NE31 1ET is a residential postcode located on Jedmoor, Hebburn, NE31. It is the 1032nd largest postcode in the NE31 area.
It contains 43 residential addresses consisting of 20 houses, 13 flats and 10 unknown and the most common type of property is a modern house built after 1980.
The average house value is £157,559. Sales values have increased in the last 12 months by 3.7% and Rental values have increased by 9.9%.
Property sale values range from £78,268 for a leasehold flat, with 2 bedrooms split across 534 square feet of gross internal area and has no outside space to £255,060 for a freehold house, with 4 bedrooms split across 1,505 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE31 1ET is £199/ft2.
Properties achieve a rental yield of between 5.6% and 8.6%, and rental values range from £558 to £1,197 per month.
The last sale was 25 Mar 2024 for £215,000 and since then the market in the area has increased by 3.4%. The postcode has had a total of 4 sales since 1995.
NE31 1ET has seen 4 sales in the last three years and 3 sales in the last twelve months.
NE31 1ET is the 1032nd largest and the 778th most expensive postcode out of the 1,127 postcodes in the NE31 area.
NE31 1ET is the 1032nd largest and the 778th most expensive postcode out of the 1,127 postcodes in the NE31 area.
NE31 1ET is a residential postcode located on Jedmoor, Hebburn, NE31 with 20 houses, 13 flats and 10 unknown within its bounds.
The most common property type in NE31 1ET is a modern house built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to NE31 1ET is Heworth station which is 3.9 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 NE31 1ET, 42.5% of property is privately owned with a mortgage and 35.8% 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 NE31 1ET, 10.3% of residents are recorded as possessing school level qualifications and 31.5% 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 NE31 1ET, the average age was 41.3 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 NE31 1ET, 0.7% 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 NE31 1ET, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.