College Road - NE31 2LY
Key Postcode Insights
NE31 2LY is a residential postcode situated on College Road, Hebburn, NE31 with 42 addresses.
It ranks as the 1005th largest and 757th most expensive of the 1,113 postcodes in the NE31 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 42 properties: 25 houses and 17 other properties.
- Ave. Sale Price
- £163,288
- 10 Year change
- up 33.7%
- Ave. Rental Price
- £948pcm
- 10 Year change
- up 57.9%
- Ave. £ per ft²
- £164/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
NE31 2LY is a residential postcode situated on College Road, Hebburn, NE31 with 42 addresses.
It ranks as the 1005th largest and 757th most expensive of the 1,113 postcodes in the NE31 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 42 properties: 25 houses and 17 other properties.
- Ave. Sale Price
- £163,288
- 10 Year change
- up 33.7%
- Ave. Rental Price
- £948pcm
- 10 Year change
- up 57.9%
- Ave. £ per ft²
- £164/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Properties in NE31 2LY
- 1 College Road
House
- 2 College Road
House
- 3 College Road
3 Bed Mid-century House
- 4 College Road
House
- 5 College Road
2 Bed Early-century House
Sales Market Trends
The last sale in NE31 2LY sold for £165,000 on 30th July 2024. Since then prices are up an average of 4.8%.
The current average value in the postcode is £163,288.
The NE31 2LY Sales Market has increased by 33.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £163,288 |
| June 2025 | 2.6% | £160,226 |
| June 2024 | 3.4% | £156,161 |
| June 2023 | 1.5% | £151,031 |
| June 2022 | 9.3% | £148,861 |
| June 2021 | 2.7% | £136,165 |
| June 2020 | 5.5% | £132,638 |
| June 2019 | -0.3% | £125,700 |
| June 2018 | 2.3% | £126,056 |
| June 2017 | 0.9% | £123,271 |
| June 2016 | 3% | £122,151 |
| June 2015 | 0.5% | £118,541 |
| June 2014 | 3.8% | £118,006 |
| June 2013 | 2.8% | £113,688 |
| June 2012 | -4.6% | £110,620 |
| June 2011 | -1.1% | £115,905 |
| June 2010 | 4.1% | £117,144 |
| June 2009 | -11.7% | £112,517 |
| June 2008 | -1.9% | £127,383 |
| June 2007 | 0% | £129,784 |
Rental Market Trends
The current average rental value in the postcode is £948.
The NE31 2LY Rental Market has increased by 57.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £948pcm |
| June 2025 | 3.6% | £921pcm |
| June 2024 | 10% | £889pcm |
| June 2023 | 11.1% | £808pcm |
| June 2022 | 10.1% | £728pcm |
| June 2021 | 6% | £661pcm |
| June 2020 | 3.3% | £624pcm |
| June 2019 | -0.2% | £604pcm |
| June 2018 | 0.1% | £605pcm |
| June 2017 | 0.6% | £604pcm |
| June 2016 | 1.4% | £601pcm |
| June 2015 | 1.8% | £593pcm |
| June 2014 | 0.6% | £582pcm |
| June 2013 | 1.3% | £579pcm |
| June 2012 | 1.1% | £571pcm |
| June 2011 | 1.7% | £565pcm |
| June 2010 | 3.3% | £556pcm |
| June 2009 | -4.9% | £538pcm |
| June 2008 | 4.3% | £566pcm |
| June 2007 | 0% | £542pcm |
Sales History
The last recorded sale was on 30th July 2024 for £165,000 and since then the market in the area has increased by 4.8%.
NE31 2LY has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Jul 2024£165,000 | 3 Bed House34, College Road, Hebburn, NE31 2LY34, College Road, Hebburn, NE31 2LY
- Sold Apr 2024£150,000 | 3 Bed House7, College Road, Hebburn, NE31 2LY7, College Road, Hebburn, NE31 2LY
- Sold Nov 2022£145,000 | 3 Bed House10, College Road, Hebburn, NE31 2LY10, College Road, Hebburn, NE31 2LY
Nearby Postcodes
NE31 2LY is the 1005th largest and the 757th most expensive postcode out of the 1,113 postcodes in the NE31 area.
- NE31 2ET, Mill Lane, Hebburn, NE31NE31 2ET20 Addresses|50 m away
- NE31 2LU, Crawley Avenue, Hebburn, NE31NE31 2LU15 Addresses|93 m away
- NE31 2LT, Crawley Avenue, Hebburn, NE31NE31 2LT22 Addresses|155 m away
- NE31 2LL, Lobban Avenue, Hebburn, NE31NE31 2LL9 Addresses|158 m away
- NE31 2LX, Titlington Grove, Hebburn, NE31NE31 2LX14 Addresses|162 m away
Property Types
- 23 mid-century houses built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 17 other addresses of unknown type
- mid-century house (23)
- early-century house (2)
- Unknown (17)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 25 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (7)
- G (0)
- D (15)
- No EPC (17)
Top 3 Most Expensive Sales
- Sold Sep 2021£188,000 | 4 Bed House33, College Road, Hebburn, NE31 2LY33, College Road, Hebburn, NE31 2LY
- Sold Jul 2024£165,000 | 3 Bed House34, College Road, Hebburn, NE31 2LY34, College Road, Hebburn, NE31 2LY
- Sold Sep 2020£161,000 | 3 Bed House16, College Road, Hebburn, NE31 2LY16, College Road, Hebburn, NE31 2LY
Schools Nearby
- Toner Avenue Primary School200 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 2LY is Heworth station, which is 2.5 kilometres away.
- Heworth|2.5 km away
- Manors|5.5 km away
- Newcastle|6.2 km away
- Dunston|7.8 km away