NE46 1TU is a residential postcode situated on Hexham, NE46 with 2 addresses.
It ranks as the 107th largest and 395th most expensive of the 760 postcodes in the NE46 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 2 properties: 1 house and 1 flat.
NE46 1TU is a residential postcode situated on Hexham, NE46 with 2 addresses.
It ranks as the 107th largest and 395th most expensive of the 760 postcodes in the NE46 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 2 properties: 1 house and 1 flat.
Sale prices range from £249,908 for 3 bedroom Leasehold flats (1,110 ft2) to £390,679 for 4 bedroom freehold houses with a garden (1,367 ft2) .
Monthly rental prices range from £1,018 pcm for 3 bed flats to £1,504 pcm for 4 bed houses.
The gross rental yield is between 4.6% and 4.9%.
The average value per square foot is £255.
The last sale in NE46 1TU sold for £2,850,000 on 20th October 2021. Since then prices are down an average of 0.0%.
The current average value in the postcode is £320,293.
The NE46 1TU Sales Market has increased by 23.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £320,293 |
| April 2025 | 0.6% | £312,347 |
| April 2024 | 0.1% | £310,406 |
| April 2023 | 5.6% | £310,058 |
| April 2022 | 4% | £293,624 |
| April 2021 | 5.5% | £282,235 |
| April 2020 | -2.2% | £267,540 |
| April 2019 | 3.6% | £273,616 |
| April 2018 | -4.5% | £264,002 |
| April 2017 | 6.3% | £276,538 |
| April 2016 | 4.8% | £260,268 |
| April 2015 | -0.7% | £248,433 |
| April 2014 | 2.3% | £250,106 |
| April 2013 | 0.9% | £244,580 |
| April 2012 | 2.7% | £242,417 |
| April 2011 | -3.9% | £235,992 |
| April 2010 | -1.1% | £245,512 |
| April 2009 | -4.2% | £248,118 |
| April 2008 | 2.6% | £259,072 |
| April 2007 | 0% | £252,561 |
The current average rental value in the postcode is £1,261.
The NE46 1TU Rental Market has increased by 44.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,261pcm |
| April 2025 | 7.5% | £1,231pcm |
| April 2024 | 6.9% | £1,145pcm |
| April 2023 | 7.1% | £1,071pcm |
| April 2022 | 9% | £1,000pcm |
| April 2021 | 3.1% | £917pcm |
| April 2020 | 1.7% | £890pcm |
| April 2019 | -0.8% | £876pcm |
| April 2018 | 1.7% | £883pcm |
| April 2017 | -0.5% | £868pcm |
| April 2016 | 4.1% | £872pcm |
| April 2015 | -0.9% | £838pcm |
| April 2014 | 1.9% | £846pcm |
| April 2013 | 0% | £830pcm |
| April 2012 | -0.1% | £830pcm |
| April 2011 | 1.1% | £831pcm |
| April 2010 | 1.5% | £822pcm |
| April 2009 | -5% | £809pcm |
| April 2008 | 4% | £852pcm |
| April 2007 | 0% | £820pcm |
The last sale was on 20th October 2021 for £2,850,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
NE46 1TU has seen no sales in the last three years and no sales in the last twelve months.
NE46 1TU is the 107th largest and the 395th most expensive postcode out of the 760 postcodes in the NE46 area.
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The closest station to NE46 1TU is Hexham station which is 5.9 kilometres away.
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