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Postcode Overview
of NE5 1LA
NE5 1LA is a residential postcode located on Eddrington Grove, Newcastle Upon Tyne, NE5. It is the 1594th largest postcode in the NE5 area.
It contains 41 residential addresses consisting of 39 houses and 2 flats and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in NE5 1LA
The average house value is £218,476. Sales values have increased in the last 12 months by 0.8% and Rental values have increased by 8.7%.
Property sale values range from £116,479 for a leasehold flat, with 2 bedrooms split across 635 square feet of gross internal area and has no outside space to £244,390 for a freehold house, with 3 bedrooms split across 947 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE5 1LA is £262/ft2.
Properties achieve a rental yield of between 5.6% and 7.1%, and rental values range from £687 to £1,158 per month.
Recent sales
within NE5 1LA
The last sale was 21 Dec 2022 for £215,000 and since then the market in the area as increased by 2.5%. The postcode has had a total of 4 sales since 1995.
NE5 1LA has seen 4 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to NE5 1LA
NE5 1LA is the 1594th largest and the 1590th most expensive postcode out of the 1,843 postcodes in the NE5 area.
Property types
in NE5 1LA
NE5 1LA is a residential postcode located on Eddrington Grove, Newcastle Upon Tyne, NE5 with 39 houses and 2 flats within its bounds.
The most common property type in NE5 1LA is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within NE5 1LA
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being E.
Schools nearby
to NE5 1LA
Public transport nearby
to NE5 1LA
The closest station to NE5 1LA is Blaydon station which is 3.5 km away.
