NE1 2AY is a residential postcode situated on City Road, Newcastle Upon Tyne, NE1 with 64 addresses.
It ranks as the 294th largest and 146th 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 64 properties: 64 flats.
NE1 2AY is a residential postcode situated on City Road, Newcastle Upon Tyne, NE1 with 64 addresses.
It ranks as the 294th largest and 146th 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 64 properties: 64 flats.
Sale prices range from £104,749 for 1 bedroom leasehold flats (441 ft2) to £174,001 for 3 bedroom leasehold flats (1,270 ft2) .
Monthly rental prices range from £960 pcm for 1 bed flats to £1,605 pcm for 3 bed flats.
The gross rental yield is between 10.9% and 11.3%.
The average value per square foot is £194.
The last sale in NE1 2AY sold for £235,000 on 13th December 2024. Since then prices are up an average of 3.8%.
The current average value in the postcode is £131,561.
The NE1 2AY Sales Market has decreased by 5.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £131,561 |
| April 2025 | 3.6% | £131,496 |
| April 2024 | -4.1% | £126,912 |
| April 2023 | 0.5% | £132,288 |
| April 2022 | -1.3% | £131,564 |
| April 2021 | 0.9% | £133,288 |
| April 2020 | 0.1% | £132,097 |
| April 2019 | -2.4% | £132,007 |
| April 2018 | -3.4% | £135,253 |
| April 2017 | 0.2% | £139,967 |
| April 2016 | 5% | £139,651 |
| April 2015 | 1.9% | £133,050 |
| April 2014 | 5.9% | £130,514 |
| April 2013 | -6.7% | £123,292 |
| April 2012 | -1.6% | £132,159 |
| April 2011 | 3.2% | £134,373 |
| April 2010 | -7.9% | £130,148 |
| April 2009 | -11.6% | £141,261 |
| April 2008 | -5.3% | £159,819 |
| April 2007 | 0% | £168,777 |
The current average rental value in the postcode is £1,217.
The NE1 2AY Rental Market has increased by 40.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £1,217pcm |
| April 2025 | 3.5% | £1,196pcm |
| April 2024 | 9.1% | £1,156pcm |
| April 2023 | 8.9% | £1,059pcm |
| April 2022 | 9.7% | £973pcm |
| April 2021 | 1.1% | £886pcm |
| April 2020 | 2.4% | £877pcm |
| April 2019 | -0.9% | £857pcm |
| April 2018 | -1.5% | £864pcm |
| April 2017 | 1% | £877pcm |
| April 2016 | -0.1% | £869pcm |
| April 2015 | 0.5% | £870pcm |
| April 2014 | 1% | £866pcm |
| April 2013 | -0.8% | £857pcm |
| April 2012 | -1.4% | £864pcm |
| April 2011 | 1.8% | £877pcm |
| April 2010 | -2.6% | £861pcm |
| April 2009 | -3.6% | £884pcm |
| April 2008 | 3.1% | £916pcm |
| April 2007 | 0% | £888pcm |
The last sale was on 13th December 2024 for £235,000 and since then the market in the area has increased by 3.8%. The postcode has had a total of 123 sales since 1995.
NE1 2AY has seen 9 sales in the last three years and no sales in the last twelve months.
NE1 2AY is the 294th largest and the 146th most expensive postcode out of the 340 postcodes in the NE1 area.
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