According to the public record, 1, Chaffinch Drive, Hebburn is a modern freehold house with 1,108 ft2 of internal area and sits on a 226 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Chaffinch Drive, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
1, Chaffinch Drive, Hebburn has 2 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 1 Chaffinch Drive Hebburn as £292,067 and the rental value as £1,320 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 1 Chaffinch Drive Hebburn has increased by £5,709 (2.0%) and its rental value has increased by £105 per month (8.0%).
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 1, Chaffinch Drive, Hebburn is in very good condition we estimate a sale value of £306,671 and rental value of £1,386 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,623 and a rental value of £1,227 per month.
If you were able to purchase this property for the estimated value of £292,067, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,435 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Chaffinch Drive, Hebburn sits on a plot of 226m2.
We have plot size data on 82 out of 95 other houses in the postcode and 1, Chaffinch Drive, Hebburn sits on the 47th largest plot.
According to HM Land Registry, 1, Chaffinch Drive, Hebburn was last sold on 30 Sep 2022 for £305,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2022, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Chaffinch Drive, Hebburn within a radius of 670 metres over the last 2 years.
The most recent example is 31, Nightingale Avenue, Hebburn, NE31 1FL, a Freehold house which sold for £206,500 in Dec 2022.
Read more about house prices in NE31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chaffinch Drive, Hebburn, NE31 has a total of 95 addresses. According to our analysis of all the public data, 1, Chaffinch Drive, Hebburn is the 39th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £146k more expensive than the average property in NE31.
1, Chaffinch Drive, Hebburn has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Apr 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 1, Chaffinch Drive, Hebburn is Heworth station which is 2.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Chaffinch Drive, Hebburn, 60.5% of property is privately owned outright and 27.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 1, Chaffinch Drive, Hebburn, 10.9% of residents are recorded as possessing school level qualifications and 26.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Chaffinch Drive, Hebburn, the average age was 41.3 and the most common age was 57.
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 1, Chaffinch Drive, Hebburn, 1.3% 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 1, Chaffinch 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.