According to the public record, 15, Tidespring Row, Hebburn is a modern leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Tidespring Row, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
15, Tidespring Row, Hebburn has 5 entries in the Land Registry database, most recently in July 2024 and a single entry in the EPC database dated November 2018.
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 Tidespring Row Hebburn as £94,387 and the rental value as £615 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 15 Tidespring Row Hebburn has increased by £3,573 (3.8%) and its rental value has increased by £61 per month (9.9%).
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, Tidespring Row, Hebburn is in very good condition we estimate a sale value of £99,106 and rental value of £646 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,780 and a rental value of £572 per month.
If you were able to purchase this property for the estimated value of £94,387, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £464 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 HM Land Registry, 15, Tidespring Row, Hebburn was last sold on 08 Jul 2024 for £99,950 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jul 2024, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Tidespring Row, Hebburn within a radius of 540 metres over the last 2 years.
The most recent example is 26, Tidespring Row, Hebburn, NE31 1AS, a Leasehold flat which sold for £79,950 in Dec 2023.
Read more about house prices in NE31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tidespring Row, Hebburn, NE31 has a total of 27 addresses. According to our analysis of all the public data, 15, Tidespring Row, Hebburn is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in NE31.
15, Tidespring Row, Hebburn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Nov 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 15, Tidespring Row, Hebburn is Heworth station which is 3.9 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, Tidespring Row, Hebburn, 46.2% of property is privately owned with a mortgage and 20.3% is socially rented.
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, Tidespring Row, Hebburn, 23.4% of residents are recorded as possessing school level qualifications and 35.8% 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, Tidespring Row, 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 15, Tidespring Row, 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 15, Tidespring Row, 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.