Penrith Road - NE31 2RG
Key Postcode Insights
NE31 2RG is a residential postcode situated on Penrith Road, Hebburn, NE31 with 8 addresses.
It ranks as the 202nd largest and 365th 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 8 properties: 5 houses and 3 flats.
- Ave. Sale Price
- £108,983
- 10 Year change
- up 23.9%
- Ave. Rental Price
- £762pcm
- 10 Year change
- up 46.3%
- Ave. £ per ft²
- £141/ft²
- Ave. Gross Yield
- 8.4%/year/yr
Key Postcode Insights
NE31 2RG is a residential postcode situated on Penrith Road, Hebburn, NE31 with 8 addresses.
It ranks as the 202nd largest and 365th 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 8 properties: 5 houses and 3 flats.
- Ave. Sale Price
- £108,983
- 10 Year change
- up 23.9%
- Ave. Rental Price
- £762pcm
- 10 Year change
- up 46.3%
- Ave. £ per ft²
- £141/ft²
- Ave. Gross Yield
- 8.4%/year/yr
Explore Propertiesin NE31 2RG
- 1 Penrith Road
3 Bed Mid-century House
- 3 Penrith Road
2 Bed Mid-century Flat
- 5 Penrith Road
Unknown
- 7 Penrith Road
3 Bed Mid-century House
- 9 Penrith Road
Unknown
Sales Market Trends
The current average value in the postcode is £108,983.
The NE31 2RG Sales Market has increased by 23.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £108,983 |
| June 2025 | 2.3% | £106,919 |
| June 2024 | 4% | £104,546 |
| June 2023 | -0.3% | £100,488 |
| June 2022 | 8.5% | £100,780 |
| June 2021 | 1.3% | £92,852 |
| June 2020 | 5.3% | £91,628 |
| June 2019 | -1.3% | £86,995 |
| June 2018 | 0.8% | £88,160 |
| June 2017 | -0.6% | £87,429 |
| June 2016 | 2.5% | £87,929 |
| June 2015 | -1% | £85,770 |
| June 2014 | 2.8% | £86,618 |
| June 2013 | 2.4% | £84,235 |
| June 2012 | -5.5% | £82,271 |
| June 2011 | -1.6% | £87,072 |
| June 2010 | 0.8% | £88,454 |
| June 2009 | -13.1% | £87,766 |
| June 2008 | -2.6% | £101,029 |
| June 2007 | 0% | £103,686 |
Rental Market Trends
The current average rental value in the postcode is £762.
The NE31 2RG Rental Market has increased by 46.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £762pcm |
| June 2025 | 3.2% | £740pcm |
| June 2024 | 10.7% | £717pcm |
| June 2023 | 9.6% | £648pcm |
| June 2022 | 8.8% | £592pcm |
| June 2021 | 4.9% | £544pcm |
| June 2020 | 2.8% | £518pcm |
| June 2019 | -1.1% | £504pcm |
| June 2018 | -1.3% | £510pcm |
| June 2017 | -0.8% | £517pcm |
| June 2016 | 0.6% | £521pcm |
| June 2015 | 0.6% | £518pcm |
| June 2014 | -0.3% | £515pcm |
| June 2013 | 0.8% | £516pcm |
| June 2012 | 0.4% | £513pcm |
| June 2011 | 1.2% | £510pcm |
| June 2010 | 0% | £504pcm |
| June 2009 | -6.3% | £504pcm |
| June 2008 | 3.6% | £538pcm |
| June 2007 | 0% | £520pcm |
Nearby Postcodes
NE31 2RG is the 202nd largest and the 365th most expensive postcode out of the 1,113 postcodes in the NE31 area.
- NE31 2RJ, Penrith Road, Hebburn, NE31NE31 2RJ42 Addresses|99 m away
- NE31 2BN, Finchale Road, Hebburn, NE31NE31 2BN7 Addresses|100 m away
- NE31 2RQ, Hautmont Road, Hebburn, NE31NE31 2RQ62 Addresses|103 m away
- NE31 2RH, Hebburn, NE31NE31 2RH45 Addresses|133 m away
- NE31 2EB, Arlington Road, Hebburn, NE31NE31 2EB6 Addresses|162 m away
Property Types
- 3 mid-century houses built between 1936 and 1979
- 3 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century house (3)
- mid-century flat (3)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (3)
- No EPC (2)
Schools Nearby
- Hebburn Lakes Primary School200 m away
- St James' Catholic Primary School, Hebburn300 m away
- Bede Burn Primary School500 m away
- Hebburn Comprehensive School500 m away
- Jarrow School1.2 km away
- St Joseph's Catholic Academy1.4 km away
More reading links
Public Transport Nearby
The closest station to NE31 2RG is Heworth station, which is 3.7 kilometres away.
- Heworth|3.7 km away
- Manors|6.4 km away
- Newcastle|7.1 km away
- Northumberland Park (Tyne & Wear)|7.3 km away
