30 Olwen Drive, Hebburn, NE31 1AR is a leasehold flat built in 2007 onwards. The property offers approximately 560 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £83,799 , which equates to approximately £150 per square foot. It was last sold on 31 Mar 2021 for £75,000. Since then, the value has increased by £8,799, representing a 11.7% increase, or approximately 2.5% per year.

The current estimated value of £83,799 is:

  • 58.4% lower than the average property price on Olwen Drive
  • 56.4% lower than the average in the NE31 1AR postcode area
  • and 53.4% lower than the average price for Hebburn as a whole

At the most recent EPC inspection on 4 September 2019, the property was recorded as owner-occupied.

View sold house prices in NE31 1AR

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
560 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£83,799
Price Per sq ft (estimate)
£150
Bedroom Count (estimate)
1 bedroom

EPC Summary

30 Olwen Drive, Hebburn, South Tyneside, Tyne And Wear, NE31 1AR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 Sep 2019.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 8 Apr 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 9%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, insulated (assumed) to pitched, 250 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 83% of fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to NE31 1AR

43 rd / 43
Price Rank
56% lower than average
28 th / 30
Size Rank
41% smaller than average
30 th / 30
Price Per Sq FT Rank
26% lower than average

Compared to other properties in NE31 1AR , this flat's estimated value ranks 43th out of 43. Based on price per square foot, it ranks 30th out of 30 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 28th out of 30 properties in its postcode area.

Sale History

Today
£83,799
streetscan.co.uk estimate
+12 %
31 Mar 2021
£75,000
Leasehold
+18.1 %
9 May 2016
£63,500
Leasehold

Area Insights

Similar Properties Sold Nearby

6 Olwen Drive, Hebburn, NE31 1AR
rooms: 3
size: 624 sq ft
sale price: £74,000
sale date: 7 Mar 2022
4 Olwen Drive, Hebburn, NE31 1AR
rooms: 3
size: 635 sq ft
sale price: £76,000
sale date: 19 Oct 2015
5 Olwen Drive, Hebburn, NE31 1AR
rooms: 3
size: 572 sq ft
sale price: £76,000
sale date: 24 Jun 2015

Data Sources

The property at 30 Olwen Drive, Hebburn, NE31 1AR appears two times in the Land Registry records, with the latest transaction recorded on 31 Mar 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Sep 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.
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