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Postcode Overview
of NE7 7LU
NE7 7LU is a residential postcode located on Benton Lodge Avenue, Newcastle Upon Tyne, NE7. It is the 873rd largest postcode in the NE7 area.
It contains 31 houses and the most common type of property is a early-century house built between 1912 and 1935.
Average property prices
in NE7 7LU
The average house value is £276,425. Sales values have increased in the last 12 months by 1.4% and Rental values have increased by 7.9%.
Property sale values range from £242,372 for a freehold house, with 3 bedrooms split across 872 square feet of gross internal area and has a garden to £389,034 for a freehold house, with 5 bedrooms split across 2,088 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE7 7LU is £252/ft2.
Properties achieve a rental yield of between 5.9% and 6.6%, and rental values range from £1,332 to £1,966 per month.
Recent sales
within NE7 7LU
The last sale was 25 Jun 2024 for £308,000 and since then the market in the area as increased by -0.4%. The postcode has had a total of 4 sales since 1995.
NE7 7LU has seen 4 sales in the last three years and 2 sales in the last twelve months.
Nearby postcodes
to NE7 7LU
NE7 7LU is the 873rd largest and the 1090th most expensive postcode out of the 1,271 postcodes in the NE7 area.
Property types
in NE7 7LU
NE7 7LU is a residential postcode located on Benton Lodge Avenue, Newcastle Upon Tyne, NE7 with 31 houses within its bounds.
The most common property type in NE7 7LU is a early-century house built between 1912 and 1935.
Energy Efficiency
of properties within NE7 7LU
The homes are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to NE7 7LU
Public transport nearby
to NE7 7LU
The closest station to NE7 7LU is Manors station which is 4.2 km away.
