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Postcode Overview
of NE31 2LZ
NE31 2LZ is a residential postcode located on College Road, Hebburn, NE31. It is the 1024th largest postcode in the NE31 area.
It contains 42 residential addresses consisting of 17 houses, 13 flats and 12 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in NE31 2LZ
The average house value is £131,386. 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 £62,763 for a leasehold flat, with 2 bedrooms split across 431 square feet of gross internal area and has no outside space to £170,695 for a freehold house, with 4 bedrooms split across 1,108 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE31 2LZ is £160/ft2.
Properties achieve a rental yield of between 7% and 9.2%, and rental values range from £483 to £997 per month.
Recent sales
within NE31 2LZ
The last sale was 23 Jul 2012 for £95,000 and since then the market in the area has increased by 35.2%. The postcode has had a total of 4 sales since 1995.
NE31 2LZ has seen no sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to NE31 2LZ
NE31 2LZ is the 1024th largest and the 563rd most expensive postcode out of the 1,127 postcodes in the NE31 area.
Nearby postcodes
to NE31 2LZ
NE31 2LZ is the 1024th largest and the 563rd most expensive postcode out of the 1,127 postcodes in the NE31 area.
Property types
in NE31 2LZ
NE31 2LZ is a residential postcode located on College Road, Hebburn, NE31 with 17 houses, 13 flats and 12 unknown within its bounds.
The most common property type in NE31 2LZ is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within NE31 2LZ
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to NE31 2LZ
Public transport nearby
to NE31 2LZ
The closest station to NE31 2LZ is Heworth station which is 2.7 kilometres away.
