According to the public record, 38, Morecambe Parade, Hebburn is a mid-century house with 882 ft2 of internal area and sits on a 159 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Morecambe Parade, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
38, Morecambe Parade, Hebburn has no records in the Land Registry database and a single entry in the EPC database dated January 2015.
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 38 Morecambe Parade Hebburn as £121,973 and the rental value as £792 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 38 Morecambe Parade Hebburn has increased by £5,735 (4.7%) and its rental value has increased by £86 per month (10.9%).
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 38, Morecambe Parade, Hebburn is in very good condition we estimate a sale value of £128,072 and rental value of £831 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,435 and a rental value of £736 per month.
If you were able to purchase this property for the estimated value of £121,973, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £599 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, 38, Morecambe Parade, Hebburn sits on a plot of 159m2.
We have plot size data on 13 out of 42 other houses in the postcode and 38, Morecambe Parade, Hebburn sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Morecambe Parade, Hebburn within a radius of 640 metres over the last 2 years.
The most recent example is 37, Morecambe Parade, Hebburn, NE31 2AH, a Freehold house which sold for £117,000 in Jan 2024.
Read more about house prices in NE31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morecambe Parade, Hebburn, NE31 has a total of 42 addresses. According to our analysis of all the public data, 38, Morecambe Parade, Hebburn is the 39th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in NE31.
38, Morecambe Parade, Hebburn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jan 2015.
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 38, Morecambe Parade, Hebburn is Heworth station which is 3.9 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 38, Morecambe Parade, Hebburn, 63.4% of property is socially rented and 14.3% 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 38, Morecambe Parade, Hebburn, 27.4% of residents are recorded as possessing school level qualifications and 16.2% 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 38, Morecambe Parade, 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 38, Morecambe Parade, Hebburn, 0.4% 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 38, Morecambe Parade, Hebburn, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.