According to the public record, 15, Holmes Drive, Hebburn is a modern freehold house with 1,227 ft2 of internal area and sits on a 294 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Holmes Drive, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
15, Holmes Drive, Hebburn has a single entry in the Land Registry database from October 2016 and a single entry in the EPC database dated October 2016.
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 15 Holmes Drive Hebburn as £308,256 and the rental value as £1,344 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 15 Holmes Drive Hebburn has increased by £6,130 (2.0%) and its rental value has increased by £107 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 15, Holmes Drive, Hebburn is in very good condition we estimate a sale value of £323,669 and rental value of £1,411 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,678 and a rental value of £1,250 per month.
If you were able to purchase this property for the estimated value of £308,256, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,515 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, 15, Holmes Drive, Hebburn sits on a plot of 294m2.
We have plot size data on 38 out of 44 other houses in the postcode and 15, Holmes Drive, Hebburn sits on the 14th largest plot.
According to HM Land Registry, 15, Holmes Drive, Hebburn was last sold on 28 Oct 2016 for £254,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2016, the market for similar properties has risen 26.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Holmes Drive, Hebburn within a radius of 660 metres over the last 2 years.
The most recent example is 55, Bruce Drive, Hebburn, NE31 2BH, a Freehold house which sold for £335,000 in Sep 2022.
Read more about house prices in NE31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Holmes Drive, Hebburn, NE31 has a total of 98 addresses. According to our analysis of all the public data, 15, Holmes Drive, Hebburn is the 37th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £162k more expensive than the average property in NE31.
15, Holmes Drive, Hebburn has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Oct 2016.
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 15, Holmes Drive, Hebburn is Heworth station which is 3.5 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 15, Holmes Drive, Hebburn, 59.4% of property is socially rented and 21.1% 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 15, Holmes Drive, Hebburn, 17.1% of residents are recorded as possessing school level qualifications and 17.4% 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 15, Holmes Drive, 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 15, Holmes Drive, Hebburn, 0.9% 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 15, Holmes Drive, Hebburn, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.