According to the public record, 56, Regent Drive, Hebburn is a modern freehold house with 893 ft2 of internal area and sits on a 232 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Regent Drive, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
56, Regent Drive, Hebburn has a single entry in the Land Registry database from January 2017 and a single entry in the EPC database dated February 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 56 Regent Drive Hebburn as £230,812 and the rental value as £1,090 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 56 Regent Drive Hebburn has increased by £6,900 (3.0%) and its rental value has increased by £99 per month (9.1%).
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 56, Regent Drive, Hebburn is in very good condition we estimate a sale value of £242,353 and rental value of £1,144 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £214,655 and a rental value of £1,014 per month.
If you were able to purchase this property for the estimated value of £230,812, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,134 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, 56, Regent Drive, Hebburn sits on a plot of 232m2.
We have plot size data on 72 out of 73 other houses in the postcode and 56, Regent Drive, Hebburn sits on the 42nd largest plot.
According to HM Land Registry, 56, Regent Drive, Hebburn was last sold on 27 Jan 2017 for £191,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2017, the market for similar properties has risen 29.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Regent Drive, Hebburn within a radius of 740 metres over the last 2 years.
The most recent example is 10, Regent Drive, Hebburn, NE31 2EF, a Freehold house which sold for £205,000 in Nov 2022.
Read more about house prices in NE31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Regent Drive, Hebburn, NE31 has a total of 73 addresses. According to our analysis of all the public data, 56, Regent Drive, Hebburn is the 64th largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £85k more expensive than the average property in NE31.
56, Regent Drive, Hebburn has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Feb 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 56, Regent Drive, Hebburn is Heworth station which is 2.2 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 56, Regent Drive, Hebburn, 51.1% of property is privately owned with a mortgage and 31.4% 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 56, Regent Drive, Hebburn, 17.6% of residents are recorded as possessing school level qualifications and 35.7% 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 56, Regent 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 56, Regent Drive, 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 56, Regent Drive, Hebburn, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.