NE34 0LW is a residential postcode situated on Elswick Way Industrial Estate, South Shields, NE34 with 5 addresses.
It ranks as the 136th largest and 295th most expensive of the 1,349 postcodes in the NE34 area.
The postcode contains a total of 5 properties: 5 houses.
NE34 0LW is a residential postcode situated on Elswick Way Industrial Estate, South Shields, NE34 with 5 addresses.
It ranks as the 136th largest and 295th most expensive of the 1,349 postcodes in the NE34 area.
The postcode contains a total of 5 properties: 5 houses.
Sale prices range from £110,195 for 2 bedroom freehold houses with a garden (538 ft2) to £110,195 for 2 bedroom freehold houses with a garden (538 ft2) .
Monthly rental prices range from £774 pcm for 2 bed houses to £774 pcm for 2 bed houses.
The gross rental yield is between 8.4% and 8.4%.
The average value per square foot is £205.
The current average value in the postcode is £110,195.
The NE34 0LW Sales Market has increased by 39.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £110,195 |
| April 2025 | 4.5% | £107,651 |
| April 2024 | 2.1% | £103,035 |
| April 2023 | 0.3% | £100,895 |
| April 2022 | 8.8% | £100,549 |
| April 2021 | 9.2% | £92,378 |
| April 2020 | 2.3% | £84,586 |
| April 2019 | 1.2% | £82,670 |
| April 2018 | 3.3% | £81,723 |
| April 2017 | 0.2% | £79,121 |
| April 2016 | 0.8% | £78,934 |
| April 2015 | 2.3% | £78,317 |
| April 2014 | 2.8% | £76,553 |
| April 2013 | 1.4% | £74,500 |
| April 2012 | -3.8% | £73,488 |
| April 2011 | -0.7% | £76,366 |
| April 2010 | -0.5% | £76,869 |
| April 2009 | -14.1% | £77,222 |
| April 2008 | -1.2% | £89,949 |
| April 2007 | 0% | £91,077 |
The current average rental value in the postcode is £774.
The NE34 0LW Rental Market has increased by 56.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5% | £774pcm |
| April 2025 | 3.7% | £737pcm |
| April 2024 | 9% | £711pcm |
| April 2023 | 10.4% | £652pcm |
| April 2022 | 12.5% | £590pcm |
| April 2021 | 4.6% | £524pcm |
| April 2020 | 0.6% | £501pcm |
| April 2019 | -0.1% | £498pcm |
| April 2018 | 0.9% | £499pcm |
| April 2017 | -0.1% | £494pcm |
| April 2016 | 0.7% | £495pcm |
| April 2015 | 0.8% | £491pcm |
| April 2014 | 1.3% | £487pcm |
| April 2013 | 0.6% | £481pcm |
| April 2012 | -0.9% | £478pcm |
| April 2011 | -0.4% | £483pcm |
| April 2010 | -2.2% | £485pcm |
| April 2009 | -6% | £496pcm |
| April 2008 | 3.2% | £527pcm |
| April 2007 | 0% | £511pcm |
NE34 0LW is the 136th largest and the 295th most expensive postcode out of the 1,349 postcodes in the NE34 area.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NE34 0LW, 56.3% of property is privately owned outright and 31.3% 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 NE34 0LW, 10.6% of residents are recorded as possessing school level qualifications and 22.5% 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 NE34 0LW, the average age was 42.1 and the most common age was 57.
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 NE34 0LW, 0.7% 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 NE34 0LW, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.