NE34 7HU is a residential postcode situated on Cheshire Grove, South Shields, NE34 with 24 addresses.
It ranks as the 830th largest and 38th most expensive of the 1,349 postcodes in the NE34 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 24 properties: 24 flats.
NE34 7HU is a residential postcode situated on Cheshire Grove, South Shields, NE34 with 24 addresses.
It ranks as the 830th largest and 38th most expensive of the 1,349 postcodes in the NE34 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 24 properties: 24 flats.
Sale prices range from £48,905 for 1 bedroom Leasehold flats (376 ft2) to £65,445 for 2 bedroom Leasehold flats (409 ft2) .
Monthly rental prices range from £478 pcm for 1 bed flats to £582 pcm for 2 bed flats.
The gross rental yield is between 10.7% and 11.7%.
The average value per square foot is £160.
The current average value in the postcode is £63,378.
The NE34 7HU Sales Market has increased by 12.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £63,378 |
| April 2025 | 2.3% | £63,354 |
| April 2024 | 3% | £61,945 |
| April 2023 | -2.4% | £60,152 |
| April 2022 | 6.9% | £61,625 |
| April 2021 | 3.6% | £57,657 |
| April 2020 | 2.2% | £55,641 |
| April 2019 | -0.5% | £54,439 |
| April 2018 | -0.5% | £54,713 |
| April 2017 | -2.2% | £55,015 |
| April 2016 | -0.2% | £56,274 |
| April 2015 | 0.7% | £56,385 |
| April 2014 | 1.6% | £55,992 |
| April 2013 | -0.6% | £55,087 |
| April 2012 | -4.6% | £55,424 |
| April 2011 | -1.8% | £58,102 |
| April 2010 | -1.7% | £59,181 |
| April 2009 | -13.2% | £60,218 |
| April 2008 | -0.5% | £69,394 |
| April 2007 | 0% | £69,714 |
The current average rental value in the postcode is £569.
The NE34 7HU Rental Market has increased by 35.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £569pcm |
| April 2025 | 2.8% | £553pcm |
| April 2024 | 9.7% | £538pcm |
| April 2023 | 9.3% | £491pcm |
| April 2022 | 8.1% | £449pcm |
| April 2021 | 3% | £415pcm |
| April 2020 | 0.6% | £403pcm |
| April 2019 | -1% | £401pcm |
| April 2018 | -2% | £405pcm |
| April 2017 | -1.5% | £413pcm |
| April 2016 | -0.3% | £420pcm |
| April 2015 | -0.1% | £421pcm |
| April 2014 | -1.4% | £421pcm |
| April 2013 | 0.5% | £427pcm |
| April 2012 | -0.3% | £425pcm |
| April 2011 | -0.5% | £427pcm |
| April 2010 | -3% | £429pcm |
| April 2009 | -5.1% | £442pcm |
| April 2008 | 3.4% | £466pcm |
| April 2007 | 0% | £451pcm |
NE34 7HU is the 830th largest and the 38th most expensive postcode out of the 1,349 postcodes in the NE34 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around NE34 7HU, 83.6% of property is socially rented and 9.1% 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 NE34 7HU, 31.7% of residents are recorded as possessing school level qualifications and 17.0% 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 7HU, the average age was 43.9 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 7HU, 0.0% 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 7HU, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.