2 Leazes TerraceHouse Prices / North East, Newcastle upon Tyne, Leazes Terrace, NE1 4LY
Key Building Insights
2 Leazes Terrace is a residential building situated on Leazes Terrace, Newcastle Upon Tyne, NE1 with 5 addresses.
It ranks as the 956th largest and 1105th most expensive of the 1,696 buildings in the NE1 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 5 properties: 5 flats.
- Flats
Key Building Insights
2 Leazes Terrace is a residential building situated on Leazes Terrace, Newcastle Upon Tyne, NE1 with 5 addresses.
It ranks as the 956th largest and 1105th most expensive of the 1,696 buildings in the NE1 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 5 properties: 5 flats.
- Flats
House Pricesin 2 Leazes Terrace
Sale prices range from £135,155 for 2 bedroom Leasehold flats (484 ft2) to £231,434 for 3 bedroom Leasehold flats (1,302 ft2) .
Monthly rental prices range from £1,071 pcm for 2 bed flats to £1,247 pcm for 3 bed flats.
The gross rental yield is between 6.4% and 9.5%.
The average value per square foot is £178.
Sales Market Trendsin 2 Leazes Terrace
The current average value in the building is £189,923.
The 2 Leazes Terrace Sales Market has increased by 6.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.3% | £189,923 |
| May 2025 | 5.9% | £189,376 |
| May 2024 | -3.3% | £178,804 |
| May 2023 | 0.7% | £184,824 |
| May 2022 | 4.1% | £183,591 |
| May 2021 | -0.2% | £176,359 |
| May 2020 | 2.6% | £176,686 |
| May 2019 | -0.8% | £172,288 |
| May 2018 | -1.6% | £173,727 |
| May 2017 | -1% | £176,536 |
| May 2016 | 3.9% | £178,245 |
| May 2015 | 5% | £171,532 |
| May 2014 | 0.5% | £163,406 |
| May 2013 | 1% | £162,536 |
| May 2012 | -2% | £160,854 |
| May 2011 | -1.8% | £164,104 |
| May 2010 | 1.1% | £167,159 |
| May 2009 | -11% | £165,388 |
| May 2008 | -3.8% | £185,760 |
| May 2007 | 0% | £193,041 |
Rental Market Trendsin 2 Leazes Terrace
The current average rental value in the building is £1,170.
The 2 Leazes Terrace Rental Market has increased by 47.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.2% | £1,170pcm |
| May 2025 | 5.2% | £1,145pcm |
| May 2024 | 10.8% | £1,088pcm |
| May 2023 | 9.9% | £982pcm |
| May 2022 | 7.5% | £894pcm |
| May 2021 | 3.2% | £831pcm |
| May 2020 | 2.9% | £806pcm |
| May 2019 | 0% | £783pcm |
| May 2018 | -1.2% | £783pcm |
| May 2017 | -0.2% | £792pcm |
| May 2016 | 2.1% | £794pcm |
| May 2015 | 2.7% | £778pcm |
| May 2014 | 2.1% | £757pcm |
| May 2013 | 0.7% | £742pcm |
| May 2012 | 1.7% | £737pcm |
| May 2011 | 3.7% | £724pcm |
| May 2010 | 2% | £699pcm |
| May 2009 | -4.4% | £685pcm |
| May 2008 | -1.6% | £717pcm |
| May 2007 | 0% | £728pcm |
Explore Propertiesin 2, Leazes Terrace, Newcastle Upon Tyne, NE1 4LY
- Flat 1, 2, Leazes Terrace, Newcastle Upon Tyne, NE1 4LY3 bed period flat
- Flat 2, 2, Leazes Terrace, Newcastle Upon Tyne, NE1 4LY2 bed period flat
- Flat 3, 2, Leazes Terrace, Newcastle Upon Tyne, NE1 4LY2 bed period flat
- Flat 4, 2, Leazes Terrace, Newcastle Upon Tyne, NE1 4LY3 bed period flat
- Flat 5, 2, Leazes Terrace, Newcastle Upon Tyne, NE1 4LY3 bed period flat
Property Typesin 2 Leazes Terrace
- 5 period flats built between 1800 and 1911
- period flat (5)
Energy Efficiencyof properties in 2 Leazes Terrace
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (5)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Saleson Leazes Terrace, Newcastle Upon Tyne, NE1
- Sold Dec 2007£330,000 | 3 Bed Flat45, Leazes TerraceFlat B, 45, Leazes Terrace, Newcastle Upon Tyne, NE1 4LZ
- Sold Nov 2025£325,000 | 3 Bed Flat46, Leazes TerraceFlat B, 46, Leazes Terrace, Newcastle Upon Tyne, NE1 4LZ
- Sold Apr 2004£325,000 | 3 Bed Flat45, Leazes TerraceFlat B, 45, Leazes Terrace, Newcastle Upon Tyne, NE1 4LZ
Schools Nearby
- 900mOur Lady and St Anne's Catholic Primary School
- 900mMoorside Primary School
- 1.0kmSt Paul's CofE Primary School
- 1.2kmNorth East Futures UTC
- 2.5kmSacred Heart Catholic High School
- 2.8kmJesmond Park Academy
More reading links
Public Transport Nearby
The closest station to 2, Leazes Terrace, Newcastle Upon Tyne, NE1 4LY is Newcastle station, which is 1.0 kilometres away.
- 1.0kmNewcastle
- 1.1kmManors
- 3.2kmDunston
- 3.5kmMetroCentre
