Is Princes Close in Newcastle upon Tyne a nice place to live?

Princes Close is classified by the ONS as White Suburban Communities. Princes Close is in the lowest 10% of postcodes for crime (see map). The road has some of the lowest levels of deprivation in the country.

Geography

Princes Close is located in the Parklands ward of the Newcastle upon Tyne district in Tyne and Wear.
Coordinates 55.023922, -1.630407
Grid Ref NZ237699
Suburb North Gosforth
Constituency Newcastle upon Tyne North
Postcodes NE3 5AS

House Prices

The average house price in Princes Close is 17.78% higher than the rest of Newcastle upon Tyne. The last sale we have on record is 8 Princes Close, that sold for £265,000. The average house price in Newcastle upon Tyne is £208,432 as of June 2023.

Average House Prices

Recent sales in Princes Close

Date No. Type Price
15/10/2021 8 Terrace £265,000
12/05/2021 9 Terrace £242,000

Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.

Crime in Princes Close, Tyne and Wear

There were no street crime incidents recorded by Northumbria Police in Princes Close during September 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 Princes Close and compared that to the average for the Parklands ward.

You are less likely to be a victim of personal crime in Princes Close, when compared to the average EIMD rank for the Parklands ward

Social economic statistics for Princes Close

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 Princes Close is on the top 10% of most deprived LSOAs, conversely a score of 10 would mean Princes Close 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 Princes Close experiencing deprivation relating to low income.
Residents in around Princes Close are in the top 10% least income deprived in the country.

Employment Deprivation

The Employment Deprivation Domain measures the proportion of working-age residents in and around Princes Close involuntarily excluded from the labour market. This includes the unemployed, those who are sick or disabled, or have caring responsibilities.
Residents in Princes Close are in the top 10% least employment deprived in the country

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.
Residents in Princes Close are in the top 30% least health & disability deprived in the country

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 Princes Close, from outside living quality, housing quality, access to services and crime.
Residents in Princes Close are in the top 10% least deprived in the country

2021 Census for Princes Close

We chosen some choice data from the 2021 census, that will hopefully give you socio-economic a snapshot of Princes Close.

Unemployment in Princes Close

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.
1.76% of Princes Close residents were unemployed during the Covid 19 pandemic

Retirees (OAPs) in Princes Close

The proportion of retirees in a road should give you an indication of the demographics of Princes Close. The proportion of retirees on Princes Close is 27.66% higher than the national average of 18.6%.
46.26% of Princes Close residents were retired during the last census

Home ownership in Princes Close

The proportion of home owners on Princes Close is 30.5% higher than the national average of 62%. 4.17% of properties in Princes Close are private rented and 3.33% are social rented.
92.5% of residents of Princes Close own their home

Country of Birth of Princes Close residents

The proportion if Princes Close residents born in the UK is 12.28% higher than the England national average of 82.65%. 5.07% of Princes Close residents were born outside the UK.
94.93% of Princes Close residents were born in the UK

Princes Close Summary

With house prices in Princes Close more than the average for Tyne and Wear and very low levels of income depirvation, this is an indicator of a very wealthy road. Princes Close is the the top 10% of least income deprivated streets in England. Princes Close has a higher level of home ownership than the national average. This is an indicator that finding private rented accomodation in Princes Close maybe difficult.

Princes Close has very low levels of employment deprivation, suggesting that finding work in the local area maybe easier compared to the rest of the country.

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