31, Red House Road
31, Red House Road
Description & Estimates
The public record lists 31, Red House Road, Hebburn as a leasehold apartment.
Comparison with its neighbours suggests a period apartment with 777 ft2 of internal area and a garden.
In this area, apartments of this size normally have 3 bedrooms.
31, Red House Road, Hebburn has an estimated sale value of £69,167 and an estimated rental value of £488 per month, assuming reasonable condition and based on the information available.
Red House Road, Hebburn, NE31 lies in the borough of South Tyneside, within the NE31 postal district.
Our Data Sources
31, Red House Road, Hebburn has 21 entries in the Land Registry , most recently in May 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 31, Red House Road, Hebburn would be worth £72,625, with a potential rental value of £512 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £64,325, with a rental value of £454 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 31, Red House Road, Hebburn has moved up by £806 (1.2%) over the last year. During the same period, its estimated monthly rental value has increased by £16 (3.2%). The property's estimated gross yield is currently 8.5%.
Sold Prices
31, Red House Road, Hebburn last changed hands on 10th May 2013, selling for £61,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 23.2% since May 2013.
- Sold May 2013£61,000
- Sold Dec 1999£25,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 480 metres of 31, Red House Road, Hebburn across the last 2 years.
Most recently, 52, Gladstone Street, Hebburn, NE31 2XD, a leasehold flat, sold at £56,000 on the 5th November 2024.
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
Our analysis of the public data ranks 31, Red House Road, Hebburn as the 10th largest and the 40th most expensive of the 60 addresses on Red House Road, Hebburn, NE31.
Against the NE31 postcode district average, it is £83k less expensive than the typical property.
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Schools Nearby
- 600mSt Oswald's CofE Aided Primary School
- 800mHebburn Lakes Primary School
- 900mJarrow Cross CofE Primary School
- 800mJarrow School
- 1.1kmHebburn Comprehensive School
- 2.2kmSt Joseph's Catholic Academy
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Public Transport Nearby
Heworth station is the nearest stop to 31, Red House Road, Hebburn at 4.4 kilometres away.
- 4.4kmHeworth
- 6.6kmNorthumberland Park (Tyne & Wear)
- 6.6kmManors
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.
