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Postcode Overview
of NE31 1RL
NE31 1RL is a residential postcode located on St. Michael's Vale, Hebburn, NE31. It is the 1100th largest postcode in the NE31 area.
It contains 59 residential addresses consisting of 18 houses, 37 flats and 4 unknown and the most common type of property is a modern flat built after 1980.
Average property prices
in NE31 1RL
The average house value is £90,079. Sales values have increased in the last 12 months by 3.8% and Rental values have increased by 9.9%.
Property sale values range from £80,143 for a leasehold flat, with 2 bedrooms split across 474 square feet of gross internal area and has no outside space to £241,354 for a freehold house, with 4 bedrooms split across 1,636 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE31 1RL is £151/ft2.
Properties achieve a rental yield of between 5.9% and 8.3%, and rental values range from £551 to £1,232 per month.
Recent sales
within NE31 1RL
The last sale was 15 Mar 2024 for £80,000 and since then the market in the area has increased by 3.5%. The postcode has had a total of 4 sales since 1995.
NE31 1RL has seen 4 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to NE31 1RL
NE31 1RL is the 1100th largest and the 181st most expensive postcode out of the 1,127 postcodes in the NE31 area.
Nearby postcodes
to NE31 1RL
NE31 1RL is the 1100th largest and the 181st most expensive postcode out of the 1,127 postcodes in the NE31 area.
Property types
in NE31 1RL
NE31 1RL is a residential postcode located on St. Michael's Vale, Hebburn, NE31 with 18 houses, 37 flats and 4 unknown within its bounds.
The most common property type in NE31 1RL is a modern flat built after 1980.
Energy Efficiency
of properties within NE31 1RL
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to NE31 1RL
Public transport nearby
to NE31 1RL
The closest station to NE31 1RL is Heworth station which is 3.1 kilometres away.
