According to the public record, 18A, Melrose Avenue, Hebburn is a mid-century house with 893 ft2 of internal area and sits on a 4,522 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Melrose Avenue, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
18A, Melrose Avenue, Hebburn has no records in the Land Registry database and a single entry in the EPC database dated June 2024.
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 18A Melrose Avenue Hebburn as £140,133 and the rental value as £888 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 18A Melrose Avenue Hebburn has increased by £5,453 (3.9%) and its rental value has increased by £89 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 18A, Melrose Avenue, Hebburn is in very good condition we estimate a sale value of £147,140 and rental value of £933 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £130,324 and a rental value of £826 per month.
If you were able to purchase this property for the estimated value of £140,133, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £689 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, 18A, Melrose Avenue, Hebburn sits on a plot of 4522m2.
We have plot size data on 10 out of 18 other houses in the postcode and 18A, Melrose Avenue, Hebburn sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18A, Melrose Avenue, Hebburn within a radius of 590 metres over the last 2 years.
The most recent example is 18, Lindisfarne Road, Hebburn, NE31 2JA, a Freehold house which sold for £129,950 in Jan 2024.
Read more about house prices in NE31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Avenue, Hebburn, NE31 has a total of 27 addresses. According to our analysis of all the public data, 18A, Melrose Avenue, Hebburn is the 24th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in NE31.
18A, Melrose Avenue, Hebburn has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jun 2024.
The property is connected to mains gas and has fully triple glazed windows. It is heated using a boiler and radiators.
The closest station to 18A, Melrose Avenue, Hebburn is Heworth station which is 3.0 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 18A, Melrose Avenue, Hebburn, 59.4% of property is socially rented and 21.1% 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 18A, Melrose Avenue, Hebburn, 17.1% of residents are recorded as possessing school level qualifications and 17.4% 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 18A, Melrose Avenue, 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 18A, Melrose Avenue, Hebburn, 0.9% 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 18A, Melrose Avenue, Hebburn, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.