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Pinewood is a residential street with 24 addresses.
It ranks as the 345th largest and 489th most expensive of the 698 streets in the NE31 area. The dominant property type is a modern house built after 1980.
The street contains a total of 24 properties: 21 houses and 3 flats.
Pinewood is a residential street with 24 addresses.
It ranks as the 345th largest and 489th most expensive of the 698 streets in the NE31 area. The dominant property type is a modern house built after 1980.
The street contains a total of 24 properties: 21 houses and 3 flats.
Sale prices range from £64,430 for 2 bedroom leasehold flats (606 ft2) to £193,696 for 3 bedroom freehold houses with a garden (1,052 ft2) .
Monthly rental prices range from £461 pcm for 2 bed flats to £1,032 pcm for 3 bed houses.
The gross rental yield is between 6.4% and 8.6%.
The average value per square foot is £210.
The last sale on Pinewood sold for £175,000 on 24th October 2024. Since then prices are up an average of 4.1%.
The current average value in the street is £157,670.
The Pinewood Sales Market has increased by 30.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.9% | £157,670 |
| May 2025 | 4% | £156,221 |
| May 2024 | 3% | £150,259 |
| May 2023 | 1.7% | £145,821 |
| May 2022 | 8.2% | £143,339 |
| May 2021 | 3.4% | £132,490 |
| May 2020 | 3.2% | £128,100 |
| May 2019 | 0.5% | £124,110 |
| May 2018 | 1.6% | £123,483 |
| May 2017 | 0.8% | £121,598 |
| May 2016 | 2% | £120,635 |
| May 2015 | 1.1% | £118,230 |
| May 2014 | 3.8% | £116,999 |
| May 2013 | 1.7% | £112,665 |
| May 2012 | -4.6% | £110,783 |
| May 2011 | -1.2% | £116,128 |
| May 2010 | 2.5% | £117,511 |
| May 2009 | -13.2% | £114,696 |
| May 2008 | -1.8% | £132,197 |
| May 2007 | 0% | £134,610 |
The current average rental value in the street is £901.
The Pinewood Rental Market has increased by 54.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.5% | £901pcm |
| May 2025 | 4.7% | £871pcm |
| May 2024 | 10.2% | £832pcm |
| May 2023 | 9.5% | £755pcm |
| May 2022 | 10% | £689pcm |
| May 2021 | 5.5% | £626pcm |
| May 2020 | 2.3% | £594pcm |
| May 2019 | -0.4% | £580pcm |
| May 2018 | -0.3% | £583pcm |
| May 2017 | 0.3% | £584pcm |
| May 2016 | 1.3% | £583pcm |
| May 2015 | 1.2% | £575pcm |
| May 2014 | 0.6% | £569pcm |
| May 2013 | 0.6% | £566pcm |
| May 2012 | 0.5% | £562pcm |
| May 2011 | 1.2% | £559pcm |
| May 2010 | 1.4% | £553pcm |
| May 2009 | -5.3% | £545pcm |
| May 2008 | 3.1% | £576pcm |
| May 2007 | 0% | £558pcm |
The last sale was on 24th October 2024 for £175,000 and since then the market in the area has increased by 4.1%. The street has had a total of 44 sales since 1995.
Pinewood, Hebburn, NE31 has seen 1 sale in the last three years and no sales in the last twelve months.
Pinewood, Hebburn, NE31 is the 345th largest and the 489th most expensive street in the NE31 area.
There is 1 postcode on Pinewood, Hebburn, NE31.
The closest station to Pinewood, Hebburn, NE31 is Heworth station which is 3.7 kilometres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Pinewood, Hebburn, NE31, 42.5% of property is privately owned with a mortgage and 35.8% is privately owned outright.
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 Pinewood, Hebburn, NE31, 10.3% of residents are recorded as possessing school level qualifications and 31.5% 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 Pinewood, Hebburn, NE31, the average age was 41.3 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 Pinewood, Hebburn, NE31, 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 Pinewood, Hebburn, NE31, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.