NE1 3RG is a residential postcode situated on Sandhill, Newcastle Upon Tyne, NE1 with 14 addresses.
It ranks as the 163rd largest and 237th most expensive of the 340 postcodes in the NE1 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 14 properties: 14 flats.
NE1 3RG is a residential postcode situated on Sandhill, Newcastle Upon Tyne, NE1 with 14 addresses.
It ranks as the 163rd largest and 237th most expensive of the 340 postcodes in the NE1 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 14 properties: 14 flats.
Sale prices range from £172,237 for 2 bedroom leasehold flats (516 ft2) to £232,657 for 3 bedroom leasehold flats (947 ft2) .
Monthly rental prices range from £1,291 pcm for 2 bed flats to £1,724 pcm for 3 bed flats.
The gross rental yield is between 8.7% and 9.0%.
The average value per square foot is £297.
The last sale in NE1 3RG sold for £175,000 on 9th June 2023. Since then prices are up an average of 1.2%.
The current average value in the postcode is £192,970.
The NE1 3RG Sales Market has decreased by 5.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.3% | £192,970 |
| April 2025 | 3.6% | £192,467 |
| April 2024 | -3.9% | £185,787 |
| April 2023 | 0.5% | £193,324 |
| April 2022 | -1.6% | £192,334 |
| April 2021 | 0.6% | £195,422 |
| April 2020 | 0.7% | £194,203 |
| April 2019 | -2.6% | £192,808 |
| April 2018 | -3.1% | £197,990 |
| April 2017 | 0.1% | £204,342 |
| April 2016 | 5.7% | £204,187 |
| April 2015 | 2.8% | £193,191 |
| April 2014 | 6.6% | £187,997 |
| April 2013 | -7.2% | £176,407 |
| April 2012 | -1.5% | £190,004 |
| April 2011 | 4.3% | £192,847 |
| April 2010 | -6.8% | £184,961 |
| April 2009 | -11.7% | £198,466 |
| April 2008 | -5.4% | £224,800 |
| April 2007 | 0% | £237,552 |
The current average rental value in the postcode is £1,428.
The NE1 3RG Rental Market has increased by 40.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.9% | £1,428pcm |
| April 2025 | 3.4% | £1,402pcm |
| April 2024 | 9.4% | £1,356pcm |
| April 2023 | 9% | £1,240pcm |
| April 2022 | 9.6% | £1,137pcm |
| April 2021 | 0.8% | £1,038pcm |
| April 2020 | 3.1% | £1,029pcm |
| April 2019 | -1.1% | £999pcm |
| April 2018 | -1.2% | £1,010pcm |
| April 2017 | 0.8% | £1,022pcm |
| April 2016 | 0.4% | £1,014pcm |
| April 2015 | 1.3% | £1,009pcm |
| April 2014 | 1.5% | £996pcm |
| April 2013 | -1.1% | £981pcm |
| April 2012 | -1.3% | £992pcm |
| April 2011 | 2.6% | £1,005pcm |
| April 2010 | -1.3% | £979pcm |
| April 2009 | -3.7% | £992pcm |
| April 2008 | 3.3% | £1,030pcm |
| April 2007 | 0% | £997pcm |
The last sale was on 9th June 2023 for £175,000 and since then the market in the area has increased by 1.2%. The postcode has had a total of 11 sales since 1995.
NE1 3RG has seen 1 sale in the last three years and no sales in the last twelve months.
NE1 3RG is the 163rd largest and the 237th most expensive postcode out of the 340 postcodes in the NE1 area.
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