4 Springwood, Hebburn, NE31 1DA is a leasehold flat built between 1991-1995. The property offers approximately 624 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £110,254 , which equates to approximately £177 per square foot. It was last sold on 26 Mar 2021 for £94,950. Since then, the value has increased by £15,304, representing a 16.1% increase, or approximately 3.4% per year.

The current estimated value of £110,254 is:

  • 25.3% lower than the average property price on Springwood
  • 28.2% lower than the average in the NE31 1DA postcode area
  • and 45.2% lower than the average price for Hebburn as a whole

At the most recent EPC inspection on 1 March 2021, the property was recorded as owner-occupied.

View sold house prices in NE31 1DA

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£110,254
Price Per sq ft (estimate)
£177
Bedroom Count (estimate)
1 bedroom

EPC Summary

4 Springwood, Hebburn, South Tyneside, Tyne And Wear, NE31 1DA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 1 Mar 2021.

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 23 Sep 2010. The rating of C remains the same, but the energy efficiency score improved by 1.4%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The lighting was updated from low energy lighting in 67% of fixed outlets to low energy lighting in 83% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to NE31 1DA

21 st / 23
Price Rank
28% lower than average
8 th / 15
Size Rank
12% smaller than average
13 th / 15
Price Per Sq FT Rank
19% lower than average

Compared to other properties in NE31 1DA , this flat's estimated value ranks 21th out of 23. Based on price per square foot, it ranks 13th out of 15 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 8th out of 15 properties in its postcode area.

Sale History

Today
£110,254
streetscan.co.uk estimate
+16 %
26 Mar 2021
£94,950
Leasehold
+41.7 %
24 Feb 2016
£67,000
Leasehold
+21.8 %
22 Mar 2013
£55,000
Leasehold
-33.7 %
29 Jul 2005
£83,000
Leasehold
+71.1 %
8 Nov 2002
£48,500
Leasehold
+47.2 %
25 Aug 2000
£32,950
Leasehold

Area Insights

Similar Properties Sold Nearby

1 Springwood, Hebburn, NE31 1DA
rooms: 3
size: 614 sq ft
sale price: £85,000
sale date: 4 Aug 2023
3 Springwood, Hebburn, NE31 1DA
rooms: 3
size: 657 sq ft
sale price: £65,000
sale date: 19 Jul 2023
2 Springwood, Hebburn, NE31 1DA
rooms: 3
size: 614 sq ft
sale price: £79,000
sale date: 8 Feb 2006

Data Sources

The property at 4 Springwood, Hebburn, NE31 1DA appears six times in the Land Registry records, with the latest transaction recorded on 26 Mar 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Mar 2021. 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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