Shakespeare Avenue - NE31 1PZ
Key Postcode Insights
NE31 1PZ is a residential postcode situated on Shakespeare Avenue, Hebburn, NE31 with 41 addresses.
It ranks as the 988th largest and 325th most expensive of the 1,113 postcodes in the NE31 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 41 properties: 41 houses.
- Ave. Sale Price
- £118,317
- 10 Year change
- up 37.5%
- Ave. Rental Price
- £747pcm
- 10 Year change
- up 62.1%
- Ave. £ per ft²
- £162/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Key Postcode Insights
NE31 1PZ is a residential postcode situated on Shakespeare Avenue, Hebburn, NE31 with 41 addresses.
It ranks as the 988th largest and 325th most expensive of the 1,113 postcodes in the NE31 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 41 properties: 41 houses.
- Ave. Sale Price
- £118,317
- 10 Year change
- up 37.5%
- Ave. Rental Price
- £747pcm
- 10 Year change
- up 62.1%
- Ave. £ per ft²
- £162/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Explore Propertiesin NE31 1PZ
- 45 Shakespeare Avenue
3 Bed Mid-century House
- 47 Shakespeare Avenue
3 Bed Early-century House
- 49 Shakespeare Avenue
3 Bed Early-century House
- 51 Shakespeare Avenue
3 Bed Early-century House
Sales Market Trends
The last sale in NE31 1PZ sold for £82,500 on 18th August 2023. Since then prices are up an average of 25.8%.
The current average value in the postcode is £118,317.
The NE31 1PZ Sales Market has increased by 37.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £118,317 |
| June 2025 | 3.6% | £115,493 |
| June 2024 | 4% | £111,445 |
| June 2023 | 0.5% | £107,187 |
| June 2022 | 10.8% | £106,686 |
| June 2021 | 3.8% | £96,324 |
| June 2020 | 5.5% | £92,823 |
| June 2019 | -0.5% | £88,012 |
| June 2018 | 2% | £88,440 |
| June 2017 | 0.8% | £86,708 |
| June 2016 | 2.8% | £86,038 |
| June 2015 | -0.6% | £83,671 |
| June 2014 | 3.8% | £84,194 |
| June 2013 | 2.9% | £81,146 |
| June 2012 | -4.9% | £78,846 |
| June 2011 | -2.3% | £82,909 |
| June 2010 | 1.1% | £84,854 |
| June 2009 | -13.7% | £83,940 |
| June 2008 | -1.9% | £97,318 |
| June 2007 | 0% | £99,239 |
Rental Market Trends
The current average rental value in the postcode is £747.
The NE31 1PZ Rental Market has increased by 62.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £747pcm |
| June 2025 | 4.5% | £722pcm |
| June 2024 | 10.6% | £691pcm |
| June 2023 | 10.3% | £625pcm |
| June 2022 | 11.1% | £567pcm |
| June 2021 | 7.4% | £510pcm |
| June 2020 | 3% | £475pcm |
| June 2019 | -0.3% | £461pcm |
| June 2018 | -0.2% | £463pcm |
| June 2017 | 0.5% | £463pcm |
| June 2016 | 1% | £461pcm |
| June 2015 | 0.9% | £457pcm |
| June 2014 | 0.6% | £453pcm |
| June 2013 | 1.3% | £450pcm |
| June 2012 | 1% | £444pcm |
| June 2011 | 0.5% | £440pcm |
| June 2010 | 0.2% | £438pcm |
| June 2009 | -7% | £437pcm |
| June 2008 | 4.2% | £470pcm |
| June 2007 | 0% | £450pcm |
Sales History
The last sale was on 18th August 2023 for £82,500 and since then the market in the area has increased by 25.8%. The postcode has had a total of 6 sales since 1995.
NE31 1PZ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2023£82,500 | 3 Bed House60, Shakespeare Avenue, Hebburn, NE31 1PZ60, Shakespeare Avenue, Hebburn, NE31 1PZ
- Sold Feb 2021£103,710 | 3 Bed House88, Shakespeare Avenue, Hebburn, NE31 1PZ88, Shakespeare Avenue, Hebburn, NE31 1PZ
- Sold Jan 2013£80,000 | 3 Bed House98, Shakespeare Avenue, Hebburn, NE31 1PZ98, Shakespeare Avenue, Hebburn, NE31 1PZ
- Sold Dec 2012£97,000 | 3 Bed House45, Shakespeare Avenue, Hebburn, NE31 1PZ45, Shakespeare Avenue, Hebburn, NE31 1PZ
- Sold Dec 2010£63,000 | 3 Bed House60, Shakespeare Avenue, Hebburn, NE31 1PZ60, Shakespeare Avenue, Hebburn, NE31 1PZ
Nearby Postcodes
NE31 1PZ is the 988th largest and the 325th most expensive postcode out of the 1,113 postcodes in the NE31 area.
- NE31 1HD, Hedgeley Road, Hebburn, NE31NE31 1HD30 Addresses|51 m away
- NE31 1QA, Tennyson Avenue, Hebburn, NE31NE31 1QA14 Addresses|75 m away
- NE31 1PY, Milton Avenue, Hebburn, NE31NE31 1PY8 Addresses|107 m away
- NE31 1PX, Milton Avenue, Hebburn, NE31NE31 1PX8 Addresses|112 m away
- NE31 1JJ, Byron Avenue, Hebburn, NE31NE31 1JJ8 Addresses|125 m away
Property Types
- 9 mid-century houses built between 1936 and 1979
- 26 early-century houses built between 1912 and 1935
- 6 other addresses of unknown type
- mid-century house (9)
- early-century house (26)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 35 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (9)
- G (0)
- D (25)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Feb 2021£103,710 | 3 Bed House88, Shakespeare Avenue, Hebburn, NE31 1PZ88, Shakespeare Avenue, Hebburn, NE31 1PZ
- Sold Oct 2021£100,000 | 3 Bed House18, Shakespeare Avenue, Hebburn, NE31 1PT18, Shakespeare Avenue, Hebburn, NE31 1PT
- Sold Dec 2012£97,000 | 3 Bed House45, Shakespeare Avenue, Hebburn, NE31 1PZ45, Shakespeare Avenue, Hebburn, NE31 1PZ
Schools Nearby
- St Oswald's CofE Aided Primary School500 m away
- St Aloysius Catholic Junior School Academy500 m away
- St Aloysius Catholic Infant School, Hebburn500 m away
- Hebburn Comprehensive School1.2 km away
- Jarrow School1.4 km away
- Burnside College2.0 km away
More reading links
Public Transport Nearby
The closest station to NE31 1PZ is Heworth station, which is 4.2 kilometres away.
- Heworth|4.2 km away
- Manors|6.1 km away
- Northumberland Park (Tyne & Wear)|6.2 km away
- Newcastle|7.0 km away
