Chase Holmes says ..
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
Property Oracle says ..
This property is a four-bedroom, one-bathroom terraced house located in Hebburn, Tyne and Wear. The list price is £75,000. While the location benefits from relatively close proximity to schools and transportation (Heworth Train Station is approximately 6.86km away), the property itself is in significant need of renovation. The images reveal considerable wear and tear throughout, including damaged ceilings, outdated fixtures, and worn flooring. The small garden is overgrown and requires attention. Compared to the area average price of £482,757 and average price per sqft of £342, this property is significantly underpriced, likely reflecting its poor condition. However, for a buyer willing to undertake a substantial renovation project, it could represent a potentially worthwhile investment. Nearby comparable properties range from £43,750 to £275,000, indicating significant price variation in the area based on property condition and type.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 3
- Location
- 6
- Land
- 2
- Bedrooms
- 4
- Bathrooms
- 1
- Sqft (est)
- 1,050.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 410,714.00 £Increased by 0.52 %
- Est sale value
- 441,000.00 £Increased by 4.48 %
- Average area rental value
- 1,363.00 £/moDecreased by 8.52 %
- Est letting value
- 1,050.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.98 %Decreased by 9.13 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Chase Holmes created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Oswald'S Cofe Aided Primary School | Voluntary Aided School | Good | 0.69 KM |
| Bede Burn Primary School | Community School | Good | 1.01 KM |
| Keelman'S Way School | Foundation Special School | Good | 1.12 KM |
| Jarrow School | Foundation School | Good | 1.14 KM |
| South Tyneside Early Excellence Centre | Children's Centre | 1.19 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Wentworth Close | £ 0 | 0 | 0.00 KM |
| Monkton Cycleway | £ 115,000 | 0 | 0.00 KM |
| South View | £ 270,000 | 0 | 0.00 KM |
| Jubilee Court | £ 0 | 0 | 0.00 KM |
| Mayfield Gardens | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Heworth | 7766 | HEW | 6.86 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Red House Road, Hebburn, Tyne and Wear, NE31 2XG | £ 45,000 | BUY | 6 / 10 | 0.00 KM |
| Howe Street, Hebburn | £ 85,000 | BUY | 6 / 10 | 0.01 KM |
| Red House Road, Hebburn, South Tyneside, NE31 | £ 85,000 | BUY | 6 / 10 | 0.02 KM |
| Red House Road, Hebburn | £ 80,000 | BUY | 6 / 10 | 0.04 KM |
| Adair Way, Hebburn, NE31 | £ 112,500 | BUY | 8 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 81 Red House Road | £ 21,000 | 0.04 KM |
| 71 Red House Road | £ 68,000 | 0.04 KM |
| 68 Northbourne Road | £ 45,000 | 0.06 KM |
| 107 Northbourne Road | £ 100,000 | 0.06 KM |
| 80 Northbourne Road | £ 68,001 | 0.06 KM |