8 Penrose Place, Hebburn, NE31 2AY is a freehold terraced property The property offers approximately 829 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £204,124 , which equates to approximately £246 per square foot. It was last sold on 22 Feb 2021 for £165,000. Since then, the value has increased by £39,124, representing a 23.7% increase, or approximately 4.9% per year.

The current estimated value of £204,124 is:

  • 17.4% lower than the average property price on Penrose Place
  • 16.4% lower than the average in the NE31 2AY postcode area
  • and 13.5% higher than the average price for Hebburn as a whole

At the most recent EPC inspection on 14 June 2016, the property was recorded as owner-occupied.

View sold house prices in NE31 2AY

Building approximate location

About Property

Type
Terraced House
Built
Interior Size
829 sq ft
Tenure
Freehold
Price (estimate)
£204,124
Price Per sq ft (estimate)
£246
Bedroom Count (estimate)
2 bedrooms

EPC Summary

8 Penrose Place, Hebburn, South Tyneside, Tyne And Wear, NE31 2AY has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 14 Jun 2016.

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 high performance glazing.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Floor
Average thermal transmittance 0.14 W/m-¦K
Very Good
Roof
Average thermal transmittance 0.11 W/m-¦K
Very Good
Walls
Average thermal transmittance 0.27 W/m-¦K
Very Good
Windows
High performance glazing
Very Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE31 2AY

17 th / 30
Price Rank
16% lower than average
17 th / 30
Size Rank
8% smaller than average
22 nd / 30
Price Per Sq FT Rank
9% lower than average

Compared to other properties in NE31 2AY , this house's estimated value ranks 17th out of 30. Based on price per square foot, it ranks 22th 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 17th out of 30 properties in its postcode area.

Sale History

Today
£204,124
streetscan.co.uk estimate
+24 %
22 Feb 2021
£165,000
Leasehold
-1.8 %
24 Jun 2016
£167,995
Leasehold

Area Insights

Similar Properties Sold Nearby

9 Penrose Place, Hebburn, NE31 2AY
rooms:
size: 829 sq ft
sale price: £165,500
sale date: 6 Nov 2020
10 Penrose Place, Hebburn, NE31 2AY
rooms:
size: 829 sq ft
sale price: £168,995
sale date: 24 Jun 2016

Data Sources

The property at 8 Penrose Place, Hebburn, NE31 2AY appears two times in the Land Registry records, with the latest transaction recorded on 22 Feb 2021. It also has a single Energy Performance Certificate (EPC) from 14 Jun 2016. 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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