Geography
Palace Street is located in the Monument ward of the Newcastle upon Tyne district in Tyne and Wear.| Coordinates | 54.96835, -1.627293 |
| Grid Ref | NZ239638 |
| Suburb | Arthur's Hill |
| Constituency | Newcastle upon Tyne Central |
| Postcodes | NE4 7JJ |
House Prices
We have no record of house sales in Palace Street in the last 3 years. Therefore we cannot provide a house price analysis for this road.Crime in Palace Street, Tyne and Wear
There were no street crime incidents recorded by Northumbria Police in Palace Street during July 2024.Crime Deprivation
The Indices of Multiple Deprivation (IMD) government statistics have a measure of how likely you are to be a victim of personal crime. We have taken the lower super output area (LSOA) that includes Palace Street and compared that to the average for the Monument ward.You are more likely to be a victim of personal crime in Palace Street, when compared to the average EIMD rank for the Monument ward
Social economic statistics for Palace Street
These statistics are taken from the English Index of Multiple Deprivation's decile figures, with 1 being the worst and 10 being the best. As these are decile figures, a score of 1 for example would mean Palace Street is on the top 10% of most deprived LSOAs, conversely a score of 10 would mean Palace Street is in the top 10% of least deprived LSOAs in the country.Income Deprivation
The Income Deprivation Domain measures the proportion of the population in and around Palace Street experiencing deprivation relating to low income.Employment Deprivation
The Employment Deprivation Domain measures the proportion of working-age residents in and around Palace Street involuntarily excluded from the labour market. This includes the unemployed, those who are sick or disabled, or have caring responsibilities.Health & Disability Deprivation
The Health Deprivation and Disability Domain measures the risk of premature death and the impairment of quality of life through poor physical or mental health. This does not include aspects of behaviour or the environment that may be lead to predicted future health and disability problems.Index of Multiple Deprivation
The Index of Multiple Deprivation (IMD) is an overall relative measure of deprivation constructed by combining seven measures of deprivation. It encapsulates a broad socio-economic view of Palace Street, from outside living quality, housing quality, access to services and crime.2021 Census for Palace Street
We chosen some choice data from the 2021 census, that will hopefully give you socio-economic a snapshot of Palace Street.
Unemployment in Palace Street
The census is now the only reliable source to find the proportion of residents that are unemployed or under-employed as the Department for Work and pensions no longer do so and haven't since the introduction of Universal Credit.Retirees (OAPs) in Palace Street
The proportion of retirees in a road should give you an indication of the demographics of Palace Street. The proportion of retirees on Palace Street is 2.43% higher than the national average of 18.6%.Home ownership in Palace Street
The proportion of home owners on Palace Street is 58.86% lower than the national average of 62%. 4.4% of properties in Palace Street are private rented and 89.94% are social rented.Country of Birth of Palace Street residents
The proportion if Palace Street residents born in the UK is 18.67% lower than the England national average of 82.65%. 36.02% of Palace Street residents were born outside the UK.
Source: Census 2021 (Nomis/ONS)
Palace Street Summary
With house prices in Palace Street less than the average for Tyne and Wear and very high levels of income depirvation, this is an indicator of a very poor road. Palace Street is the the top 10% of income deprivated streets in England. Palace Street has a lower level of home ownership than the national average. This is an indicator that finding private rented accomodation in Palace Street maybe easier than surrounding areas.
Palace Street has very high levels of employment deprivation, suggesting that finding work in the local area maybe harder compared to the rest of the country.
