According to the public record, 103, The Cornfields, Hebburn is a modern freehold house with 1,227 ft2 of internal area and sits on a 272 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
The Cornfields, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
103, The Cornfields, Hebburn has a single entry in the Land Registry database from March 2024 and a single entry in the EPC database dated August 2023.
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 reasonable condition, we estimate the current sale value for 103 The Cornfields Hebburn as £224,322 and the rental value as £1,113 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 103 The Cornfields Hebburn has increased by £5,148 (2.3%) and its rental value has increased by £92 per month (8.3%).
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 103, The Cornfields, Hebburn is in very good condition we estimate a sale value of £235,538 and rental value of £1,169 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,619 and a rental value of £1,035 per month.
If you were able to purchase this property for the estimated value of £224,322, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,102 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, 103, The Cornfields, Hebburn sits on a plot of 272m2.
We have plot size data on 47 out of 61 other houses in the postcode and 103, The Cornfields, Hebburn sits on the 9th largest plot.
According to HM Land Registry, 103, The Cornfields, Hebburn was last sold on 28 Mar 2024 for £265,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2024, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 103, The Cornfields, Hebburn within a radius of 540 metres over the last 2 years.
The most recent example is 35, Bellona Close, Hebburn, NE31 1FF, a Freehold house which sold for £210,000 in Dec 2023.
Read more about house prices in NE31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Cornfields, Hebburn, NE31 has a total of 103 addresses. According to our analysis of all the public data, 103, The Cornfields, Hebburn is the 12th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £78k more expensive than the average property in NE31.
103, The Cornfields, Hebburn has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 103, The Cornfields, Hebburn is Heworth station which is 4.0 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 103, The Cornfields, Hebburn, 34.7% of property is privately owned with a mortgage and 31.3% is privately owned outright.
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 103, The Cornfields, Hebburn, 23.8% of residents are recorded as possessing school level qualifications and 25.7% 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 103, The Cornfields, 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 103, The Cornfields, Hebburn, 0.8% 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 103, The Cornfields, 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.