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Steel is a residential street with 115 addresses.
It ranks as the 368th largest and 357th most expensive of the 376 streets in the NE47 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 115 properties: 111 houses and 4 flats.
Steel is a residential street with 115 addresses.
It ranks as the 368th largest and 357th most expensive of the 376 streets in the NE47 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 115 properties: 111 houses and 4 flats.
Sale prices range from £84,893 for 2 bedroom Leasehold flats (678 ft2) to £1,081,349 for 5 bedroom freehold houses with a garden (3,810 ft2) .
Monthly rental prices range from £472 pcm for 2 bed flats to £3,651 pcm for 5 bed houses.
The gross rental yield is between 3.9% and 7.2%.
The average value per square foot is £237.
The last sale on Steel sold for £283,333 on 12th December 2025. Since then prices are up an average of 1.4%.
The current average value in the street is £425,647.
The Steel Sales Market has increased by 34.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.5% | £425,647 |
| May 2025 | 2.2% | £415,319 |
| May 2024 | 1.4% | £406,562 |
| May 2023 | 5.2% | £401,060 |
| May 2022 | 6.6% | £381,398 |
| May 2021 | 6.9% | £357,821 |
| May 2020 | -0.8% | £334,583 |
| May 2019 | 3% | £337,314 |
| May 2018 | -2.2% | £327,550 |
| May 2017 | 5.7% | £334,906 |
| May 2016 | 3.3% | £316,812 |
| May 2015 | 0.5% | £306,567 |
| May 2014 | 0.5% | £304,976 |
| May 2013 | 0.2% | £303,513 |
| May 2012 | 2.6% | £302,964 |
| May 2011 | -2.3% | £295,234 |
| May 2010 | 0.8% | £302,287 |
| May 2009 | -7.2% | £299,988 |
| May 2008 | 1.3% | £323,101 |
| May 2007 | 0% | £319,021 |
The current average rental value in the street is £1,538.
The Steel Rental Market has increased by 54.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.3% | £1,538pcm |
| May 2025 | 4.2% | £1,504pcm |
| May 2024 | 7.6% | £1,443pcm |
| May 2023 | 8% | £1,342pcm |
| May 2022 | 10.8% | £1,242pcm |
| May 2021 | 6.1% | £1,121pcm |
| May 2020 | 2.8% | £1,057pcm |
| May 2019 | 0.9% | £1,028pcm |
| May 2018 | 1.2% | £1,019pcm |
| May 2017 | 1.3% | £1,007pcm |
| May 2016 | 2.9% | £994pcm |
| May 2015 | -1.1% | £966pcm |
| May 2014 | 1.6% | £977pcm |
| May 2013 | -1.7% | £962pcm |
| May 2012 | 0.2% | £978pcm |
| May 2011 | 1.1% | £976pcm |
| May 2010 | 4.6% | £965pcm |
| May 2009 | -4.4% | £923pcm |
| May 2008 | 3.6% | £966pcm |
| May 2007 | 0% | £933pcm |
The last sale was on 12th December 2025 for £283,333 and since then the market in the area has increased by 1.4%. The street has had a total of 66 sales since 1995.
Steel, Hexham, NE47 has seen 3 sales in the last three years and 2 sales in the last twelve months.
Steel, Hexham, NE47 is the 368th largest and the 357th most expensive street in the NE47 area.
There are 31 postcodes on Steel, Hexham, NE47.
The closest station to Steel, Hexham, NE47 is Hexham station which is 8.2 kilometres away.
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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 Steel, Hexham, NE47, 57.0% of property is privately owned outright and 21.8% is privately rented.
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 Steel, Hexham, NE47, 14.9% of residents are recorded as possessing school level qualifications and 52.0% 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 Steel, Hexham, NE47, the average age was 47.7 and the most common age was 62.
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 Steel, Hexham, NE47, 1.2% 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 Steel, Hexham, NE47, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.