NE24 5LE is a residential postcode located on Cowpen Hall Road, Blyth, NE24. It is the 1123rd largest postcode in the NE24 area.
It contains 41 residential addresses consisting of 28 houses and 13 flats and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £79,460. Sales values have increased in the last 12 months by 2.2% and Rental values have increased by 9.4%.
Property sale values range from £28,055 for a leasehold flat, with 1 bedrooms split across 300 square feet of gross internal area and has no outside space to £112,233 for a freehold house, with 4 bedrooms split across 1,216 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE24 5LE is £87/ft2.
Properties achieve a rental yield of between 6% and 9%, and rental values range from £210 to £598 per month.
The last sale was 11 May 2023 for £85,000 and since then the market in the area as increased by 4.4%. The postcode has had a total of 4 sales since 1995.
NE24 5LE has seen 1 sale in the last three years and no sales in the last twelve months.
NE24 5LE is the 1123rd largest and the 276th most expensive postcode out of the 1,221 postcodes in the NE24 area.
NE24 5LE is a residential postcode located on Cowpen Hall Road, Blyth, NE24 with 28 houses and 13 flats within its bounds.
The most common property type in NE24 5LE is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to NE24 5LE is Blyth Bebside station which is 1.1 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NE24 5LE, 47.1% of property is socially rented and 18.8% 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 NE24 5LE, 25.1% of residents are recorded as possessing school level qualifications and 13.3% 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 NE24 5LE, the average age was 38.5 and the most common age was 27.
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 NE24 5LE, 0.6% 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 NE24 5LE, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.