According to the public record, 42, Vimy Avenue, Hebburn is a mid-century apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Vimy Avenue, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
42, Vimy Avenue, Hebburn has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 2022.
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 42 Vimy Avenue Hebburn as £69,135 and the rental value as £539 per month giving an expected gross yield of 9.4%.
Over the last 12 months the sale value of 42 Vimy Avenue Hebburn has increased by £2,669 (3.9%) and its rental value has increased by £54 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 42, Vimy Avenue, Hebburn is in very good condition we estimate a sale value of £72,592 and rental value of £566 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,296 and a rental value of £501 per month.
If you were able to purchase this property for the estimated value of £69,135, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £340 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 HM Land Registry, 42, Vimy Avenue, Hebburn was last sold on 20 Apr 2000 for £38,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Vimy Avenue, Hebburn within a radius of 490 metres over the last 2 years.
The most recent example is 10, Vimy Avenue, Hebburn, NE31 1QR, a Leasehold flat which sold for £68,000 in Jul 2023.
Read more about house prices in NE31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vimy Avenue, Hebburn, NE31 has a total of 29 addresses. According to our analysis of all the public data, 42, Vimy Avenue, Hebburn is the 19th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £77k less expensive than the average property in NE31.
42, Vimy Avenue, Hebburn has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Mar 2022.
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 42, Vimy Avenue, Hebburn is Heworth station which is 3.7 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 42, Vimy Avenue, Hebburn, 47.5% of property is socially rented and 23.0% 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 42, Vimy Avenue, Hebburn, 21.8% of residents are recorded as possessing school level qualifications and 15.8% 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 42, Vimy Avenue, Hebburn, the average age was 39.8 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 42, Vimy Avenue, Hebburn, 0.7% 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 42, Vimy Avenue, Hebburn, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.