5 Oakwood, Hebburn, NE31 1EB is a leasehold other property built between 1996-2002. The property offers approximately 614 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 £98,574 , which equates to approximately £161 per square foot. It was last sold on 10 Feb 2023 for £91,500. Since then, the value has increased by £7,074, representing a 7.7% increase, or approximately 2.7% per year.

The current estimated value of £98,574 is:

  • 33.0% lower than the average property price on Oakwood
  • 33.9% lower than the average in the NE31 1EB postcode area
  • and 51.0% lower than the average price for Hebburn as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 10 October 2022, the property was recorded as rented.

View sold house prices in NE31 1EB

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
614 sq ft
Tenure
Leasehold
Price (estimate)
£98,574
Price Per sq ft (estimate)
£161
Bedroom Count (estimate)
1 bedroom

EPC Summary

5 Oakwood, Hebburn, South Tyneside, Tyne And Wear, NE31 1EB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 10 Oct 2022.

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 21 Jun 2012, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 15.2%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 67% of fixed outlets to low energy lighting in all 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, filled cavity
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE31 1EB

15 th / 15
Price Rank
34% lower than average
5 th / 9
Size Rank
12% smaller than average
9 th / 9
Price Per Sq FT Rank
25% lower than average

Compared to other properties in NE31 1EB , this flat's estimated value ranks 15th out of 15. Based on price per square foot, it ranks 9th out of 9 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 5th out of 9 properties in its postcode area.

Sale History

Today
£98,574
streetscan.co.uk estimate
+8 %
10 Feb 2023
£91,500
Leasehold
+50 %
14 Dec 2012
£61,000
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 614 sq ft
sale price: £83,500
sale date: 21 Jul 2006
rooms: 3
size: 635 sq ft
sale price: £83,500
sale date: 21 Jul 2006
rooms: 4
size: 678 sq ft
sale price: £87,000
sale date: 12 Jun 2009
rooms: 4
size: 603 sq ft
sale price: £99,950
sale date: 1 Apr 2015
rooms: 3
size: 635 sq ft
sale price: £138,500
sale date: 16 Dec 2005

Data Sources

The property at 5 Oakwood, Hebburn, NE31 1EB appears two times in the Land Registry records, with the latest transaction recorded on 10 Feb 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Oct 2022. 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.