55, Red House Road
55, Red House Road
Description & Estimates
According to the public record, 55, Red House Road, Hebburn is a period leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 55, Red House Road, Hebburn is £68,512 and the estimated rental value is £486 per month.
Red House Road, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
Our Data Sources
55, Red House Road, Hebburn has 21 entries in the Land Registry , most recently in March 2017 and a single entry in the EPC database dated July 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 55, Red House Road, Hebburn is in very good condition we estimate a sale value of £71,937 and a rental value of £510 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £63,716 and a rental value of £452 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 55, Red House Road, Hebburn has increased by £798 (1.2%), while its estimated rental value has grown by £16 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 8.5%.
Energy Efficiency
55, Red House Road, Hebburn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jul 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 55, Red House Road, Hebburn was last sold on 24th March 2017 for £50,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2017, the market for similar properties has risen by 21.6%.
- Sold Mar 2017£50,000
- Sold Feb 1999£26,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Red House Road, Hebburn within a radius of 460 metres over the last 2 years.
The most recent example is 52, Gladstone Street, Hebburn, NE31 2XD, a leasehold flat which sold for £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.
More reading links
Location Comparison
Red House Road, Hebburn, NE31 has a total of 60 addresses. According to our analysis of all the public data, 55, Red House Road, Hebburn is the 11th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in NE31.
More reading links
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
More reading links
Public Transport Nearby
The closest station to 55, Red House Road, Hebburn is Heworth station, which is 4.4 kilometres away.
- 4.4kmHeworth
- 6.6kmNorthumberland Park (Tyne & Wear)
- 6.6kmManors
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
