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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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55, Olwen Drive, Hebburn is recorded publicly as a modern leasehold apartment across 699 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 55, Olwen Drive, Hebburn is £93,356 and its rental estimate is £572 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.
55, Olwen Drive, Hebburn has a single entry in the Land Registry from October 2007 and a single entry in the EPC database dated October 2024.
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.
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 55, Olwen Drive, Hebburn, we estimate a market value of £98,023 and a rental value of £600 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £86,821 and £532 per month respectively.
Over the last year, 55, Olwen Drive, Hebburn has seen its estimated sale value decrease by £52 (0.1%) and its estimated rental value grow by £11 per month (1.9%). This results in an estimated gross rental yield of 7.3%.
55, Olwen Drive, Hebburn has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Oct 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The most recent sale of 55, Olwen Drive, Hebburn completed on 26th October 2007 at £132,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 29.2% over the period since October 2007.
Over the past 2 years 3 properties similar to 55, Olwen Drive, Hebburn have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th April 2026, was 26, Tidespring Row, Hebburn, NE31 1AS, a leasehold flat which sold for £113,000.
Read more about house prices in NE31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 54 addresses on Olwen Drive, Hebburn, NE31, 55, Olwen Drive, Hebburn comes out as the 32nd largest and the 34th most expensive in our analysis of the public data.
It is also £59k less expensive than the average property across the NE31 district.
From 55, Olwen Drive, Hebburn, the nearest station is Heworth, 3.9 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 55, 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 55, 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 55, 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 55, 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 55, 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.
