16 Parliament Street, Hebburn, NE31 1ED is a freehold terraced property built between 1900-1929. The property offers approximately 506 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £59,639 , which equates to approximately £118 per square foot. It was last sold on 12 Mar 2024 for £55,000. Since then, the value has increased by £4,639, representing a 8.4% increase, or approximately 4.8% per year.

The current estimated value of £59,639 is:

  • 39.0% lower than the average property price on Parliament Street
  • 35.6% lower than the average in the NE31 1ED postcode area
  • and 66.8% lower than the average price for Hebburn as a whole

View sold house prices in NE31 1ED

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
506 sq ft
Tenure
Freehold
Price (estimate)
£59,639
Price Per sq ft (estimate)
£118
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 Parliament Street, Hebburn, South Tyneside, Tyne And Wear, NE31 1ED has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 3 Jun 2019.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Jan 2014, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 57.9%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from poor to good.
  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, 350 mm loft insulation, improving energy efficiency from good to very good.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 83% of fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 350 mm loft insulation
Very Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to NE31 1ED

27 th / 28
Price Rank
36% lower than average
23 rd / 24
Size Rank
28% smaller than average
20 th / 24
Price Per Sq FT Rank
11% lower than average

Compared to other properties in NE31 1ED , this house's estimated value ranks 27th out of 28. Based on price per square foot, it ranks 20th out of 24 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 23th out of 24 properties in its postcode area.

Sale History

Today
£59,639
streetscan.co.uk estimate
+8 %
12 Mar 2024
£55,000
Leasehold

Area Insights

Similar Properties Sold Nearby

2 Parliament Street, Hebburn, NE31 1ED
rooms: 3
size: 506 sq ft
sale price: £27,950
sale date: 15 Nov 2002

Data Sources

The property at 16 Parliament Street, Hebburn, South Tyneside, Tyne And Wear, NE31 1ED appears once in the Land Registry records, with the transaction recorded on 12 Mar 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Jun 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
↑