NE31 1BP is a residential postcode situated on Ellison Street, Hebburn, NE31 with 4 addresses.
It ranks as the 79th largest and 119th most expensive of the 1,113 postcodes in the NE31 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 flats.
NE31 1BP is a residential postcode situated on Ellison Street, Hebburn, NE31 with 4 addresses.
It ranks as the 79th largest and 119th most expensive of the 1,113 postcodes in the NE31 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 flats.
Sale prices range from £64,689 for 2 bedroom leasehold flats (702 ft2) to £81,900 for 3 bedroom leasehold flats (1,076 ft2) .
Monthly rental prices range from £466 pcm for 2 bed flats to £540 pcm for 3 bed flats.
The gross rental yield is between 7.9% and 8.6%.
The average value per square foot is £77.
The last sale in NE31 1BP sold for £77,950 on 1st June 2007. Since then prices are down an average of 1.7%.
The current average value in the postcode is £77,598.
The NE31 1BP Sales Market has increased by 16.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £77,598 |
| April 2025 | 3% | £77,571 |
| April 2024 | 2.7% | £75,288 |
| April 2023 | 0.4% | £73,289 |
| April 2022 | 6.7% | £72,984 |
| April 2021 | 1.3% | £68,422 |
| April 2020 | 3.1% | £67,566 |
| April 2019 | -0.7% | £65,536 |
| April 2018 | -0.1% | £66,001 |
| April 2017 | -0.4% | £66,074 |
| April 2016 | 1.6% | £66,371 |
| April 2015 | 0.6% | £65,306 |
| April 2014 | 2.2% | £64,891 |
| April 2013 | 1.6% | £63,468 |
| April 2012 | -5.6% | £62,470 |
| April 2011 | 0.6% | £66,169 |
| April 2010 | -1.8% | £65,794 |
| April 2009 | -13% | £66,993 |
| April 2008 | -1.3% | £76,990 |
| April 2007 | 0% | £78,032 |
The current average rental value in the postcode is £522.
The NE31 1BP Rental Market has increased by 37.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £522pcm |
| April 2025 | 3.6% | £507pcm |
| April 2024 | 10.4% | £489pcm |
| April 2023 | 8.3% | £443pcm |
| April 2022 | 6.6% | £409pcm |
| April 2021 | 4.2% | £384pcm |
| April 2020 | 1.2% | £368pcm |
| April 2019 | -1.4% | £364pcm |
| April 2018 | -2.1% | £369pcm |
| April 2017 | -0.8% | £377pcm |
| April 2016 | 1% | £380pcm |
| April 2015 | 0.7% | £376pcm |
| April 2014 | -0.6% | £373pcm |
| April 2013 | 0.1% | £376pcm |
| April 2012 | 0.9% | £375pcm |
| April 2011 | 1.4% | £372pcm |
| April 2010 | -1.8% | £367pcm |
| April 2009 | -4.5% | £373pcm |
| April 2008 | 2.8% | £391pcm |
| April 2007 | 0% | £380pcm |
The last sale was on 1st June 2007 for £77,950 and since then the market in the area has decreased by 1.7%. The postcode has had a total of 2 sales since 1995.
NE31 1BP has seen no sales in the last three years and no sales in the last twelve months.
NE31 1BP is the 79th largest and the 119th most expensive postcode out of the 1,113 postcodes in the NE31 area.
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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 NE31 1BP, 47.6% of property is socially rented and 18.6% is privately rented.
The graph below shows how this compares to North East 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 NE31 1BP, 13.9% of residents are recorded as possessing school level qualifications and 13.9% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE31 1BP, the average age was 41.3 and the most common age was 57.
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 NE31 1BP, 0.0% 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 NE31 1BP, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.