According to the public record, 16, Rede Avenue, Hebburn is a period house with 1,011 ft2 of internal area and sits on a 118 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Rede Avenue, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
16, Rede Avenue, Hebburn has no records in the Land Registry database and a single entry in the EPC database dated August 2017.
We combine this information with public data 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 16 Rede Avenue Hebburn as £129,998 and the rental value as £814 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 16 Rede Avenue Hebburn has increased by £4,998 (3.8%) and its rental value has increased by £81 per month (10.0%).
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 16, Rede Avenue, Hebburn is in very good condition we estimate a sale value of £136,498 and rental value of £854 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £120,898 and a rental value of £757 per month.
If you were able to purchase this property for the estimated value of £129,998, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £639 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, 16, Rede Avenue, Hebburn sits on a plot of 118m2.
We have plot size data on 15 out of 26 other houses in the postcode and 16, Rede Avenue, Hebburn sits on the 4th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Rede Avenue, Hebburn within a radius of 490 metres over the last 2 years.
The most recent example is 12, Rede Avenue, Hebburn, NE31 1QT, a Freehold house which sold for £105,000 in Jul 2022.
Read more about house prices in NE31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rede Avenue, Hebburn, NE31 has a total of 26 addresses. According to our analysis of all the public data, 16, Rede Avenue, Hebburn is the 7th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £16k less expensive than the average property in NE31.
16, Rede Avenue, Hebburn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Aug 2017.
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 16, Rede Avenue, Hebburn is Heworth station which is 3.6 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 16, Rede Avenue, Hebburn, 36.8% of property is privately rented and 32.4% 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 16, Rede Avenue, Hebburn, 15.6% of residents are recorded as possessing school level qualifications and 28.4% 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 16, Rede Avenue, 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 16, Rede Avenue, 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 16, Rede Avenue, Hebburn, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.