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NE9 5HG

NE9 5HG

Last update: Sep 2024

Postcode Overview

of NE9 5HG

NE9 5HG is a residential postcode located on Megstone, Gateshead, NE9. It is the 629th largest postcode in the NE9 area.

It contains 13 flats and 3 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.

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Average property prices

in NE9 5HG

The average house value is £110,769. Sales values have increased in the last 12 months by 2.7% and Rental values have increased by 9.8%.

Property sale values range from £104,124 for a leasehold flat, with 2 bedrooms split across 603 square feet of gross internal area and has no outside space to £128,676 for a leasehold flat, with 3 bedrooms split across 928 square feet of gross internal area and has no outside space.

Average £/ft2 for properties in NE9 5HG is £160/ft2.

Properties achieve a rental yield of between 7.5% and 8.1%, and rental values range from £700 to £806 per month.

Sale value change
12 months
2.7%
Rental value change
12 months
9.8%
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Recent sales

within NE9 5HG

The last sale was 07 Feb 2020 for £75,000 and since then the market in the area has increased by 10.5%. The postcode has had a total of 4 sales since 1995.

NE9 5HG has seen no sales in the last three years and no sales in the last twelve months.

£75,000
Feb-2020
Sold
£98,000
Nov-2019
Sold
£105,000
Sep-2018
Sold
£114,950
Feb-2018
Sold
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Nearby postcodes

to NE9 5HG

NE9 5HG is the 629th largest and the 445th most expensive postcode out of the 1,522 postcodes in the NE9 area.

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Nearby postcodes

to NE9 5HG

NE9 5HG is the 629th largest and the 445th most expensive postcode out of the 1,522 postcodes in the NE9 area.

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Property types

in NE9 5HG

NE9 5HG is a residential postcode located on Megstone, Gateshead, NE9 with 13 flats and 3 unknown within its bounds.

The most common property type in NE9 5HG is a mid-century flat built between 1936 and 1979.

mid-century flat (12)
flat (1)
Unknown (3)
Energy Efficiency

Energy Efficiency

of properties within NE9 5HG

The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.

A (0)
E (1)
B (0)
F (1)
C (5)
G (0)
D (5)
No EPC (4)
Schools nearby

Schools nearby

to NE9 5HG

The nearest primary school to NE9 5HG is Kells Lane Primary School which is 500 metres away and is rated Good by Ofsted.
500 m
Kells Lane Primary School
Good
500 m
Oakfield Junior School - Part of Oakfield Schools Federation
Good
600 m
Oakfield Infant School - Part of Oakfield Schools Federation
Requires improvement
The nearest secondary school is Grace College which is 700 metres away and is rated RequiresImprovement by Ofsted.
700 m
Grace College
Requires improvement
1.5 km
Cardinal Hume Catholic School, Gateshead
Outstanding
3.3 km
Heworth Grange School
Requires improvement
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to NE9 5HG

The closest station to NE9 5HG is Heworth station which is 3.4 kilometres away.

3.4 km
Heworth
3.5 km
Dunston
4.2 km
Newcastle
4.5 km
Manors
Source: National Rail
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