NE27 0BU is a residential postcode located on Cloverfield, West Allotment, Newcastle Upon Tyne, NE27. It is the 813th largest postcode in the NE27 area.
It contains 39 houses and the most common type of property is a modern house built after 1980.
The average house value is £339,078. Sales values have decreased in the last 12 months by 0.7% and Rental values have increased by 6.5%.
Property sale values range from £280,162 for a leasehold house, with 3 bedrooms split across 911 square feet of gross internal area and has a garden to £405,334 for a leasehold house, with 5 bedrooms split across 1,763 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE27 0BU is £265/ft2.
Properties achieve a rental yield of between 4.3% and 5.5%, and rental values range from £1,276 to £1,502 per month.
The last sale was 30 Jun 2022 for £370,000 and since then the market in the area as increased by 4%. The postcode has had a total of 4 sales since 1995.
NE27 0BU has seen 4 sales in the last three years and no sales in the last twelve months.
NE27 0BU is the 813th largest and the 733rd most expensive postcode out of the 958 postcodes in the NE27 area.
NE27 0BU is a residential postcode located on Cloverfield, West Allotment, Newcastle Upon Tyne, NE27 with 39 houses within its bounds.
The most common property type in NE27 0BU is a modern house built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to NE27 0BU is Northumberland Park (Tyne & Wear) station which is 400 m 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 NE27 0BU, 59.5% of property is privately owned with a mortgage and 23.5% 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 NE27 0BU, 24.9% of residents are recorded as possessing school level qualifications and 47.1% 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 NE27 0BU, the average age was 38.5 and the most common age was 37.
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 NE27 0BU, 0.3% 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 NE27 0BU, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.