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NE8 1YL

Name: NE8 1YL
Address: Balfour Street, Gateshead, NE8, NE8 1YL

House Prices / North East, Gateshead, Balfour Street

Last update: Sep 2024

NE8 1YL

House Prices / North East, Gateshead, Balfour Street

Last update: Sep 2024

Postcode Overview

of NE8 1YL

NE8 1YL is a residential postcode located on Balfour Street, Gateshead, NE8. It is the 893rd largest postcode in the NE8 area.

It contains 43 residential addresses consisting of 1 house, 40 flats and 2 unknown and the most common type of property is a period flat built between 1800 and 1911.

1, Balfour Street, Gateshead, NE8 1YL

3, Balfour Street, Gateshead, NE8 1YL

2 bed period flat

4, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

5, Balfour Street, Gateshead, NE8 1YL

2 bed period flat

6, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

7, Balfour Street, Gateshead, NE8 1YL

2 bed period flat

8, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

9, Balfour Street, Gateshead, NE8 1YL

2 bed period flat

10, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

11, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

12, Balfour Street, Gateshead, NE8 1YL

2 bed period flat

13, Balfour Street, Gateshead, NE8 1YL

2 bed period flat

14, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

15, Balfour Street, Gateshead, NE8 1YL

2 bed period flat

16, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

17, Balfour Street, Gateshead, NE8 1YL

3 bed mid-century flat

18, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

19, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

20, Balfour Street, Gateshead, NE8 1YL

2 bed period flat

21, Balfour Street, Gateshead, NE8 1YL

2 bed period flat

22, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

23, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

24, Balfour Street, Gateshead, NE8 1YL

2 bed period flat

25, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

26, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

27, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

28, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

29, Balfour Street, Gateshead, NE8 1YL

4 bed modern house

30, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

32, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

33, Balfour Street, Gateshead, NE8 1YL

2 bed period flat

34, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

35, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

36, Balfour Street, Gateshead, NE8 1YL

2 bed period flat

37, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

38, Balfour Street, Gateshead, NE8 1YL

39, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

41, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

43, Balfour Street, Gateshead, NE8 1YL

2 bed period flat

45, Balfour Street, Gateshead, NE8 1YL

2 bed period flat

47, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

49, Balfour Street, Gateshead, NE8 1YL

2 bed period flat

51, Balfour Street, Gateshead, NE8 1YL

3 bed period flat

Average property prices

in NE8 1YL

The average house value is £77,296. Sales values have increased in the last 12 months by 3.2% and Rental values have increased by 9.9%.

Property sale values range from £68,830 for a leasehold flat, with 2 bedrooms split across 570 square feet of gross internal area and has a garden to £147,161 for a freehold house, with 4 bedrooms split across 1,328 square feet of gross internal area and has a garden.

Average £/ft² for properties in NE8 1YL is £106/ft².

Properties achieve a rental yield of between 7% and 9.5%, and rental values range from £548 to £858 per month.

Sale value change

12 months

3.2%

Rental value change

12 months

9.9%

Recent sales

within NE8 1YL

The last sale was 16 Sep 2016 for £60,000 and since then the market in the area has increased by 17.3%. The postcode has had a total of 4 sales since 1995.

NE8 1YL has seen no sales in the last three years and no sales in the last twelve months.

51, Balfour Street, Gateshead, NE8 1YL

£60,000

Sep-2016

Sold

Sep-2016

7, Balfour Street, Gateshead, NE8 1YL

£79,950

May-2016

Sold

May-2016

19, Balfour Street, Gateshead, NE8 1YL

£65,000

May-2015

Sold

May-2015

4, Balfour Street, Gateshead, NE8 1YL

£51,500

Nov-2014

Sold

Nov-2014

Nearby postcodes

to NE8 1YL

NE8 1YL is the 893rd largest and the 140th most expensive postcode out of the 1,084 postcodes in the NE8 area.

55 m

NE8 1YH, Goschen Street, Gateshead, NE8

NE8 1YH

33 Addresses

62 m

NE8 1YB, Hilda Street, Gateshead, NE8

NE8 1YB

17 Addresses

63 m

NE8 1XS, Brighton Road, Gateshead, NE8

NE8 1XS

23 Addresses

64 m

NE8 1YJ, Epworth Grove, Gateshead, NE8

NE8 1YJ

8 Addresses

91 m

NE8 1YA, St. Aidans Street, Gateshead, NE8

NE8 1YA

42 Addresses

100 m

NE8 1YE, Ridley Street, Gateshead, NE8

NE8 1YE

19 Addresses

Nearby postcodes

to NE8 1YL

NE8 1YL is the 893rd largest and the 140th most expensive postcode out of the 1,084 postcodes in the NE8 area.

55 m

NE8 1YH, Goschen Street, Gateshead, NE8

NE8 1YH

33 Addresses

62 m

NE8 1YB, Hilda Street, Gateshead, NE8

NE8 1YB

17 Addresses

63 m

NE8 1XS, Brighton Road, Gateshead, NE8

NE8 1XS

23 Addresses

64 m

NE8 1YJ, Epworth Grove, Gateshead, NE8

NE8 1YJ

8 Addresses

91 m

NE8 1YA, St. Aidans Street, Gateshead, NE8

NE8 1YA

42 Addresses

100 m

NE8 1YE, Ridley Street, Gateshead, NE8

NE8 1YE

19 Addresses

Property types

in NE8 1YL

NE8 1YL is a residential postcode located on Balfour Street, Gateshead, NE8 with 1 house, 40 flats and 2 unknown within its bounds.

The most common property type in NE8 1YL is a period flat built between 1800 and 1911.

period flat (39)

modern house (1)

mid-century flat (1)

Unknown (2)

Energy Efficiency

of properties within NE8 1YL

The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.

A (0)

E (7)

B (0)

F (0)

C (12)

G (0)

D (22)

No EPC (2)

Schools nearby

to NE8 1YL

The nearest primary school to NE8 1YL is Brighton Avenue Primary School which is 100 metres away and is rated Outstanding by Ofsted.

100 m

Brighton Avenue Primary School

Outstanding

400 m

Corpus Christi Catholic Primary School, Gateshead

Outstanding

400 m

Kelvin Grove Community Primary School

Good

The nearest secondary school is North East Futures UTC which is 1.6 kilometres away and is rated RequiresImprovement by Ofsted.

1.6 km

North East Futures UTC

Requires improvement

1.9 km

Callerton Academy

Good

2.6 km

Kingsmeadow Community Comprehensive School

Good

Source: Ofsted (2016)

Public transport nearby

to NE8 1YL

The closest station to NE8 1YL is Newcastle station which is 1.8 kilometres away.

1.8 km

Newcastle

1.8 km

Dunston

2.3 km

Manors

3.5 km

MetroCentre

Source: National Rail

Risk of flooding

for NE8 1YL

According to data from the Environment Agency, the flood risk in this area is considered to be very low.

Very low

High

Source: Environment Agency (2024)

Home ownership nearby

around NE8 1YL

The recent census recorded whether a resident owned or rented their home.

In the area around NE8 1YL, 54.5% of property is privately rented and 19.3% is socially rented.

The graph below shows how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

Education levels in the area

around NE8 1YL

The recent census recorded the highest level of education achieved by residents in the local area.

In the area around NE8 1YL, 26.3% of residents are recorded as possessing school level qualifications and 28.8% as possessing degree level qualifications.

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Average age of residents

around NE8 1YL

Average age

The most recent census in 2021 recorded the age of all UK residents.

In the area around NE8 1YL, the average age was 38.1 and the most common age was 27.

This area:

North East:

England & Wales:

Age distribution

The graph below shows how this compares to North East and the rest of England & Wales

Source: ONS Census (2021)

Number of second homes

around NE8 1YL

The recent census recorded whether a property was a primary or secondary home for the resident.

In the area around NE8 1YL, 0.0% of property was a second home.

Comparison figures for North East and the rest of England & Wales are listed below.

Source: ONS Census (2021)

Average cars per home

around NE8 1YL

The recent census recorded the number of cars registered in each household.

In the area around NE8 1YL, there are an average of 0.4 cars per household.

See below for how this compares to North East and the rest of England & Wales.

Source: ONS Census (2021)

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Home ownership nearby

around NE8 1YL

The recent census recorded whether a resident owned or rented their home.

In the area around NE8 1YL, 54.5% of property is privately rented and 19.3% is socially rented.

The graph below shows how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

Education levels in the area

around NE8 1YL

The recent census recorded the highest level of education achieved by residents in the local area.

In the area around NE8 1YL, 26.3% of residents are recorded as possessing school level qualifications and 28.8% as possessing degree level qualifications.

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Average age of residents

around NE8 1YL

Average age

The most recent census in 2021 recorded the age of all UK residents.

In the area around NE8 1YL, the average age was 38.1 and the most common age was 27.

This area:

North East:

England & Wales:

Age distribution

The graph below shows how this compares to North East and the rest of England & Wales

Source: ONS Census (2021)

Number of second homes

around NE8 1YL

The recent census recorded whether a property was a primary or secondary home for the resident.

In the area around NE8 1YL, 0.0% of property was a second home.

Comparison figures for North East and the rest of England & Wales are listed below.

Source: ONS Census (2021)

Average cars per home

around NE8 1YL

The recent census recorded the number of cars registered in each household.

In the area around NE8 1YL, there are an average of 0.4 cars per household.

See below for how this compares to North East and the rest of England & Wales.

Source: ONS Census (2021)