NE31 2EG is a residential postcode located on Victoria Road West, Hebburn, NE31. It is the 610th largest postcode in the NE31 area.
It contains 19 houses and the most common type of property is a modern house built after 1980.
The average house value is £220,758. Sales values have increased in the last 12 months by 3.0% and Rental values have increased by 9.1%.
Property sale values range from £206,261 for a freehold house, with 3 bedrooms split across 775 square feet of gross internal area and has a garden to £277,730 for a freehold house, with 4 bedrooms split across 1,281 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE31 2EG is £248/ft2.
Properties achieve a rental yield of between 5.1% and 5.9%, and rental values range from £1,003 to £1,191 per month.
The last sale was 16 May 2023 for £273,000 and since then the market in the area has increased by 3.6%. The postcode has had a total of 4 sales since 1995.
NE31 2EG has seen 1 sale in the last three years and no sales in the last twelve months.
NE31 2EG is the 610th largest and the 1003rd most expensive postcode out of the 1,127 postcodes in the NE31 area.
NE31 2EG is the 610th largest and the 1003rd most expensive postcode out of the 1,127 postcodes in the NE31 area.
NE31 2EG is a residential postcode located on Victoria Road West, Hebburn, NE31 with 19 houses within its bounds.
The most common property type in NE31 2EG 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 B.
The closest station to NE31 2EG is Heworth station which is 2.1 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 2EG, 51.1% of property is privately owned with a mortgage and 31.4% 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 2EG, 17.6% of residents are recorded as possessing school level qualifications and 35.7% 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 NE31 2EG, the average age was 40.5 and the most common age was 32.
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 2EG, 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 NE31 2EG, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.