According to the public record, 24, Tharsis Road, Hebburn is a modern freehold house with 635 ft2 of internal area and sits on a 200 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Tharsis Road, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
24, Tharsis Road, Hebburn has 21 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated May 2021.
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 24 Tharsis Road Hebburn as £137,003 and the rental value as £833 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 24 Tharsis Road Hebburn has increased by £4,740 (3.5%) and its rental value has increased by £80 per month (9.6%).
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 24, Tharsis Road, Hebburn is in very good condition we estimate a sale value of £143,853 and rental value of £875 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,413 and a rental value of £775 per month.
If you were able to purchase this property for the estimated value of £137,003, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £673 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, 24, Tharsis Road, Hebburn sits on a plot of 200m2.
We have plot size data on 18 out of 24 other houses in the postcode and 24, Tharsis Road, Hebburn sits on the 10th largest plot.
According to HM Land Registry, 24, Tharsis Road, Hebburn was last sold on 28 Jan 2022 for £155,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2022, the market for similar properties has risen 7.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Tharsis Road, Hebburn within a radius of 600 metres over the last 2 years.
The most recent example is 2, Douglass Close, Hebburn, NE31 1AD, a Freehold house which sold for £128,000 in Feb 2021.
Read more about house prices in NE31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tharsis Road, Hebburn, NE31 has a total of 24 addresses. According to our analysis of all the public data, 24, Tharsis Road, Hebburn is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in NE31.
24, Tharsis Road, Hebburn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 May 2021.
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 24, Tharsis Road, Hebburn is Heworth station which is 2.9 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 24, Tharsis Road, Hebburn, 56.4% of property is privately owned outright and 36.5% 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 24, Tharsis Road, Hebburn, 14.4% of residents are recorded as possessing school level qualifications and 36.9% 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 24, Tharsis Road, 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 24, Tharsis Road, Hebburn, 1.4% 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 24, Tharsis Road, 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.