8, Burn Terrace
8, Burn Terrace
Description & Estimates
Public records show 8, Burn Terrace, Hebburn to be a mid-century leasehold apartment with 333 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
8, Burn Terrace, Hebburn has an estimated sale value of £57,095 and an estimated rental value of £413 per month, assuming reasonable condition and based on the information available.
Burn Terrace, Hebburn, NE31 lies in the borough of South Tyneside, within the NE31 postal district.
Our Data Sources
8, Burn Terrace, Hebburn has a single entry in the Land Registry from April 2013 and a single entry in the EPC database dated May 2010.
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.
Price Range & Condition
In very good condition, we estimate 8, Burn Terrace, Hebburn would be worth £59,950, with a potential rental value of £434 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £53,098, with a rental value of £384 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 8, Burn Terrace, Hebburn has declined by £32 (0.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £8 (1.9%). The property's estimated gross yield is currently 8.7%.
Energy Efficiency
8, Burn Terrace, Hebburn has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 25 May 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
8, Burn Terrace, Hebburn last changed hands on 16th April 2013, selling for £41,500. 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 24.5% since April 2013.
- Sold Apr 2013£41,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 840 metres of 8, Burn Terrace, Hebburn across the last 2 years.
Most recently, 12, Burn Terrace, Hebburn, NE31 1UF, a leasehold flat, sold at £65,000 on the 11th December 2023.
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 8, Burn Terrace, Hebburn as the 9th largest and the 8th most expensive of the 12 addresses on Burn Terrace, Hebburn, NE31.
Against the NE31 postcode district average, it is £95k less expensive than the typical property.
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Schools Nearby
- 500mBill Quay Primary School
- 700mToner Avenue Primary School
- 1.1kmSt Alban's Catholic Primary School, Pelaw
- 400mSt Joseph's Catholic Academy
- 1.4kmHebburn Comprehensive School
- 1.9kmHeworth Grange School
More reading links
Public Transport Nearby
Heworth station is the nearest stop to 8, Burn Terrace, Hebburn at 1.9 kilometres away.
- 1.9kmHeworth
- 5.0kmManors
- 5.7kmNewcastle
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.
