According to the public record, 2, Victoria Street, Hebburn is a period freehold house with 1,024 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.
Victoria Street, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
2, Victoria Street, Hebburn has 31 entries in the Land Registry database, most recently in October 2007 and a single entry in the EPC database dated February 2009.
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 2 Victoria Street Hebburn as £97,253 and the rental value as £606 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 2 Victoria Street Hebburn has increased by £3,142 (3.2%) and its rental value has increased by £57 per month (9.4%).
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 2, Victoria Street, Hebburn is in very good condition we estimate a sale value of £102,116 and rental value of £637 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £90,445 and a rental value of £564 per month.
If you were able to purchase this property for the estimated value of £97,253, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £478 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, 2, Victoria Street, Hebburn sits on a plot of 118m2.
We have plot size data on 3 out of 7 other houses in the postcode and 2, Victoria Street, Hebburn sits on the 13th largest plot.
According to HM Land Registry, 2, Victoria Street, Hebburn was last sold on 22 Oct 2007 for £83,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2007, the market for similar properties has risen 21.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Victoria Street, Hebburn within a radius of 680 metres over the last 2 years.
The most recent example is 6, Parliament Street, Hebburn, NE31 1ED, a Freehold house which sold for £114,000 in Oct 2021.
Read more about house prices in NE31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Street, Hebburn, NE31 has a total of 29 addresses. According to our analysis of all the public data, 2, Victoria Street, Hebburn is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in NE31.
2, Victoria Street, Hebburn has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Feb 2009.
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 2, Victoria Street, 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 2, Victoria Street, Hebburn, 50.9% of property is privately owned with a mortgage and 25.9% 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 2, Victoria Street, Hebburn, 18.9% of residents are recorded as possessing school level qualifications and 30.4% 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 2, Victoria Street, 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 2, Victoria Street, Hebburn, 1.3% 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 2, Victoria Street, Hebburn, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.