Mill Lane - NE31 2EU
Key Postcode Insights
NE31 2EU is a residential postcode situated on Mill Lane, Hebburn, NE31 with 18 addresses.
It ranks as the 552nd largest and 455th most expensive of the 1,113 postcodes in the NE31 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 18 properties: 5 houses, 8 flats and 5 other properties.
- Ave. Sale Price
- £105,585
- 10 Year change
- up 24.0%
- Ave. Rental Price
- £688pcm
- 10 Year change
- up 46.3%
- Ave. £ per ft²
- £161/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Key Postcode Insights
NE31 2EU is a residential postcode situated on Mill Lane, Hebburn, NE31 with 18 addresses.
It ranks as the 552nd largest and 455th most expensive of the 1,113 postcodes in the NE31 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 18 properties: 5 houses, 8 flats and 5 other properties.
- Ave. Sale Price
- £105,585
- 10 Year change
- up 24.0%
- Ave. Rental Price
- £688pcm
- 10 Year change
- up 46.3%
- Ave. £ per ft²
- £161/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Explore Properties in NE31 2EU
- 70 Mill Lane
House
- 72 Mill Lane
3 Bed Mid-century Flat
- 74 Mill Lane
2 Bed Mid-century Flat
- 76 Mill Lane
2 Bed Mid-century Flat
- 78 Mill Lane
2 Bed Mid-century Flat
Sales Market Trends
The last sale in NE31 2EU sold for £105,000 on 14th July 2025. Since then prices are up an average of 27.7%.
The current average value in the postcode is £105,585.
The NE31 2EU Sales Market has increased by 24.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £105,585 |
| June 2025 | 2.3% | £103,580 |
| June 2024 | 4% | £101,272 |
| June 2023 | -0.2% | £97,368 |
| June 2022 | 8.4% | £97,588 |
| June 2021 | 1.4% | £90,020 |
| June 2020 | 5.3% | £88,775 |
| June 2019 | -1.3% | £84,331 |
| June 2018 | 0.8% | £85,408 |
| June 2017 | -0.5% | £84,693 |
| June 2016 | 2.5% | £85,136 |
| June 2015 | -0.9% | £83,053 |
| June 2014 | 2.9% | £83,810 |
| June 2013 | 2.4% | £81,460 |
| June 2012 | -5.4% | £79,589 |
| June 2011 | -1.5% | £84,169 |
| June 2010 | 0.9% | £85,482 |
| June 2009 | -13.1% | £84,741 |
| June 2008 | -2.7% | £97,479 |
| June 2007 | 0% | £100,135 |
Rental Market Trends
The current average rental value in the postcode is £688.
The NE31 2EU Rental Market has increased by 46.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £688pcm |
| June 2025 | 3.2% | £669pcm |
| June 2024 | 10.6% | £648pcm |
| June 2023 | 9.6% | £586pcm |
| June 2022 | 8.8% | £535pcm |
| June 2021 | 4.9% | £492pcm |
| June 2020 | 2.8% | £469pcm |
| June 2019 | -1.1% | £456pcm |
| June 2018 | -1.3% | £461pcm |
| June 2017 | -0.8% | £467pcm |
| June 2016 | 0.6% | £470pcm |
| June 2015 | 0.6% | £467pcm |
| June 2014 | -0.3% | £465pcm |
| June 2013 | 0.8% | £466pcm |
| June 2012 | 0.4% | £462pcm |
| June 2011 | 1.3% | £461pcm |
| June 2010 | 0% | £455pcm |
| June 2009 | -6.3% | £455pcm |
| June 2008 | 3.5% | £485pcm |
| June 2007 | 0% | £469pcm |
Sales History
The last recorded sale was on 14th July 2025 for £105,000 and since then the market in the area has increased by 27.7%.
NE31 2EU has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Jul 2025£105,000 | 3 Bed House88, Mill Lane, Hebburn, NE31 2EU88, Mill Lane, Hebburn, NE31 2EU
- Sold Sep 2018£61,000 | 3 Bed Flat72, Mill Lane, Hebburn, NE31 2EU72, Mill Lane, Hebburn, NE31 2EU
- Sold Jun 2013£64,950 | 2 Bed Flat104, Mill Lane, Hebburn, NE31 2EU104, Mill Lane, Hebburn, NE31 2EU
Nearby Postcodes
NE31 2EU is the 552nd largest and the 455th most expensive postcode out of the 1,113 postcodes in the NE31 area.
- NE31 2LZ, College Road, Hebburn, NE31NE31 2LZ42 Addresses|77 m away
- NE31 2HS, Fountains Crescent, Hebburn, NE31NE31 2HS14 Addresses|154 m away
- NE31 2HP, Finchale Road, Hebburn, NE31NE31 2HP6 Addresses|168 m away
- NE31 2ET, Mill Lane, Hebburn, NE31NE31 2ET20 Addresses|169 m away
- NE31 2HR, Finchale Road, Hebburn, NE31NE31 2HR6 Addresses|182 m away
Property Types
- 4 mid-century houses built between 1936 and 1979
- 7 mid-century flats built between 1936 and 1979
- 1 flat of an unknown age
- 1 early-century house built between 1912 and 1935
- 5 other addresses of unknown type
- mid-century house (4)
- mid-century flat (7)
- flat (1)
- early-century house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 12 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (7)
- G (0)
- D (5)
- No EPC (6)
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 School400 m away
- St James' Catholic Primary School, Hebburn900 m away
- Hebburn Lakes Primary School1.2 km away
- St Joseph's Catholic Academy300 m away
- Hebburn Comprehensive School900 m away
- Jarrow School2.3 km away
More reading links
Public Transport Nearby
The closest station to NE31 2EU is Heworth station, which is 2.6 kilometres away.
- Heworth|2.6 km away
- Manors|5.7 km away
- Newcastle|6.4 km away
- Dunston|7.9 km away
