NE29 7AL is a residential postcode located on Mindrum Terrace, North Shields, NE29. It is the 1214th largest postcode in the NE29 area.
It contains 31 residential addresses consisting of 2 houses, 24 flats and 5 unknown and the most common type of property is a modern flat built after 1980.
The average house value is £88,709. Sales values have increased in the last 12 months by 2.1% and Rental values have increased by 8.2%.
Property sale values range from £74,914 for a leasehold flat, with 2 bedrooms split across 592 square feet of gross internal area and has no outside space to £141,184 for a leasehold house, with 2 bedrooms split across 622 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE29 7AL is £129/ft2.
Properties achieve a rental yield of between 8.2% and 9.6%, and rental values range from £568 to £961 per month.
The last sale was 11 Feb 2022 for £63,500 and since then the market in the area has increased by 6.3%. The postcode has had a total of 4 sales since 1995.
NE29 7AL has seen 2 sales in the last three years and no sales in the last twelve months.
NE29 7AL is the 1214th largest and the 198th most expensive postcode out of the 1,595 postcodes in the NE29 area.
NE29 7AL is the 1214th largest and the 198th most expensive postcode out of the 1,595 postcodes in the NE29 area.
NE29 7AL is a residential postcode located on Mindrum Terrace, North Shields, NE29 with 2 houses, 24 flats and 5 unknown within its bounds.
The most common property type in NE29 7AL is a modern flat built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.
The closest station to NE29 7AL is Northumberland Park (Tyne & Wear) station which is 4.4 kilometres 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 NE29 7AL, 65.3% of property is privately rented and 16.8% is privately owned with a mortgage.
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 NE29 7AL, 15.1% of residents are recorded as possessing school level qualifications and 24.7% 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 NE29 7AL, the average age was 36.9 and the most common age was 12.
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 NE29 7AL, 0.0% 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 NE29 7AL, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.