6 Olwen Drive, Hebburn, NE31 1AR is a leasehold flat built in 2007 onwards. The property offers approximately 624 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 £80,734 , which equates to approximately £129 per square foot. It was last sold on 7 Mar 2022 for £74,000. Since then, the value has increased by £6,734, representing a 9.1% increase, or approximately 2.4% per year.

The current estimated value of £80,734 is:

  • 59.9% lower than the average property price on Olwen Drive
  • 58.0% lower than the average in the NE31 1AR postcode area
  • and 55.1% 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
624 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£80,734
Price Per sq ft (estimate)
£129
Bedroom Count (estimate)
1 bedroom

EPC Summary

6 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 9 Oct 2019.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Dec 2008. The rating of C is unchanged, though the energy efficiency score decreased by 10.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE31 1AR

35 th / 43
Price Rank
58% lower than average
26 th / 30
Size Rank
34% smaller than average
19 th / 30
Price Per Sq FT Rank
36% lower than average

Compared to other properties in NE31 1AR , this flat's estimated value ranks 35th out of 43. Based on price per square foot, it ranks 19th out of 30 properties. In terms of size, this home ranks 26th out of 30 properties in its postcode area.

Sale History

Today
£80,734
streetscan.co.uk estimate
+9 %
7 Mar 2022
£74,000
Leasehold
+2.8 %
26 Jun 2015
£72,000
Leasehold
-41.7 %
27 Jun 2008
£123,494
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 667 sq ft
sale price: £78,000
sale date: 30 Jun 2023
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 6 Olwen Drive, Hebburn, NE31 1AR appears three times in the Land Registry records, with the latest transaction recorded on 7 Mar 2022. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Oct 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.