According to the public record, 95, Victoria Road West, Hebburn is a early-century leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Victoria Road West, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
95, Victoria Road West, Hebburn has a single entry in the Land Registry database from September 2022 and a single entry in the EPC database dated April 2022.
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 95 Victoria Road West Hebburn as £92,069 and the rental value as £632 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 95 Victoria Road West Hebburn has increased by £3,559 (3.9%) and its rental value has increased by £63 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 95, Victoria Road West, Hebburn is in very good condition we estimate a sale value of £96,672 and rental value of £664 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £85,624 and a rental value of £588 per month.
If you were able to purchase this property for the estimated value of £92,069, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £452 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, 95, Victoria Road West, Hebburn was last sold on 23 Sep 2022 for £87,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2022, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 95, Victoria Road West, Hebburn within a radius of 550 metres over the last 2 years.
The most recent example is 18, Leslie Avenue, Hebburn, NE31 1XN, a Leasehold flat which sold for £91,000 in Jan 2022.
Read more about house prices in NE31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Road West, Hebburn, NE31 has a total of 190 addresses. According to our analysis of all the public data, 95, Victoria Road West, Hebburn is the 157th largest and the 162nd most expensive property on the street.
When compared to the postcode district it is £54k less expensive than the average property in NE31.
95, Victoria Road West, Hebburn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Apr 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 95, Victoria Road West, Hebburn is Heworth station which is 3.2 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 95, Victoria Road West, Hebburn, 35.0% of property is privately rented and 23.3% is socially rented.
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 95, Victoria Road West, Hebburn, 22.0% of residents are recorded as possessing school level qualifications and 23.1% 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 95, Victoria Road West, 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 95, Victoria Road West, Hebburn, 0.8% 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 95, Victoria Road West, 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.