NE16 5LU is a residential postcode located on Beech Street, Sunniside, Newcastle Upon Tyne, NE16. It is the 216th largest postcode in the NE16 area.
It contains 5 houses and 3 unknown and the most common type of property is a period house built between 1800 and 1911.
The average house value is £141,565. Sales values have increased in the last 12 months by 1.5% and Rental values have increased by 10.1%.
Property sale values range from £100,500 for a freehold house, with 2 bedrooms split across 666 square feet of gross internal area and has a garden to £158,002 for a freehold house, with 4 bedrooms split across 1,485 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE16 5LU is £115/ft2.
Properties achieve a rental yield of between 7% and 8.1%, and rental values range from £682 to £921 per month.
The last sale was 09 Dec 2022 for £120,000 and since then the market in the area has increased by 4.8%. The postcode has had a total of 4 sales since 1995.
NE16 5LU has seen 2 sales in the last three years and no sales in the last twelve months.
NE16 5LU is the 216th largest and the 172nd most expensive postcode out of the 719 postcodes in the NE16 area.
NE16 5LU is the 216th largest and the 172nd most expensive postcode out of the 719 postcodes in the NE16 area.
NE16 5LU is a residential postcode located on Beech Street, Sunniside, Newcastle Upon Tyne, NE16 with 5 houses and 3 unknown within its bounds.
The most common property type in NE16 5LU is a period house built between 1800 and 1911.
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being F.
The closest station to NE16 5LU is Dunston station which is 3.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around NE16 5LU, 39.8% of property is privately owned with a mortgage and 31.9% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NE16 5LU, 21.6% of residents are recorded as possessing school level qualifications and 29.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE16 5LU, the average age was 43.3 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NE16 5LU, 1.2% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NE16 5LU, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.