NE1 2AE

Home, House Prices, City Road, Newcastle upon Tyne, North East

NE1 2AEHouse Prices / North East, Newcastle upon Tyne, City Road

Last updated May 2026

Key Postcode Insights

NE1 2AE is a residential postcode situated on City Road, Newcastle Upon Tyne, NE1 with 43 addresses.

It ranks as the 247th largest and 62nd most expensive of the 340 postcodes in the NE1 area. The dominant property type is a modern flat built after 1980.

The postcode contains a total of 43 properties: 43 flats.

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Flats

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Key Postcode Insights

NE1 2AE is a residential postcode situated on City Road, Newcastle Upon Tyne, NE1 with 43 addresses.

It ranks as the 247th largest and 62nd most expensive of the 340 postcodes in the NE1 area. The dominant property type is a modern flat built after 1980.

The postcode contains a total of 43 properties: 43 flats.

Properties

Flats

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House Pricesin NE1 2AE

Sale prices range from £89,826 for 1 bedroom leasehold flats with a balcony (419 ft²) to £158,894 for 3 bedroom leasehold flats with a balcony (1,420 ft²) .

Monthly rental prices range from £868 pcm for 1 bed flats to £1,542 pcm for 3 bed flats.

The gross rental yield is between 11.6% and 11.8%.

The average value per square foot is £174.

Average Sale Value

£109,581

Average Rental Value

£1,068 pcm

Average Rental Yield

11.7% /year

Average Value Per Sqft

£174 /ft²

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Prices last updated 1st May 2026

Sales Market Trendsin NE1 2AE

The last sale in NE1 2AE sold for £135,000 on 30th April 2025. Since then prices are up an average of 3.5%.

The current average value in the postcode is £109,581.
The NE1 2AE Sales Market has decreased by 7.3% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	0.7%	£109,581
April 2025	3%	£108,782
April 2024	-4.7%	£105,629
April 2023	0.2%	£110,831
April 2022	-1.6%	£110,643
April 2021	1.3%	£112,452
April 2020	0.5%	£111,054
April 2019	-2.4%	£110,507
April 2018	-3.7%	£113,185
April 2017	-0.6%	£117,481
April 2016	4.7%	£118,180
April 2015	2.4%	£112,843
April 2014	6.1%	£110,231
April 2013	-7%	£103,845
April 2012	-1.6%	£111,619
April 2011	3.7%	£113,386
April 2010	-7.2%	£109,363
April 2009	-11.7%	£117,801
April 2008	-5.2%	£133,408
April 2007	0%	£140,688

Rental Market Trendsin NE1 2AE

The current average rental value in the postcode is £1,068.
The NE1 2AE Rental Market has increased by 37.8% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	2.4%	£1,068pcm
April 2025	2.8%	£1,043pcm
April 2024	8.4%	£1,014pcm
April 2023	8.5%	£935pcm
April 2022	9.4%	£862pcm
April 2021	1.4%	£788pcm
April 2020	2.8%	£777pcm
April 2019	-0.8%	£756pcm
April 2018	-1.8%	£762pcm
April 2017	0.1%	£776pcm
April 2016	-0.4%	£775pcm
April 2015	1%	£778pcm
April 2014	1.2%	£770pcm
April 2013	-1.1%	£761pcm
April 2012	-1.3%	£769pcm
April 2011	2.3%	£780pcm
April 2010	-1.8%	£762pcm
April 2009	-3.7%	£776pcm
April 2008	3.3%	£806pcm
April 2007	0%	£780pcm

Explore Buildingsin NE1 2AE, City Road, Newcastle Upon Tyne, NE1

Sallyport House, City Road, Newcastle Upon Tyne, NE1 Modern building43 units

Sales History
in NE1 2AE

The last sale was on 30th April 2025 for £135,000 and since then the market in the area has increased by 3.5%. The postcode has had a total of 67 sales since 1995.