NE7 7NR is a residential postcode located on Thropton Avenue, Newcastle Upon Tyne, NE7. It is the 1069th largest postcode in the NE7 area.
It contains 44 houses and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £230,180. Sales values have increased in the last 12 months by 2.6% and Rental values have increased by 9.1%.
Property sale values range from £224,127 for a freehold house, with 3 bedrooms split across 850 square feet of gross internal area and has a garden to £394,112 for a freehold house, with 5 bedrooms split across 1,776 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE7 7NR is £257/ft2.
Properties achieve a rental yield of between 5.7% and 7%, and rental values range from £1,304 to £1,888 per month.
The last sale was 07 Feb 2024 for £226,000 and since then the market in the area as increased by 5.4%. The postcode has had a total of 4 sales since 1995.
NE7 7NR has seen 4 sales in the last three years and 3 sales in the last twelve months.
NE7 7NR is the 1069th largest and the 1006th most expensive postcode out of the 1,271 postcodes in the NE7 area.
NE7 7NR is a residential postcode located on Thropton Avenue, Newcastle Upon Tyne, NE7 with 44 houses within its bounds.
The most common property type in NE7 7NR is a early-century house built between 1912 and 1935.
The homes are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to NE7 7NR is Manors station which is 4.1 km 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 NE7 7NR, 35.9% of property is privately owned outright and 35.1% is privately owned with a mortgage.
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 NE7 7NR, 21.7% of residents are recorded as possessing school level qualifications and 33.6% 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 NE7 7NR, the average age was 41.2 and the most common age was 37.
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 NE7 7NR, 0.3% 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 NE7 7NR, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.