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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE31 2RJHouse Prices / North East, South Tyneside, Penrith Road
Last updated May 2026
Key Postcode Insights
NE31 2RJ is a residential postcode situated on Penrith Road, Hebburn, NE31 with 42 addresses.
It ranks as the 1009th largest and 36th most expensive of the 1,113 postcodes in the NE31 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 42 properties: 42 flats.
42
Properties
- Flats
Key Postcode Insights
NE31 2RJ is a residential postcode situated on Penrith Road, Hebburn, NE31 with 42 addresses.
It ranks as the 1009th largest and 36th most expensive of the 1,113 postcodes in the NE31 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 42 properties: 42 flats.
42
Properties
- Flats
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House Pricesin NE31 2RJ
Sale prices range from £64,689 for 2 bedroom Leasehold flats (635 ft2) to £64,689 for 2 bedroom Leasehold flats (635 ft2) .
Monthly rental prices range from £466 pcm for 2 bed flats to £466 pcm for 2 bed flats.
The gross rental yield is between 8.6% and 8.6%.
The average value per square foot is £102.
Average Sale Value
£64,689
Average Rental Value
£466 pcm
Average Rental Yield
8.6% /year
Average Value Per Sqft
£102 /ft2
Sales Market Trendsin NE31 2RJ
The current average value in the postcode is £64,689.
The NE31 2RJ Sales Market has increased by 16.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.2% | £64,689 |
| April 2025 | 2.7% | £64,581 |
| April 2024 | 2.9% | £62,877 |
| April 2023 | 0.1% | £61,087 |
| April 2022 | 8% | £61,006 |
| April 2021 | 0.6% | £56,465 |
| April 2020 | 3.5% | £56,129 |
| April 2019 | -0.9% | £54,247 |
| April 2018 | 0.1% | £54,760 |
| April 2017 | -1.3% | £54,703 |
| April 2016 | 1.6% | £55,447 |
| April 2015 | -0.4% | £54,563 |
| April 2014 | 0.8% | £54,796 |
| April 2013 | 2.6% | £54,356 |
| April 2012 | -6.7% | £52,967 |
| April 2011 | -0.1% | £56,766 |
| April 2010 | -3.4% | £56,807 |
| April 2009 | -12.7% | £58,809 |
| April 2008 | -0.9% | £67,337 |
| April 2007 | 0% | £67,960 |
Rental Market Trendsin NE31 2RJ
The current average rental value in the postcode is £466.
The NE31 2RJ Rental Market has increased by 37.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £466pcm |
| April 2025 | 3% | £453pcm |
| April 2024 | 10.6% | £440pcm |
| April 2023 | 9% | £398pcm |
| April 2022 | 7.4% | £365pcm |
| April 2021 | 4.1% | £340pcm |
| April 2020 | 0.9% | £326pcm |
| April 2019 | -1.3% | £323pcm |
| April 2018 | -2% | £328pcm |
| April 2017 | -1.5% | £334pcm |
| April 2016 | 0.4% | £339pcm |
| April 2015 | 0.2% | £338pcm |
| April 2014 | -1.6% | £337pcm |
| April 2013 | 0.5% | £343pcm |
| April 2012 | 0.7% | £341pcm |
| April 2011 | 0.6% | £339pcm |
| April 2010 | -3.1% | £337pcm |
| April 2009 | -4.8% | £347pcm |
| April 2008 | 3.5% | £365pcm |
| April 2007 | 0% | £353pcm |
Explore Buildingsin NE31 2RJ, Penrith Road, Hebburn, NE31
- Campbell Court, Penrith Road, Hebburn, NE31 Modern building 42 units
Nearby Postcodesto NE31 2RJ
NE31 2RJ is the 1009th largest and the 36th most expensive postcode out of the 1,113 postcodes in the NE31 area.
- 93 mNE31 2RH, Hebburn, NE31NE31 2RH45 Addresses
- 99 mNE31 2RG, Penrith Road, Hebburn, NE31NE31 2RG8 Addresses
- 121 mNE31 2DZ, Elmfield Terrace, Hebburn, NE31NE31 2DZ16 Addresses
- 126 mNE31 2BN, Finchale Road, Hebburn, NE31NE31 2BN8 Addresses
- 141 mNE31 2EB, Arlington Road, Hebburn, NE31NE31 2EB6 Addresses
- 142 mNE31 2RQ, Hautmont Road, Hebburn, NE31NE31 2RQ62 Addresses
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Property Typesin NE31 2RJ
- 42 modern flats built after 1980
- modern flat (42)
Energy Efficiencyof properties in NE31 2RJ
- Energy Performance Certificate (EPC) surveys conducted for 38 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (18)
- F (0)
- C (20)
- G (0)
- D (0)
- No EPC (4)
Schools Nearbyto NE31 2RJ
The nearest primary school to NE31 2RJ is St James' Catholic Primary School, Hebburn which is 269 metres away.
- 269mSt James' Catholic Primary School, Hebburn
- 327mHebburn Lakes Primary School
- 478mBede Burn Primary School
The nearest secondary school is Hebburn Comprehensive School which is 510 metres away.
- 510mHebburn Comprehensive School
- 1.2kmJarrow School
- 1.4kmSt Joseph's Catholic Academy
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Public Transport Nearbyto NE31 2RJ
The closest station to NE31 2RJ is Heworth station which is 3.7 kilometres away.
- 3.7kmHeworth
- 6.4kmManors
- 7.2kmNewcastle
- 7.4kmNorthumberland Park (Tyne & Wear)
