According to the public record, 5, Milton Avenue, Hebburn is a mid-century freehold house with 613 ft2 of internal area and sits on a 204 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Milton Avenue, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
5, Milton Avenue, Hebburn has 2 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated October 2020.
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 5 Milton Avenue Hebburn as £95,611 and the rental value as £651 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 5 Milton Avenue Hebburn has increased by £4,918 (5.1%) and its rental value has increased by £74 per month (11.3%).
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 5, Milton Avenue, Hebburn is in very good condition we estimate a sale value of £100,392 and rental value of £684 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £88,918 and a rental value of £605 per month.
If you were able to purchase this property for the estimated value of £95,611, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £470 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, 5, Milton Avenue, Hebburn sits on a plot of 204m2.
We have plot size data on 7 out of 8 other houses in the postcode and 5, Milton Avenue, Hebburn sits on the 4th largest plot.
According to HM Land Registry, 5, Milton Avenue, Hebburn was last sold on 29 Sep 2021 for £85,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 11.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Milton Avenue, Hebburn within a radius of 500 metres over the last 2 years.
The most recent example is 139, Hedgeley Road, Hebburn, NE31 1HB, a Freehold house which sold for £89,000 in Sep 2022.
Read more about house prices in NE31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milton Avenue, Hebburn, NE31 has a total of 16 addresses. According to our analysis of all the public data, 5, Milton Avenue, Hebburn is the 13th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in NE31.
5, Milton Avenue, Hebburn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Oct 2020.
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 5, Milton Avenue, Hebburn is Heworth station which is 4.1 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 5, Milton Avenue, Hebburn, 66.9% of property is socially rented and 19.0% 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 5, Milton Avenue, Hebburn, 25.4% of residents are recorded as possessing school level qualifications and 15.4% 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 5, Milton 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 5, Milton Avenue, Hebburn, 0.0% 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 5, Milton Avenue, Hebburn, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.