According to the public record, 8, Sullivan Walk, Hebburn is a modern freehold house with 1,054 ft2 of internal area and sits on a 289 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Sullivan Walk, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
8, Sullivan Walk, Hebburn has a single entry in the Land Registry database from August 2020 and a single entry in the EPC database dated June 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 8 Sullivan Walk Hebburn as £263,786 and the rental value as £1,190 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 8 Sullivan Walk Hebburn has increased by £9,084 (3.4%) and its rental value has increased by £113 per month (9.5%).
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 8, Sullivan Walk, Hebburn is in very good condition we estimate a sale value of £276,975 and rental value of £1,249 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,321 and a rental value of £1,106 per month.
If you were able to purchase this property for the estimated value of £263,786, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,296 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, 8, Sullivan Walk, Hebburn sits on a plot of 289m2.
We have plot size data on 29 out of 60 other houses in the postcode and 8, Sullivan Walk, Hebburn sits on the 16th largest plot.
According to HM Land Registry, 8, Sullivan Walk, Hebburn was last sold on 28 Aug 2020 for £240,750 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2020, the market for similar properties has risen 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Sullivan Walk, Hebburn within a radius of 540 metres over the last 2 years.
The most recent example is 53, Sullivan Walk, Hebburn, NE31 1YN, a Freehold house which sold for £285,000 in Aug 2022.
Read more about house prices in NE31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sullivan Walk, Hebburn, NE31 has a total of 98 addresses. According to our analysis of all the public data, 8, Sullivan Walk, Hebburn is the 67th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £118k more expensive than the average property in NE31.
8, Sullivan Walk, Hebburn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jun 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 8, Sullivan Walk, 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 8, Sullivan Walk, Hebburn, 56.8% of property is privately owned outright and 33.3% 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 8, Sullivan Walk, Hebburn, 16.9% of residents are recorded as possessing school level qualifications and 34.9% 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 8, Sullivan Walk, 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 8, Sullivan Walk, Hebburn, 2.0% 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 8, Sullivan Walk, Hebburn, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.