Mill Lane - NE31 2ET
Key Postcode Insights
NE31 2ET is a residential postcode situated on Mill Lane, Hebburn, NE31 with 20 addresses.
It ranks as the 627th largest of the 1,113 postcodes in the NE31 area.
The postcode contains a total of 20 properties: 9 houses and 11 other properties.
- Ave. Sale Price
- £154,677
- 10 Year change
- up 33.8%
- Ave. Rental Price
- £911pcm
- 10 Year change
- up 58.0%
- Ave. £ per ft²
- £154/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Key Postcode Insights
NE31 2ET is a residential postcode situated on Mill Lane, Hebburn, NE31 with 20 addresses.
It ranks as the 627th largest of the 1,113 postcodes in the NE31 area.
The postcode contains a total of 20 properties: 9 houses and 11 other properties.
- Ave. Sale Price
- £154,677
- 10 Year change
- up 33.8%
- Ave. Rental Price
- £911pcm
- 10 Year change
- up 58.0%
- Ave. £ per ft²
- £154/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Explore Properties in NE31 2ET
- 28 Mill Lane
House
- 30 Mill Lane
House
- 32 Mill Lane
3 Bed Mid-century House
- 34 Mill Lane
House
- 36 Mill Lane
3 Bed Mid-century House
Sales Market Trends
The last sale in NE31 2ET sold for £130,000 on 9th November 2021. Since then prices are up an average of 25.4%.
The current average value in the postcode is £154,677.
The NE31 2ET Sales Market has increased by 33.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £154,677 |
| June 2025 | 2.5% | £151,393 |
| June 2024 | 3.4% | £147,646 |
| June 2023 | 1.5% | £142,818 |
| June 2022 | 9.3% | £140,726 |
| June 2021 | 2.5% | £128,709 |
| June 2020 | 5.6% | £125,555 |
| June 2019 | -0.4% | £118,944 |
| June 2018 | 2.3% | £119,457 |
| June 2017 | 1% | £116,753 |
| June 2016 | 3.1% | £115,616 |
| June 2015 | 0.5% | £112,189 |
| June 2014 | 3.8% | £111,593 |
| June 2013 | 2.7% | £107,527 |
| June 2012 | -4.5% | £104,690 |
| June 2011 | -1% | £109,654 |
| June 2010 | 4.4% | £110,752 |
| June 2009 | -11.5% | £106,130 |
| June 2008 | -1.9% | £119,858 |
| June 2007 | 0% | £122,118 |
Rental Market Trends
The current average rental value in the postcode is £911.
The NE31 2ET Rental Market has increased by 58.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £911pcm |
| June 2025 | 3.5% | £883pcm |
| June 2024 | 10% | £853pcm |
| June 2023 | 11.1% | £776pcm |
| June 2022 | 10.1% | £698pcm |
| June 2021 | 5.9% | £634pcm |
| June 2020 | 3.3% | £599pcm |
| June 2019 | -0.3% | £580pcm |
| June 2018 | 0.2% | £582pcm |
| June 2017 | 0.7% | £581pcm |
| June 2016 | 1.4% | £577pcm |
| June 2015 | 1.9% | £569pcm |
| June 2014 | 0.6% | £559pcm |
| June 2013 | 1.3% | £555pcm |
| June 2012 | 1.1% | £548pcm |
| June 2011 | 1.8% | £542pcm |
| June 2010 | 3.5% | £533pcm |
| June 2009 | -4.7% | £515pcm |
| June 2008 | 4.3% | £540pcm |
| June 2007 | 0% | £517pcm |
Sales History
The last recorded sale was on 9th November 2021 for £130,000 and since then the market in the area has increased by 25.4%.
NE31 2ET has had 3 sales since 1995, none of them in the last three years.
- Sold Nov 2021£130,000 | 3 Bed House54, Mill Lane, Hebburn, NE31 2ET54, Mill Lane, Hebburn, NE31 2ET
- Sold Apr 2020£125,000 | 3 Bed House60, Mill Lane, Hebburn, NE31 2ET60, Mill Lane, Hebburn, NE31 2ET
- Sold Dec 2017£125,000 | 3 Bed House62, Mill Lane, Hebburn, NE31 2ET62, Mill Lane, Hebburn, NE31 2ET
Nearby Postcodes
NE31 2ET is the 627th largest and the 699th most expensive postcode out of the 1,113 postcodes in the NE31 area.
- NE31 2LY, College Road, Hebburn, NE31NE31 2LY42 Addresses|50 m away
- NE31 2LU, Crawley Avenue, Hebburn, NE31NE31 2LU15 Addresses|121 m away
- NE31 2EU, Mill Lane, Hebburn, NE31NE31 2EU18 Addresses|169 m away
- NE31 2LX, Titlington Grove, Hebburn, NE31NE31 2LX14 Addresses|181 m away
- NE31 2EW, Mill Lane, Hebburn, NE31NE31 2EW27 Addresses|190 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 9 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (4)
- G (0)
- D (4)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Jul 2025£240,000 | 4 Bed House16, Mill Lane, Hebburn, NE31 2EW16, Mill Lane, Hebburn, NE31 2EW
- Sold Jan 2022£235,000 | 3 Bed House5, Mill Lane, Hebburn, NE31 2EW5, Mill Lane, Hebburn, NE31 2EW
- Sold Dec 2016£194,995 | 3 Bed House5, Mill Lane, Hebburn, NE31 2EW5, Mill Lane, Hebburn, NE31 2EW
Schools Nearby
- Toner Avenue Primary School300 m away
- St James' Catholic Primary School, Hebburn1.0 km away
- Bill Quay Primary School1.1 km away
- St Joseph's Catholic Academy200 m away
- Hebburn Comprehensive School900 m away
- Jarrow School2.4 km away
More reading links
Public Transport Nearby
The closest station to NE31 2ET is Heworth station, which is 2.5 kilometres away.
- Heworth|2.5 km away
- Manors|5.6 km away
- Newcastle|6.2 km away
- Dunston|7.8 km away
