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Public records show 54, Olwen Drive, Hebburn to be a modern leasehold apartment with 656 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
54, Olwen Drive, Hebburn has an estimated sale value of £90,673 and an estimated rental value of £564 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.
54, Olwen Drive, Hebburn has a single entry in the Land Registry from June 2007 and a single entry in the EPC database dated August 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 54, Olwen Drive, Hebburn would be worth £95,207, with a potential rental value of £592 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £84,326, with a rental value of £524 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 54, Olwen Drive, Hebburn has decreased by £51 (0.1%) over the last year. During the same period, its estimated monthly rental value has grown by £11 (1.9%). The property's estimated gross yield is currently 7.5%.
54, Olwen Drive, Hebburn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Aug 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
54, Olwen Drive, Hebburn last changed hands on 29th June 2007, selling for £118,745. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 29.7% since June 2007.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of 54, Olwen Drive, Hebburn across the last 2 years.
Most recently, 26, Tidespring Row, Hebburn, NE31 1AS, a leasehold flat, sold at £113,000 on the 24th April 2026.
Read more about house prices in NE31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 54, Olwen Drive, Hebburn as the 36th largest and the 38th most expensive of the 54 addresses on Olwen Drive, Hebburn, NE31.
Against the NE31 postcode district average, it is £62k less expensive than the typical property.
Heworth station is the nearest stop to 54, Olwen Drive, Hebburn at 3.9 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 54, 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 54, 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 54, 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 54, 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 54, 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.