NE31 2JL is a residential postcode situated on Medway Avenue, Hebburn, NE31 with 32 addresses.
It ranks as the 883rd largest and 539th most expensive of the 1,113 postcodes in the NE31 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 32 properties: 32 houses.
NE31 2JL is a residential postcode situated on Medway Avenue, Hebburn, NE31 with 32 addresses.
It ranks as the 883rd largest and 539th most expensive of the 1,113 postcodes in the NE31 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 32 properties: 32 houses.
Sale prices range from £106,713 for 2 bedroom freehold houses with a garden (516 ft2) to £144,327 for 3 bedroom freehold houses with a garden (925 ft2) .
Monthly rental prices range from £676 pcm for 2 bed houses to £864 pcm for 3 bed houses.
The gross rental yield is between 7.2% and 7.7%.
The average value per square foot is £161.
The last sale in NE31 2JL sold for £105,000 on 19th May 2025. Since then prices are up an average of 7.9%.
The current average value in the postcode is £136,910.
The NE31 2JL Sales Market has increased by 37.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £136,910 |
| April 2025 | 3.9% | £134,104 |
| April 2024 | 2.6% | £129,039 |
| April 2023 | 2% | £125,755 |
| April 2022 | 11% | £123,320 |
| April 2021 | 3.2% | £111,123 |
| April 2020 | 4.4% | £107,644 |
| April 2019 | 0.1% | £103,062 |
| April 2018 | 2.4% | £102,972 |
| April 2017 | 0.7% | £100,569 |
| April 2016 | 2.4% | £99,913 |
| April 2015 | 0.6% | £97,536 |
| April 2014 | 3.2% | £96,928 |
| April 2013 | 4.2% | £93,953 |
| April 2012 | -6.2% | £90,128 |
| April 2011 | 0.3% | £96,059 |
| April 2010 | -1.7% | £95,778 |
| April 2009 | -12.9% | £97,401 |
| April 2008 | -0.3% | £111,860 |
| April 2007 | 0% | £112,221 |
The current average rental value in the postcode is £836.
The NE31 2JL Rental Market has increased by 61.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.9% | £836pcm |
| April 2025 | 4.3% | £797pcm |
| April 2024 | 10.2% | £764pcm |
| April 2023 | 10.8% | £693pcm |
| April 2022 | 10.4% | £625pcm |
| April 2021 | 6.7% | £566pcm |
| April 2020 | 2% | £531pcm |
| April 2019 | -0.4% | £520pcm |
| April 2018 | 0.3% | £522pcm |
| April 2017 | 0.5% | £521pcm |
| April 2016 | 1.3% | £518pcm |
| April 2015 | 1.2% | £512pcm |
| April 2014 | 0.7% | £505pcm |
| April 2013 | 2.2% | £502pcm |
| April 2012 | 1.1% | £491pcm |
| April 2011 | 1% | £486pcm |
| April 2010 | -1.4% | £481pcm |
| April 2009 | -5% | £488pcm |
| April 2008 | 4.1% | £514pcm |
| April 2007 | 0% | £493pcm |
The last sale was on 19th May 2025 for £105,000 and since then the market in the area has increased by 7.9%. The postcode has had a total of 18 sales since 1995.
NE31 2JL has seen 1 sale in the last three years and no sales in the last twelve months.
NE31 2JL is the 883rd largest and the 539th most expensive postcode out of the 1,113 postcodes in the NE31 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around NE31 2JL, 55.9% of property is socially rented and 17.1% is privately owned with a mortgage.
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 2JL, 19.6% of residents are recorded as possessing school level qualifications and 14.8% 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 2JL, the average age was 40.5 and the most common age was 32.
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 2JL, 1.3% 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 2JL, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.