7, Tweed Street
7, Tweed Street
Description & Estimates
According to the public record, 7, Tweed Street, Hebburn is an early-century leasehold apartment with 882 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 7, Tweed Street, Hebburn is £66,754 and the estimated rental value is £452 per month.
Tweed Street, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
Our Data Sources
7, Tweed Street, Hebburn has 21 entries in the Land Registry , most recently in August 2019 and a single entry in the EPC database dated February 2014.
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 7, Tweed Street, Hebburn is in very good condition we estimate a sale value of £70,091 and a rental value of £475 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £62,081 and a rental value of £421 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7, Tweed Street, Hebburn has increased by £778 (1.2%), while its estimated rental value has grown by £14 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 8.1%.
Energy Efficiency
7, Tweed Street, Hebburn has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Feb 2014.
The property is not 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, 7, Tweed Street, Hebburn was last sold on 21st August 2019 for £34,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2019, the market for similar properties has risen by 22.6%.
- Sold Aug 2019£34,500
- Sold Feb 2004£54,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Tweed Street, Hebburn within a radius of 470 metres over the last 2 years.
The most recent example is 39, Victoria Road West, Hebburn, NE31 1UZ, a leasehold flat which sold for £55,000 on the 15th March 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
Tweed Street, Hebburn, NE31 has a total of 77 addresses. According to our analysis of all the public data, 7, Tweed Street, Hebburn is the 27th largest and the 59th most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in NE31.
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Schools Nearby
- 500mSt Aloysius Catholic Infant School, Hebburn
- 500mSt Aloysius Catholic Junior School Academy
- 900mHebburn Lakes Primary School
- 900mHebburn Comprehensive School
- 1.7kmSt Joseph's Catholic Academy
- 1.9kmJarrow School
More reading links
Public Transport Nearby
The closest station to 7, Tweed Street, Hebburn is Heworth station, which is 3.5 kilometres away.
- 3.5kmHeworth
- 5.5kmManors
- 6.4kmNewcastle
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.
