According to the public record, 4, Swallow Drive, Hebburn is a modern freehold house with 1,808 ft2 of internal area and sits on a 392 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Swallow Drive, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
4, Swallow Drive, Hebburn has a single entry in the Land Registry database from February 2021 and a single entry in the EPC database dated February 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 good condition, we estimate the current sale value for 4 Swallow Drive Hebburn as £349,758 and the rental value as £1,528 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 4 Swallow Drive Hebburn has increased by £6,951 (2.0%) and its rental value has increased by £122 per month (8.0%).
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 4, Swallow Drive, Hebburn is in very good condition we estimate a sale value of £367,246 and rental value of £1,605 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,275 and a rental value of £1,421 per month.
If you were able to purchase this property for the estimated value of £349,758, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,719 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, 4, Swallow Drive, Hebburn sits on a plot of 392m2.
We have plot size data on 46 out of 47 other houses in the postcode and 4, Swallow Drive, Hebburn sits on the 2nd largest plot.
According to HM Land Registry, 4, Swallow Drive, Hebburn was last sold on 26 Feb 2021 for £365,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2021, the market for similar properties has risen 12.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Swallow Drive, Hebburn within a radius of 690 metres over the last 2 years.
The most recent example is 23, Swallow Drive, Hebburn, NE31 1AE, a Freehold house which sold for £360,000 in May 2022.
Read more about house prices in NE31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Swallow Drive, Hebburn, NE31 has a total of 47 addresses. According to our analysis of all the public data, 4, Swallow Drive, Hebburn is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £204k more expensive than the average property in NE31.
4, Swallow Drive, Hebburn has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Feb 2021.
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 4, Swallow Drive, Hebburn is Heworth station which is 2.3 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 4, Swallow Drive, Hebburn, 60.5% of property is privately owned outright and 27.7% 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 4, Swallow Drive, Hebburn, 10.9% of residents are recorded as possessing school level qualifications and 26.5% 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 4, Swallow Drive, 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 4, Swallow Drive, 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 4, Swallow Drive, Hebburn, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.