According to the public record, 37, Holmes Drive, Hebburn is a modern freehold house with 828 ft2 of internal area and sits on a 130 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Holmes Drive, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
37, Holmes Drive, Hebburn has 2 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated April 2017.
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 37 Holmes Drive Hebburn as £236,117 and the rental value as £1,135 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 37 Holmes Drive Hebburn has increased by £9,187 (3.9%) and its rental value has increased by £114 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 37, Holmes Drive, Hebburn is in very good condition we estimate a sale value of £247,923 and rental value of £1,192 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,589 and a rental value of £1,056 per month.
If you were able to purchase this property for the estimated value of £236,117, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,160 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, 37, Holmes Drive, Hebburn sits on a plot of 130m2.
We have plot size data on 38 out of 44 other houses in the postcode and 37, Holmes Drive, Hebburn sits on the 38th largest plot.
According to HM Land Registry, 37, Holmes Drive, Hebburn was last sold on 18 Mar 2022 for £170,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2022, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37, Holmes Drive, Hebburn within a radius of 700 metres over the last 2 years.
The most recent example is 21, Holmes Drive, Hebburn, NE31 2BE, a Freehold house which sold for £200,000 in Aug 2023.
Read more about house prices in NE31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Holmes Drive, Hebburn, NE31 has a total of 98 addresses. According to our analysis of all the public data, 37, Holmes Drive, Hebburn is the 89th largest and the 91st most expensive property on the street.
When compared to the postcode district it is £90k more expensive than the average property in NE31.
37, Holmes Drive, Hebburn has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Apr 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 37, Holmes Drive, 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 37, Holmes Drive, Hebburn, 59.4% of property is socially rented and 21.1% 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 37, Holmes Drive, Hebburn, 17.1% of residents are recorded as possessing school level qualifications and 17.4% 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 37, Holmes Drive, 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 37, Holmes Drive, Hebburn, 0.9% 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 37, Holmes Drive, 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.