburn, NE31 has a total of 54 addresses. According to our analysis of all the public data, 24, Olwen Drive, Hebburn is the 53rd largest and the 30th most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in NE31.
The closest station to 24, Olwen Drive, Hebburn is Heworth station, which is 3.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 24, Olwen Drive, Hebburn, 46.2% of property is privately owned with a mortgage and 20.3% is socially rented.
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 24, Olwen Drive, Hebburn, 23.4% of residents are recorded as possessing school level qualifications and 35.8% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 24, Olwen Drive, Hebburn, the average age was 39.8 and the most common age was 32.
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 24, Olwen Drive, 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 24, Olwen Drive, Hebburn, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.
