43, Olwen Drive
43, Olwen Drive
Description & Estimates
The public record lists 43, Olwen Drive, Hebburn as a freehold house sitting on a 227 m2 plot.
Comparison with its neighbours suggests a modern house with 1,032 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
43, Olwen Drive, Hebburn has an estimated sale value of £205,661 and an estimated rental value of £1,071 per month, assuming reasonable condition and based on the information available.
Olwen Drive, Hebburn, NE31 lies in the borough of South Tyneside, within the NE31 postal district.
Our Data Sources
43, Olwen Drive, Hebburn has a single entry in the Land Registry from December 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 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 43, Olwen Drive, Hebburn would be worth £215,944, with a potential rental value of £1,124 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £191,264, with a rental value of £996 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 43, Olwen Drive, Hebburn has grown by £3,495 (1.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £39 (3.7%). The property's estimated gross yield is currently 6.2%.
Plot Size
43, Olwen Drive, Hebburn occupies a 227 m2 plot as recorded by HM Land Registry.
Of the 30 other houses in this postcode, 21 have recorded plot sizes, and this one ranks as the 6th largest.
Sold Prices
43, Olwen Drive, Hebburn last changed hands on 21st December 2007, selling for £199,020. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 13.5% since December 2007.
- Sold Dec 2007£199,020
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 520 metres of 43, Olwen Drive, Hebburn across the last 2 years.
Most recently, 3, Bicester Grove, Hebburn, NE31 1AQ, a freehold house, sold at £240,000 on the 25th October 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 43, Olwen Drive, Hebburn as the 18th largest and the 17th most expensive of the 54 addresses on Olwen Drive, Hebburn, NE31.
Against the NE31 postcode district average, it is £53k more expensive than the typical property.
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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
Heworth station is the nearest stop to 43, Olwen Drive, Hebburn at 3.9 kilometres away.
- 3.9kmHeworth
- 5.6kmManors
- 6.1kmNorthumberland Park (Tyne & Wear)
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.
