According to the public record, 12, Mill Lane, Hebburn is a mid-century freehold house with 961 ft2 of internal area and sits on a 227 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Lane, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
12, Mill Lane, Hebburn has a single entry in the Land Registry database from December 2011 and a single entry in the EPC database dated May 2011.
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 12 Mill Lane Hebburn as £221,809 and the rental value as £1,030 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 12 Mill Lane Hebburn has increased by £6,631 (3.0%) and its rental value has increased by £93 per month (9.1%).
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 12, Mill Lane, Hebburn is in very good condition we estimate a sale value of £232,899 and rental value of £1,081 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,282 and a rental value of £958 per month.
If you were able to purchase this property for the estimated value of £221,809, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,090 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, 12, Mill Lane, Hebburn sits on a plot of 227m2.
We have plot size data on 21 out of 27 other houses in the postcode and 12, Mill Lane, Hebburn sits on the 4th largest plot.
According to HM Land Registry, 12, Mill Lane, Hebburn was last sold on 15 Dec 2011 for £144,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2011, the market for similar properties has risen 39.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Mill Lane, Hebburn within a radius of 690 metres over the last 2 years.
The most recent example is 6, Titlington Grove, Hebburn, NE31 2LX, a Freehold house which sold for £230,250 in May 2024.
Read more about house prices in NE31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Hebburn, NE31 has a total of 65 addresses. According to our analysis of all the public data, 12, Mill Lane, Hebburn is the 20th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £76k more expensive than the average property in NE31.
12, Mill Lane, Hebburn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 May 2011.
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 12, Mill Lane, Hebburn is Heworth station which is 2.3 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 12, Mill Lane, Hebburn, 51.1% of property is privately owned with a mortgage and 31.4% 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 12, Mill Lane, Hebburn, 17.6% of residents are recorded as possessing school level qualifications and 35.7% 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 12, Mill Lane, Hebburn, the average age was 40.5 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 12, Mill Lane, Hebburn, 0.0% 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 12, Mill Lane, Hebburn, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.