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Postcode Overview
of NE31 2EW
NE31 2EW is a residential postcode located on Mill Lane, Hebburn, NE31. It is the 814th largest postcode in the NE31 area.
It contains 21 houses and 6 unknown and the most common type of property is a modern house built after 1980.
Average property prices
in NE31 2EW
The average house value is £202,939. 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 £164,829 for a leasehold house, with 3 bedrooms split across 914 square feet of gross internal area and has a garden to £224,273 for a freehold house, with 3 bedrooms split across 926 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE31 2EW is £242/ft2.
Properties achieve a rental yield of between 5.5% and 6%, and rental values range from £776 to £1,052 per month.
Recent sales
within NE31 2EW
The last sale was 01 Sep 2023 for £175,000 and since then the market in the area has increased by 2.9%. The postcode has had a total of 4 sales since 1995.
NE31 2EW has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to NE31 2EW
NE31 2EW is the 814th largest and the 957th most expensive postcode out of the 1,127 postcodes in the NE31 area.
Nearby postcodes
to NE31 2EW
NE31 2EW is the 814th largest and the 957th most expensive postcode out of the 1,127 postcodes in the NE31 area.
Property types
in NE31 2EW
NE31 2EW is a residential postcode located on Mill Lane, Hebburn, NE31 with 21 houses and 6 unknown within its bounds.
The most common property type in NE31 2EW is a modern house built after 1980.
Energy Efficiency
of properties within NE31 2EW
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.
Schools nearby
to NE31 2EW
Public transport nearby
to NE31 2EW
The closest station to NE31 2EW is Heworth station which is 2.3 kilometres away.
