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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE1 2LFHouse Prices / North East, Newcastle upon Tyne, Gibson Street
Last updated May 2026
Key Postcode Insights
NE1 2LF is a residential postcode situated on Gibson Street, Newcastle Upon Tyne, NE1 with 16 addresses.
It ranks as the 174th largest and 152nd most expensive of the 340 postcodes in the NE1 area.
The postcode contains a total of 16 properties: 16 flats.
16
Properties
- Flats
Key Postcode Insights
NE1 2LF is a residential postcode situated on Gibson Street, Newcastle Upon Tyne, NE1 with 16 addresses.
It ranks as the 174th largest and 152nd most expensive of the 340 postcodes in the NE1 area.
The postcode contains a total of 16 properties: 16 flats.
16
Properties
- Flats
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House Pricesin NE1 2LF
Sale prices range from £114,213 for 2 bedroom leasehold flats (502 ft2) to £137,502 for 2 bedroom leasehold flats (753 ft2) .
Monthly rental prices range from £1,075 pcm for 2 bed flats to £1,262 pcm for 2 bed flats.
The gross rental yield is between 11.0% and 11.3%.
The average value per square foot is £193.
Average Sale Value
£129,476
Average Rental Value
£1,199 pcm
Average Rental Yield
11.1% /year
Average Value Per Sqft
£193 /ft2
Sales Market Trendsin NE1 2LF
The last sale in NE1 2LF sold for £136,000 on 24th August 2023. Since then prices are up an average of 1.6%.
The current average value in the postcode is £129,476.
The NE1 2LF Sales Market has decreased by 2.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.4% | £129,476 |
| April 2025 | 3.5% | £128,998 |
| April 2024 | -3.8% | £124,584 |
| April 2023 | 1.2% | £129,457 |
| April 2022 | -0.7% | £127,912 |
| April 2021 | 1.2% | £128,777 |
| April 2020 | 0.6% | £127,300 |
| April 2019 | -2.2% | £126,582 |
| April 2018 | -2.5% | £129,465 |
| April 2017 | -0.3% | £132,739 |
| April 2016 | 5.2% | £133,119 |
| April 2015 | 2.4% | £126,499 |
| April 2014 | 5.7% | £123,527 |
| April 2013 | -6.5% | £116,844 |
| April 2012 | -1.6% | £124,909 |
| April 2011 | 2.9% | £126,973 |
| April 2010 | -6.3% | £123,358 |
| April 2009 | -11.8% | £131,707 |
| April 2008 | -4.6% | £149,340 |
| April 2007 | 0% | £156,532 |
Rental Market Trendsin NE1 2LF
The current average rental value in the postcode is £1,199.
The NE1 2LF Rental Market has increased by 42.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.2% | £1,199pcm |
| April 2025 | 3.7% | £1,173pcm |
| April 2024 | 9.3% | £1,132pcm |
| April 2023 | 9.2% | £1,036pcm |
| April 2022 | 9.8% | £949pcm |
| April 2021 | 1.4% | £864pcm |
| April 2020 | 2.8% | £853pcm |
| April 2019 | -0.8% | £829pcm |
| April 2018 | -1% | £836pcm |
| April 2017 | 0.5% | £844pcm |
| April 2016 | 0.6% | £840pcm |
| April 2015 | 1.1% | £835pcm |
| April 2014 | 1.2% | £826pcm |
| April 2013 | -1.1% | £816pcm |
| April 2012 | -1.3% | £826pcm |
| April 2011 | 2.3% | £836pcm |
| April 2010 | -1.6% | £818pcm |
| April 2009 | -3.8% | £831pcm |
| April 2008 | 3.2% | £863pcm |
| April 2007 | 0% | £837pcm |
Explore Buildingsin NE1 2LF, Gibson Street, Newcastle Upon Tyne, NE1
- 39, Gibson Street, Newcastle Upon Tyne, NE1 building2 units
- 41, Gibson Street, Newcastle Upon Tyne, NE1Building2 units
- 43, Gibson Street, Newcastle Upon Tyne, NE1Building2 units
- 45, Gibson Street, Newcastle Upon Tyne, NE1 building2 units
- 47, Gibson Street, Newcastle Upon Tyne, NE1 building2 units
- 49, Gibson Street, Newcastle Upon Tyne, NE1Building2 units
- 51, Gibson Street, Newcastle Upon Tyne, NE1 building2 units
- 53, Gibson Street, Newcastle Upon Tyne, NE1Building2 units
Sales Historyin NE1 2LF
The last sale was on 24th August 2023 for £136,000 and since then the market in the area has increased by 1.6%. The postcode has had a total of 6 sales since 1995.
NE1 2LF has seen 2 sales in the last three years and no sales in the last twelve months.
Sold Aug 2023£136,000 | 2 Bed FlatGibson Street45A, Gibson Street, Newcastle Upon Tyne, NE1 2LF
Sold Jul 2023£125,500 | 2 Bed FlatGibson Street51, Gibson Street, Newcastle Upon Tyne, NE1 2LF
Sold Dec 2017£115,000 | 2 Bed FlatGibson Street51, Gibson Street, Newcastle Upon Tyne, NE1 2LF
Sold Apr 2012£95,000 | 2 Bed FlatGibson Street45A, Gibson Street, Newcastle Upon Tyne, NE1 2LF
Sold Jul 2010£95,000 | 2 Bed FlatGibson Street45, Gibson Street, Newcastle Upon Tyne, NE1 2LF
Sold Aug 2005£91,000 | 2 Bed FlatGibson Street45A, Gibson Street, Newcastle Upon Tyne, NE1 2LF
Nearby Postcodesto NE1 2LF
NE1 2LF is the 174th largest and the 152nd most expensive postcode out of the 340 postcodes in the NE1 area.
- 42 mNE1 2LG, Gibson Street, Newcastle Upon Tyne, NE1NE1 2LG17 Addresses
- 51 mNE1 2AZ, Howard Street, Newcastle Upon Tyne, NE1NE1 2AZ21 Addresses
- 60 mNE1 2AQ, City Road, Newcastle Upon Tyne, NE1NE1 2AQ248 Addresses
- 67 mNE1 2JW, Blagdon Street, Newcastle Upon Tyne, NE1NE1 2JW10 Addresses
- 67 mNE1 2JY, Blagdon Street, Newcastle Upon Tyne, NE1NE1 2JY10 Addresses
- 106 mNE1 2JZ, Grenville Terrace, Newcastle Upon Tyne, NE1NE1 2JZ12 Addresses
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Property Typesin NE1 2LF
- 16 other addresses of unknown type
- Unknown (16)
Energy Efficiencyof properties in NE1 2LF
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The dominant rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (4)
- G (0)
- D (2)
- No EPC (9)
Top 3 Most Expensive Saleson Gibson Street
Schools Nearbyto NE1 2LF
The nearest primary school to NE1 2LF is Christ Church CofE Primary School which is 389 metres away.
- 389mChrist Church CofE Primary School
- 869mHotspur Primary School
- 1.2kmByker Primary School
The nearest secondary school is North East Futures UTC which is 1.3 kilometres away.
- 1.3kmNorth East Futures UTC
- 2.5kmJesmond Park Academy
- 3.2kmBenfield School
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Public Transport Nearbyto NE1 2LF
The closest station to NE1 2LF is Manors station which is 400 metres away.
- 366mManors
- 1.3kmNewcastle
- 3.6kmHeworth
- 3.7kmDunston