42, Olwen Drive
42, Olwen Drive
Description & Estimates
42, Olwen Drive, Hebburn is recorded publicly as a modern freehold house across 1,011 ft2 of internal area, sitting on a 207 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 42, Olwen Drive, Hebburn is £203,716 and its rental estimate is £1,067 per month, given the available information and assuming reasonable condition.
Olwen Drive, Hebburn, NE31 falls within the NE31 postal district, in the borough of South Tyneside.
Our Data Sources
42, Olwen Drive, Hebburn has 2 entries in the Land Registry , most recently in November 2015 and a single entry in the EPC database dated September 2015.
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.
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 42, Olwen Drive, Hebburn, we estimate a market value of £213,902 and a rental value of £1,120 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £189,456 and £992 per month respectively.
Recent Market Change
Over the last year, 42, Olwen Drive, Hebburn has seen its estimated sale value rise by £3,462 (1.7%) and its estimated rental value move up by £39 per month (3.7%). This results in an estimated gross rental yield of 6.3%.
Plot Size
HM Land Registry records the plot of land for 42, Olwen Drive, Hebburn as measuring 207 m2.
That makes it the 12th largest plot in the postcode, where 21 of the 30 other houses have recorded plot data.
Energy Efficiency
42, Olwen Drive, Hebburn has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 42, Olwen Drive, Hebburn completed on 27th November 2015 at £169,950 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 26.1% over the period since November 2015.
- Sold Nov 2015£169,950
- Sold Dec 2007£185,495
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 42, Olwen Drive, Hebburn have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th October 2024, was 3, Bicester Grove, Hebburn, NE31 1AQ, a freehold house which sold for £240,000.
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
Of the 54 addresses on Olwen Drive, Hebburn, NE31, 42, Olwen Drive, Hebburn comes out as the 22nd largest and the 22nd most expensive in our analysis of the public data.
It is also £51k more expensive than the average property across the NE31 district.
More reading links
Schools Nearby
- 100mSt Aloysius Catholic Infant School, Hebburn
- 100mSt Aloysius Catholic Junior School Academy
- 1.0kmSt Oswald's CofE Aided Primary School
- 1.3kmHebburn Comprehensive School
- 1.8kmWalker Riverside Academy
- 1.8kmBurnside College
More reading links
Public Transport Nearby
From 42, Olwen Drive, Hebburn, the nearest station is Heworth, 3.9 kilometres away.
- 3.9kmHeworth
- 5.6kmManors
- 6.1kmNorthumberland Park (Tyne & Wear)
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.
