Balfour Terrace - NE17 7JE
Key Postcode Insights
NE17 7JE is a residential postcode situated on Balfour Terrace, Chopwell, Newcastle Upon Tyne, NE17 with 10 addresses.
It ranks as the 222nd largest and 2nd most expensive of the 469 postcodes in the NE17 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £40,993
- 10 Year change
- up 38.7%
- Ave. Rental Price
- £267pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £41/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Key Postcode Insights
NE17 7JE is a residential postcode situated on Balfour Terrace, Chopwell, Newcastle Upon Tyne, NE17 with 10 addresses.
It ranks as the 222nd largest and 2nd most expensive of the 469 postcodes in the NE17 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £40,993
- 10 Year change
- up 38.7%
- Ave. Rental Price
- £267pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £41/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Explore Propertiesin NE17 7JE
- 1 Balfour Terrace
Unknown
- 2 Balfour Terrace
Unknown
- 3 Balfour Terrace
Unknown
- 4 Balfour Terrace
3 Bed Early-century House
- 5 Balfour Terrace
3 Bed Early-century House
Sales Market Trends
The last sale in NE17 7JE sold for £50,000 on 4th April 2025. Since then prices are up an average of 3.1%.
The current average value in the postcode is £40,993.
The NE17 7JE Sales Market has increased by 38.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £40,993 |
| June 2025 | 2.3% | £40,237 |
| June 2024 | 0.1% | £39,319 |
| June 2023 | 2.6% | £39,289 |
| June 2022 | 9.3% | £38,279 |
| June 2021 | 10% | £35,021 |
| June 2020 | -0.2% | £31,848 |
| June 2019 | -0.9% | £31,916 |
| June 2018 | 2.5% | £32,194 |
| June 2017 | 6.3% | £31,416 |
| June 2016 | -2.3% | £29,547 |
| June 2015 | 0.6% | £30,232 |
| June 2014 | 3.8% | £30,059 |
| June 2013 | 1.4% | £28,961 |
| June 2012 | 6.4% | £28,556 |
| June 2011 | -10.3% | £26,836 |
| June 2010 | -2.2% | £29,933 |
| June 2009 | -11.7% | £30,606 |
| June 2008 | -2.3% | £34,648 |
| June 2007 | 0% | £35,465 |
Rental Market Trends
The current average rental value in the postcode is £267.
The NE17 7JE Rental Market has increased by 56.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £267pcm |
| June 2025 | 6.6% | £258pcm |
| June 2024 | 7.9% | £242pcm |
| June 2023 | 8.7% | £224pcm |
| June 2022 | 9.9% | £206pcm |
| June 2021 | 6.4% | £187pcm |
| June 2020 | 1.4% | £176pcm |
| June 2019 | -1.6% | £174pcm |
| June 2018 | 0.2% | £176pcm |
| June 2017 | 2.9% | £176pcm |
| June 2016 | -2.1% | £171pcm |
| June 2015 | 2.9% | £175pcm |
| June 2014 | 0.2% | £170pcm |
| June 2013 | 0.1% | £170pcm |
| June 2012 | -0.2% | £169pcm |
| June 2011 | 0.6% | £170pcm |
| June 2010 | 0.4% | £169pcm |
| June 2009 | -3.7% | £168pcm |
| June 2008 | -0.1% | £174pcm |
| June 2007 | 0% | £175pcm |
Sales History
The last sale was on 4th April 2025 for £50,000 and since then the market in the area has increased by 3.1%. The postcode has had a total of 10 sales since 1995.
NE17 7JE has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Apr 2025£50,000 | 2 Bed House9, Balfour Terrace, Newcastle Upon Tyne, NE17 7JE9, Balfour Terrace, Newcastle Upon Tyne, NE17 7JE
- Sold Aug 2024£37,000 | 3 Bed House8, Balfour Terrace, Newcastle Upon Tyne, NE17 7JE8, Balfour Terrace, Newcastle Upon Tyne, NE17 7JE
- Sold Jul 2014£80,000 | 3 Bed House6, Balfour Terrace, Newcastle Upon Tyne, NE17 7JE6, Balfour Terrace, Newcastle Upon Tyne, NE17 7JE
- Sold Jul 2007£87,000 | 3 Bed House8, Balfour Terrace, Newcastle Upon Tyne, NE17 7JE8, Balfour Terrace, Newcastle Upon Tyne, NE17 7JE
- Sold Jan 2007£80,000 | 3 Bed House8, Balfour Terrace, Newcastle Upon Tyne, NE17 7JE8, Balfour Terrace, Newcastle Upon Tyne, NE17 7JE
Nearby Postcodes
NE17 7JE is the 222nd largest and the 2nd most expensive postcode out of the 469 postcodes in the NE17 area.
- NE17 7JQ, Havelock Terrace, Chopwell, Newcastle Upon Tyne, NE17NE17 7JQ8 Addresses|27 m away
- NE17 7JD, Mill Road, Chopwell, Newcastle Upon Tyne, NE17NE17 7JD1 Addresses|44 m away
- NE17 7JF, Joseph Terrace, Chopwell, Newcastle Upon Tyne, NE17NE17 7JF12 Addresses|45 m away
- NE17 7JG, Beaconsfield Terrace, Chopwell, Newcastle Upon Tyne, NE17NE17 7JG13 Addresses|57 m away
- NE17 7JH, William Street, Chopwell, Newcastle Upon Tyne, NE17NE17 7JH34 Addresses|67 m away
Property Types
- 1 house of an unknown age
- 4 early-century houses built between 1912 and 1935
- 5 other addresses of unknown type
- house (1)
- early-century house (4)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (3)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Jun 2025£200,000 | 3 Bed House21, Balfour Terrace, Newcastle Upon Tyne, NE17 7JW21, Balfour Terrace, Newcastle Upon Tyne, NE17 7JW
- Sold Sep 2015£154,500 | 3 Bed House21, Balfour Terrace, Newcastle Upon Tyne, NE17 7JW21, Balfour Terrace, Newcastle Upon Tyne, NE17 7JW
- Sold Mar 2009£150,000 | 4 Bed House22, Balfour Terrace, Newcastle Upon Tyne, NE17 7JW22, Balfour Terrace, Newcastle Upon Tyne, NE17 7JW
Schools Nearby
- Chopwell Primary School200 m away
- High Spen Primary School2.6 km away
- Ebchester CofE Primary School3.0 km away
- Prudhoe Community High School4.7 km away
- Thorp Academy6.7 km away
- Consett Academy6.7 km away
More reading links
Public Transport Nearby
The closest station to NE17 7JE is Prudhoe station, which is 6.1 kilometres away.
- Prudhoe|6.1 km away
- Wylam|6.4 km away
- Stocksfield|7.0 km away
- Blaydon|8.7 km away
