Hedgeley Road - NE31 1PW
Key Postcode Insights
NE31 1PW is a residential postcode situated on Hedgeley Road, Hebburn, NE31 with 8 addresses.
It ranks as the 189th largest and 132nd most expensive of the 1,113 postcodes in the NE31 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 8 properties: 8 flats.
- Ave. Sale Price
- £82,505
- 10 Year change
- up 22.5%
- Ave. Rental Price
- £562pcm
- 10 Year change
- up 44.6%
- Ave. £ per ft²
- £107/ft²
- Ave. Gross Yield
- 8.2%/year/yr
Key Postcode Insights
NE31 1PW is a residential postcode situated on Hedgeley Road, Hebburn, NE31 with 8 addresses.
It ranks as the 189th largest and 132nd most expensive of the 1,113 postcodes in the NE31 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 8 properties: 8 flats.
- Ave. Sale Price
- £82,505
- 10 Year change
- up 22.5%
- Ave. Rental Price
- £562pcm
- 10 Year change
- up 44.6%
- Ave. £ per ft²
- £107/ft²
- Ave. Gross Yield
- 8.2%/year/yr
Explore Propertiesin NE31 1PW
- 3 Hedgeley Road
3 Bed Early-century Flat
- 5 Hedgeley Road
2 Bed Early-century Flat
- 7 Hedgeley Road
3 Bed Early-century Flat
- 9 Hedgeley Road
3 Bed Early-century Flat
- 11 Hedgeley Road
Flat
Sales Market Trends
The last sale in NE31 1PW sold for £76,000 on 11th March 2022. Since then prices are up an average of 10.0%.
The current average value in the postcode is £82,505.
The NE31 1PW Sales Market has increased by 22.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £82,505 |
| June 2025 | 2.1% | £80,979 |
| June 2024 | 3.8% | £79,291 |
| June 2023 | 0.2% | £76,421 |
| June 2022 | 7.5% | £76,236 |
| June 2021 | 1.4% | £70,938 |
| June 2020 | 4.6% | £69,959 |
| June 2019 | -1.1% | £66,871 |
| June 2018 | 0.8% | £67,639 |
| June 2017 | -0.3% | £67,132 |
| June 2016 | 1.7% | £67,336 |
| June 2015 | -1.2% | £66,232 |
| June 2014 | 2.7% | £67,038 |
| June 2013 | 1.8% | £65,290 |
| June 2012 | -5.4% | £64,150 |
| June 2011 | -1.6% | £67,788 |
| June 2010 | 0.3% | £68,882 |
| June 2009 | -13.2% | £68,684 |
| June 2008 | -3.4% | £79,152 |
| June 2007 | 0% | £81,954 |
Rental Market Trends
The current average rental value in the postcode is £562.
The NE31 1PW Rental Market has increased by 44.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £562pcm |
| June 2025 | 2.9% | £545pcm |
| June 2024 | 10.5% | £530pcm |
| June 2023 | 9.5% | £479pcm |
| June 2022 | 8.4% | £438pcm |
| June 2021 | 4.4% | £404pcm |
| June 2020 | 2.7% | £387pcm |
| June 2019 | -1.2% | £377pcm |
| June 2018 | -1.2% | £381pcm |
| June 2017 | -0.7% | £386pcm |
| June 2016 | 0.2% | £389pcm |
| June 2015 | -0.2% | £388pcm |
| June 2014 | -0.5% | £389pcm |
| June 2013 | 0.4% | £391pcm |
| June 2012 | -0.1% | £389pcm |
| June 2011 | 1.3% | £389pcm |
| June 2010 | -0.6% | £385pcm |
| June 2009 | -6.4% | £387pcm |
| June 2008 | 2.6% | £413pcm |
| June 2007 | 0% | £403pcm |
Sales History
The last sale was on 11th March 2022 for £76,000 and since then the market in the area has increased by 10.0%. The postcode has had a total of 10 sales since 1995.
NE31 1PW has seen no sales in the last three years and no sales in the last twelve months.
- Sold Mar 2022£76,000 | 3 Bed Flat3, Hedgeley Road, Hebburn, NE31 1PW3, Hedgeley Road, Hebburn, NE31 1PW
- Sold Oct 2021£60,000 | 3 Bed Flat7, Hedgeley Road, Hebburn, NE31 1PW7, Hedgeley Road, Hebburn, NE31 1PW
- Sold Dec 2013£63,000 | 3 Bed Flat3, Hedgeley Road, Hebburn, NE31 1PW3, Hedgeley Road, Hebburn, NE31 1PW
- Sold Sep 2006£70,000 | 3 Bed Flat7, Hedgeley Road, Hebburn, NE31 1PW7, Hedgeley Road, Hebburn, NE31 1PW
- Sold Feb 2004£45,000 | 3 Bed Flat13, Hedgeley Road, Hebburn, NE31 1PW13, Hedgeley Road, Hebburn, NE31 1PW
Nearby Postcodes
NE31 1PW is the 189th largest and the 132nd most expensive postcode out of the 1,113 postcodes in the NE31 area.
- NE31 1FD, May Close, Hebburn, NE31NE31 1FD28 Addresses|48 m away
- NE31 1XS, Aln Street, Hebburn, NE31NE31 1XS20 Addresses|49 m away
- NE31 1EX, Hedgeley Road, Hebburn, NE31NE31 1EX1 Addresses|57 m away
- NE31 1XP, Tweed Street, Hebburn, NE31NE31 1XP36 Addresses|57 m away
- NE31 1NX, Station Road, Hebburn, NE31NE31 1NX3 Addresses|84 m away
Property Types
- 5 early-century flats built between 1912 and 1935
- 3 other addresses of unknown type
- early-century flat (5)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (2)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Nov 2020£180,000 | 5 Bed House138, Hedgeley Road, Hebburn, NE31 1HE138, Hedgeley Road, Hebburn, NE31 1HE
- Sold May 2022£145,000 | 3 Bed House243, Hedgeley Road, Hebburn, NE31 1HF243, Hedgeley Road, Hebburn, NE31 1HF
- Sold Sep 2022£126,000 | 3 Bed House31, Hedgeley Road, Hebburn, NE31 1PP31, Hedgeley Road, Hebburn, NE31 1PP
Schools Nearby
- St Aloysius Catholic Infant School, Hebburn500 m away
- St Aloysius Catholic Junior School Academy500 m away
- Hebburn Lakes Primary School900 m away
- Hebburn Comprehensive School900 m away
- St Joseph's Catholic Academy1.7 km away
- Walker Riverside Academy1.8 km away
More reading links
Public Transport Nearby
The closest station to NE31 1PW is Heworth station, which is 3.5 kilometres away.
- Heworth|3.5 km away
- Manors|5.5 km away
- Newcastle|6.3 km away
- Northumberland Park (Tyne & Wear)|6.5 km away