5 Olwen Drive, Hebburn, NE31 1AR is a leasehold flat built in 2007 onwards. The property offers approximately 572 square feet of living space and is situated on the 2nd floor of a 3-storey building. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £97,291 , which equates to approximately £171 per square foot. It was last sold on 24 Jun 2015 for £76,000. Since then, the value has increased by £21,291, representing a 28.0% increase, or approximately 2.7% per year.

The current estimated value of £97,291 is:

  • 51.6% lower than the average property price on Olwen Drive
  • 49.3% lower than the average in the NE31 1AR postcode area
  • and 45.9% lower than the average price for Hebburn as a whole

View sold house prices in NE31 1AR

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
572 sq ft
Tenure
Leasehold
Floor level
2nd floor of 3
Price (estimate)
£97,291
Price Per sq ft (estimate)
£171
Bedroom Count (estimate)
1 bedroom

EPC Summary

5 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 17 Jun 2009.

This property uses electric storage 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 13 Nov 2008, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 18.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from sap05:main-heating to electric storage heaters, improving energy efficiency from n/a to poor.
  • The hot water system was changed from sap05:hot-water to electric immersion, off-peak, with its energy efficiency improving from n/a to average.
  • The roof construction or insulation changed from sap05:roof to pitched, insulated (assumed), improving energy efficiency from n/a to good.
  • The wall construction or insulation changed from sap05:walls to cavity wall, as built, insulated (assumed), improving energy efficiency from n/a to good.
  • The windows were upgraded from sap05:windows to fully double glazed.
  • The lighting was updated from sap05:lighting to no low energy lighting, with efficiency improving from n/a to very poor.
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to NE31 1AR

33 rd / 43
Price Rank
49% lower than average
27 th / 30
Size Rank
40% smaller than average
9 th / 30
Price Per Sq FT Rank
16% lower than average

Compared to other properties in NE31 1AR , this flat's estimated value ranks 33th out of 43. Based on price per square foot, it ranks 9th out of 30 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 27th out of 30 properties in its postcode area.

Sale History

Today
£97,291
streetscan.co.uk estimate
+28 %
24 Jun 2015
£76,000
Leasehold
-41.1 %
27 Jun 2008
£129,019
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 624 sq ft
sale price: £74,000
sale date: 7 Mar 2022
rooms: 3
size: 560 sq ft
sale price: £75,000
sale date: 31 Mar 2021
rooms: 3
size: 657 sq ft
sale price: £69,950
sale date: 21 Sep 2018
rooms: 3
size: 635 sq ft
sale price: £76,000
sale date: 19 Oct 2015
rooms: 3
size: 657 sq ft
sale price: £72,000
sale date: 25 Jun 2015

Data Sources

The property at 5 Olwen Drive, Hebburn, NE31 1AR appears two times in the Land Registry records, with the latest transaction recorded on 24 Jun 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Jun 2009. 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.