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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE1 2LGHouse Prices / North East, Newcastle upon Tyne, Gibson Street
Last updated May 2026
Key Postcode Insights
NE1 2LG is a residential postcode situated on Gibson Street, Newcastle Upon Tyne, NE1 with 17 addresses.
It ranks as the 178th largest and 154th most expensive of the 340 postcodes in the NE1 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 17 properties: 1 house and 16 flats.
17
Properties
- Houses
- Flats
Key Postcode Insights
NE1 2LG is a residential postcode situated on Gibson Street, Newcastle Upon Tyne, NE1 with 17 addresses.
It ranks as the 178th largest and 154th most expensive of the 340 postcodes in the NE1 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 17 properties: 1 house and 16 flats.
17
Properties
- Houses
- Flats
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House Pricesin NE1 2LG
Sale prices range from £81,773 for 1 bedroom leasehold flats (266 ft2) to £198,399 for 3 bedroom freehold houses with a garden (527 ft2) .
Monthly rental prices range from £777 pcm for 1 bed flats to £1,495 pcm for 3 bed houses.
The gross rental yield is between 9.0% and 11.5%.
The average value per square foot is £184.
Average Sale Value
£124,548
Average Rental Value
£1,146 pcm
Average Rental Yield
11.0% /year
Average Value Per Sqft
£184 /ft2
Sales Market Trendsin NE1 2LG
The last sale in NE1 2LG sold for £120,000 on 5th January 2022. Since then prices are up an average of 1.8%.
The current average value in the postcode is £124,548.
The NE1 2LG Sales Market has decreased by 0.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.5% | £124,548 |
| April 2025 | 3.7% | £123,868 |
| April 2024 | -3.9% | £119,437 |
| April 2023 | 1.8% | £124,321 |
| April 2022 | -0.3% | £122,166 |
| April 2021 | 1.6% | £122,564 |
| April 2020 | 0.3% | £120,635 |
| April 2019 | -1.9% | £120,288 |
| April 2018 | -2.2% | £122,568 |
| April 2017 | 0.2% | £125,273 |
| April 2016 | 5.5% | £125,055 |
| April 2015 | 2.4% | £118,518 |
| April 2014 | 5.7% | £115,717 |
| April 2013 | -5.7% | £109,427 |
| April 2012 | -1.4% | £116,023 |
| April 2011 | 2.8% | £117,729 |
| April 2010 | -6.2% | £114,541 |
| April 2009 | -11.4% | £122,066 |
| April 2008 | -4.6% | £137,817 |
| April 2007 | 0% | £144,514 |
Rental Market Trendsin NE1 2LG
The current average rental value in the postcode is £1,146.
The NE1 2LG Rental Market has increased by 46.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £1,146pcm |
| April 2025 | 3.9% | £1,120pcm |
| April 2024 | 9.1% | £1,078pcm |
| April 2023 | 9.8% | £988pcm |
| April 2022 | 10.2% | £901pcm |
| April 2021 | 1.8% | £817pcm |
| April 2020 | 2.5% | £803pcm |
| April 2019 | -0.4% | £783pcm |
| April 2018 | -0.7% | £786pcm |
| April 2017 | 0.9% | £791pcm |
| April 2016 | 0.8% | £784pcm |
| April 2015 | 1.1% | £778pcm |
| April 2014 | 1.2% | £769pcm |
| April 2013 | -0.3% | £760pcm |
| April 2012 | -1.1% | £762pcm |
| April 2011 | 2.1% | £771pcm |
| April 2010 | -1.4% | £754pcm |
| April 2009 | -3.4% | £765pcm |
| April 2008 | 3.2% | £792pcm |
| April 2007 | 0% | £768pcm |
Properties and Buildingsin NE1 2LG, Gibson Street, Newcastle Upon Tyne, NE1
- 44, Gibson Street, Newcastle Upon Tyne, NE1 2LG3 bed mid-century house
- 46, Gibson Street, Newcastle Upon Tyne, NE1 building2 units
- 48, Gibson Street, Newcastle Upon Tyne, NE1 building2 units
- 50, Gibson Street, Newcastle Upon Tyne, NE1Building2 units
- 52, Gibson Street, Newcastle Upon Tyne, NE1 building2 units
- 54, Gibson Street, Newcastle Upon Tyne, NE1 building2 units
- 56, Gibson Street, Newcastle Upon Tyne, NE1Building2 units
- 58, Gibson Street, Newcastle Upon Tyne, NE1Building2 units
- 60, Gibson Street, Newcastle Upon Tyne, NE1Building2 units
Sales Historyin NE1 2LG
The last sale was on 5th January 2022 for £120,000 and since then the market in the area has increased by 1.8%. The postcode has had a total of 4 sales since 1995.
NE1 2LG has seen no sales in the last three years and no sales in the last twelve months.
Sold Jan 2022£120,000 | 2 Bed FlatGibson Street46A, Gibson Street, Newcastle Upon Tyne, NE1 2LG
Sold Apr 2013£45,000 | 1 Bed FlatGibson Street54, Gibson Street, Newcastle Upon Tyne, NE1 2LG
Sold May 2007£98,000 | 2 Bed FlatGibson Street48A, Gibson Street, Newcastle Upon Tyne, NE1 2LG
Sold Dec 2005£85,000 | 2 Bed FlatGibson Street48A, Gibson Street, Newcastle Upon Tyne, NE1 2LG
Nearby Postcodesto NE1 2LG
NE1 2LG is the 178th largest and the 154th most expensive postcode out of the 340 postcodes in the NE1 area.
- 42 mNE1 2JW, Blagdon Street, Newcastle Upon Tyne, NE1NE1 2JW10 Addresses
- 42 mNE1 2JY, Blagdon Street, Newcastle Upon Tyne, NE1NE1 2JY10 Addresses
- 42 mNE1 2LF, Gibson Street, Newcastle Upon Tyne, NE1NE1 2LF16 Addresses
- 71 mNE1 2JZ, Grenville Terrace, Newcastle Upon Tyne, NE1NE1 2JZ12 Addresses
- 92 mNE1 2AQ, City Road, Newcastle Upon Tyne, NE1NE1 2AQ248 Addresses
- 93 mNE1 2AZ, Howard Street, Newcastle Upon Tyne, NE1NE1 2AZ21 Addresses
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Property Typesin NE1 2LG
- 1 mid-century house built between 1936 and 1979
- 16 other addresses of unknown type
- mid-century house (1)
- Unknown (16)
Energy Efficiencyof properties in NE1 2LG
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (5)
- No EPC (12)
Top 3 Most Expensive Saleson Gibson Street
Schools Nearbyto NE1 2LG
The nearest primary school to NE1 2LG is Christ Church CofE Primary School which is 391 metres away.
- 391mChrist Church CofE Primary School
- 905mHotspur Primary School
- 1.2kmByker Primary School
The nearest secondary school is North East Futures UTC which is 1.2 kilometres away.
- 1.2kmNorth East Futures UTC
- 2.5kmJesmond Park Academy
- 3.2kmBenfield School
More reading links
Public Transport Nearbyto NE1 2LG
The closest station to NE1 2LG is Manors station which is 300 metres away.
- 339mManors
- 1.2kmNewcastle
- 3.6kmHeworth
- 3.6kmDunston
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