Park Lane - NE42 5LN
Key Postcode Insights
NE42 5LN is a residential postcode situated on Park Lane, Prudhoe, NE42 with 27 addresses.
It ranks as the 365th largest and 268th most expensive of the 442 postcodes in the NE42 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 27 properties: 27 houses.
- Ave. Sale Price
- £261,064
- 10 Year change
- up 29.2%
- Ave. Rental Price
- £1,402pcm
- 10 Year change
- up 61.8%
- Ave. £ per ft²
- £225/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
NE42 5LN is a residential postcode situated on Park Lane, Prudhoe, NE42 with 27 addresses.
It ranks as the 365th largest and 268th most expensive of the 442 postcodes in the NE42 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 27 properties: 27 houses.
- Ave. Sale Price
- £261,064
- 10 Year change
- up 29.2%
- Ave. Rental Price
- £1,402pcm
- 10 Year change
- up 61.8%
- Ave. £ per ft²
- £225/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin NE42 5LN
- 1 Park Lane
4 Bed Mid-century House
- 2 Park Lane
3 Bed Early-century House
- 3 Park Lane
Unknown
- 4 Park Lane
4 Bed Early-century House
- 5 Park Lane
3 Bed Mid-century House
Sales Market Trends
The last sale in NE42 5LN sold for £250,000 on 31st August 2023. Since then prices are up an average of 6.4%.
The current average value in the postcode is £261,064.
The NE42 5LN Sales Market has increased by 29.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.3% | £261,064 |
| June 2025 | 3.2% | £257,779 |
| June 2024 | 2.2% | £249,728 |
| June 2023 | 0.9% | £244,330 |
| June 2022 | 4.2% | £242,053 |
| June 2021 | 6.7% | £232,288 |
| June 2020 | 3% | £217,725 |
| June 2019 | 2.4% | £211,293 |
| June 2018 | 2.1% | £206,346 |
| June 2017 | 0% | £202,188 |
| June 2016 | -0.6% | £202,108 |
| June 2015 | 6.2% | £203,268 |
| June 2014 | 3.5% | £191,390 |
| June 2013 | -1.6% | £184,838 |
| June 2012 | 2% | £187,862 |
| June 2011 | -4.2% | £184,244 |
| June 2010 | 6.1% | £192,398 |
| June 2009 | -10.7% | £181,376 |
| June 2008 | -1% | £203,219 |
| June 2007 | 0% | £205,211 |
Rental Market Trends
The current average rental value in the postcode is £1,402.
The NE42 5LN Rental Market has increased by 61.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £1,402pcm |
| June 2025 | 5.3% | £1,381pcm |
| June 2024 | 9.7% | £1,311pcm |
| June 2023 | 12.5% | £1,195pcm |
| June 2022 | 10.1% | £1,063pcm |
| June 2021 | 4.8% | £965pcm |
| June 2020 | 2.9% | £920pcm |
| June 2019 | 0.9% | £895pcm |
| June 2018 | 0.6% | £887pcm |
| June 2017 | 1.7% | £882pcm |
| June 2016 | 3% | £867pcm |
| June 2015 | 3.3% | £842pcm |
| June 2014 | 2.4% | £815pcm |
| June 2013 | 1.3% | £795pcm |
| June 2012 | 2.4% | £785pcm |
| June 2011 | 3.8% | £766pcm |
| June 2010 | 5% | £738pcm |
| June 2009 | -3.2% | £703pcm |
| June 2008 | 0.7% | £726pcm |
| June 2007 | 0% | £721pcm |
Sales History
The last sale was on 31st August 2023 for £250,000 and since then the market in the area has increased by 6.4%. The postcode has had a total of 23 sales since 1995.
NE42 5LN has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2023£250,000 | 3 Bed House27, Park Lane, Prudhoe, NE42 5LN27, Park Lane, Prudhoe, NE42 5LN
- Sold Oct 2022£275,000 | 4 Bed House19, Park Lane, Prudhoe, NE42 5LN19, Park Lane, Prudhoe, NE42 5LN
- Sold Aug 2022£200,000 | 3 Bed House27, Park Lane, Prudhoe, NE42 5LN27, Park Lane, Prudhoe, NE42 5LN
- Sold Sep 2021£196,500 | 3 Bed House2, Park Lane, Prudhoe, NE42 5LN2, Park Lane, Prudhoe, NE42 5LN
- Sold Dec 2019£163,000 | 4 Bed House1, Park Lane, Prudhoe, NE42 5LN1, Park Lane, Prudhoe, NE42 5LN
Nearby Postcodes
NE42 5LN is the 365th largest and the 268th most expensive postcode out of the 442 postcodes in the NE42 area.
- NE42 5LW, Park Lane, Prudhoe, NE42NE42 5LW48 Addresses|91 m away
- NE42 5LP, Orchard Close, Prudhoe, NE42NE42 5LP21 Addresses|97 m away
- NE42 5BD, Drawback Close, Prudhoe, NE42NE42 5BD8 Addresses|121 m away
- NE42 5LH, Moor Road, Prudhoe, NE42NE42 5LH30 Addresses|139 m away
- NE42 5BG, East View Terrace, Prudhoe, NE42NE42 5BG3 Addresses|139 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 9 early-century houses built between 1912 and 1935
- 12 other addresses of unknown type
- mid-century house (5)
- house (1)
- early-century house (9)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (2)
- G (1)
- D (7)
- No EPC (13)
Top 3 Most Expensive Sales
Schools Nearby
- St Matthew's Catholic Primary School, Prudhoe700 m away
- Prudhoe West Academy800 m away
- Adderlane Academy1.0 km away
- Prudhoe Community High School300 m away
- Thorp Academy4.9 km away
- St Thomas More Catholic School, Blaydon8.0 km away
More reading links
Public Transport Nearby
The closest station to NE42 5LN is Prudhoe station, which is 1.6 kilometres away.
- Prudhoe|1.6 km away
- Wylam|2.9 km away
- Stocksfield|4.6 km away
- Riding Mill|8.0 km away
