Hebburn House Prices Hebburn House Prices

The average house price in Hebburn is £149,988 using HM Land Registry data.

The average property price decreased by £488 (--0.29%) over the last 5 years and decreased by £98 (--0.06%) over the last 12 months.

Over the last year, there were 179 residential property sales – a decrease of 165 transactions (-92.18%) relative to the previous year. The majority of house sales (48) were in the £70,000 - £106,000 range. Then came properties in the £106,000 - £142,000 range, where 39 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 74 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,848 (-2%).

In April 2024, there were 59 new estate agency instructions, 32 agreed home sales and 8 property price reductions.

5-Year Average Property Prices in Hebburn

-0.29%

Property prices in Hebburn decreased by -0.29% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Hebburn Over the Last Year

-0.06%

Property prices in Hebburn decreased by -0.06% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Hebburn - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Hebburn

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Hebburn

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Hebburn

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Hebburn since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Hebburn area since 1995.

Recent Property Sales in Hebburn

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
21 Hazelmoor, Hebburn, Tyne And Wear, NE31 1DH£85,000£84,500-£50015 Sep 202316 Feb 2024154 Days
73 Marina View, Hebburn, Tyne And Wear, NE31 1RY£265,000£265,000£0002 Sep 202302 Feb 2024153 Days
4 Tharsis Road, Hebburn, Tyne And Wear, NE31 1LT£160,000£152,500-£7,50007 Aug 202301 Feb 2024178 Days
18 Lindisfarne Road, Hebburn, Tyne And Wear, NE31 2JA£129,950£129,950£0014 Jul 202319 Jan 2024189 Days
135 Victoria Road West, Hebburn, Tyne And Wear, NE31 1UU£260,000£260,000£0024 Jul 202316 Jan 2024176 Days
69 Sullivan Walk, Hebburn, Tyne And Wear, NE31 1YW£240,000£235,000-£5,00012 Sep 202320 Dec 202399 Days
1 Garden Drive, Hebburn, Tyne And Wear, NE31 1LU£165,000£160,000-£5,00028 Jul 202315 Dec 2023140 Days
48 Northbourne Road, Jarrow, Tyne And Wear, NE32 5JS£75,000£71,000-£4,00019 Jul 202301 Dec 2023135 Days
4 Bonnar Court, Hebburn, Tyne And Wear, NE31 2YN£89,950£89,950£0002 May 202310 Nov 2023192 Days
30 Hazelmoor, Hebburn, Tyne And Wear, NE31 1DH£90,000£90,000£0009 Jun 202327 Oct 2023140 Days
27 Fountains Crescent, Hebburn, Tyne And Wear, NE31 2HT£119,950£108,000-£11,95009 Aug 202327 Oct 202379 Days
51 Sullivan Walk, Hebburn, Tyne And Wear, NE31 1YN£215,000£215,000£0017 Jul 202323 Oct 202398 Days
96 Hexham Avenue, Hebburn, Tyne And Wear, NE31 2JQ£125,000£90,000-£35,00024 Feb 202320 Oct 2023238 Days
46 Gladstone Street, Hebburn, Tyne And Wear, NE31 2XD£119,950£119,950£0028 Mar 202320 Oct 2023206 Days
22 Mill Crescent, Hebburn, Tyne And Wear, NE31 1UQ£200,000£177,500-£22,50019 Jul 202320 Oct 202393 Days
26 Jedmoor, Hebburn, Tyne And Wear, NE31 1ET£129,000£127,000-£2,00021 Jun 202311 Oct 2023112 Days
32 Canning Street, Hebburn, Tyne And Wear, NE31 2UE£225,000£210,000-£15,00021 Dec 202206 Oct 2023289 Days
8 Woodvale Drive, Hebburn, Tyne And Wear, NE31 1RA£205,000£205,000£0011 Jul 202322 Sep 202373 Days
17 Woodvale Drive, Hebburn, Tyne And Wear, NE31 1RA£250,000£250,000£0022 May 202320 Sep 2023121 Days
14 Mill Lane, Hebburn, Tyne And Wear, NE31 2EW£179,950£175,000-£4,95011 Jan 202301 Sep 2023233 Days

Most Expensive Streets in Hebburn

PostcodeStreetAreaAverageNo. of Sales
NE31 1AUWhites GardensHebburn£341,6663
NE31 1FLNightingale AvenueHebburn£279,02243
NE31 2BJLukes LaneHebburn£268,2474
NE31 1RRSt Lukes PlaceHebburn£265,2508
NE31 2BEHolmes DriveHebburn£263,52317
NE31 2BRWollaston WayHebburn£261,14213
NE31 2BHBruce DriveHebburn£259,39910
NE31 2BGSaint CloseHebburn£257,1254
NE31 1BFChaffinch DriveHebburn£256,23661
NE31 1FASwift GroveHebburn£250,27734

Least Expensive Streets in Hebburn

PostcodeStreetAreaAverageNo. of Sales
NE31 1UFBurn TerraceHebburn£45,3754
NE31 2XEFrobisher StreetHebburn£50,2504
NE31 2XWCollingwood StreetHebburn£52,5836
NE31 2XHHowe StreetHebburn£58,5203
NE31 2UNQuarry RoadHebburn£60,7484
NE31 2XGRed House RoadHebburn£61,6254
NE31 2DXSuffolk RoadHebburn£64,2504
NE31 1XGVictoria Road EastHebburn£64,5005
NE31 2XBFrobisher StreetHebburn£66,4005
NE32 5JSNorthbourne RoadJarrow£69,7669

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