According to the public record, 20, Mersey Road, Hebburn is a mid-century apartment with 500 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Mersey Road, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
20, Mersey Road, Hebburn has no records in the Land Registry database and a single entry in the EPC database dated November 2008.
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 20 Mersey Road Hebburn as £67,128 and the rental value as £516 per month giving an expected gross yield of 9.2%.
Over the last 12 months the sale value of 20 Mersey Road Hebburn has increased by £2,427 (3.6%) and its rental value has increased by £50 per month (9.7%).
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 20, Mersey Road, Hebburn is in very good condition we estimate a sale value of £70,485 and rental value of £542 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £62,429 and a rental value of £480 per month.
If you were able to purchase this property for the estimated value of £67,128, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £330 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 the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 20, Mersey Road, Hebburn within a radius of 540 metres over the last 2 years.
The most recent example is 35, Toner Avenue, Hebburn, NE31 2PE, a Leasehold flat which sold for £64,000 in Feb 2014.
Read more about house prices in NE31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mersey Road, Hebburn, NE31 has a total of 18 addresses. According to our analysis of all the public data, 20, Mersey Road, Hebburn is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in NE31.
20, Mersey Road, Hebburn has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Nov 2008.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 20, Mersey Road, Hebburn is Heworth station which is 3.2 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 20, Mersey Road, Hebburn, 55.9% of property is socially rented and 17.1% 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 20, Mersey Road, Hebburn, 19.6% of residents are recorded as possessing school level qualifications and 14.8% 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 20, Mersey Road, 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 20, Mersey Road, 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 20, Mersey Road, 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.