Close - NE1 3RJ
Key Postcode Insights
NE1 3RJ is a residential postcode situated on Close, Newcastle Upon Tyne, NE1 with 41 addresses.
It ranks as the 588th largest and 264th most expensive of the 804 postcodes in the NE1 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 41 properties: 41 flats.
- Ave. Sale Price
- £157,358
- 10 Year change
- up 7.2%
- Ave. Rental Price
- £1,029pcm
- 10 Year change
- up 44.9%
- Ave. £ per ft²
- £222/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Key Postcode Insights
NE1 3RJ is a residential postcode situated on Close, Newcastle Upon Tyne, NE1 with 41 addresses.
It ranks as the 588th largest and 264th most expensive of the 804 postcodes in the NE1 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 41 properties: 41 flats.
- Ave. Sale Price
- £157,358
- 10 Year change
- up 7.2%
- Ave. Rental Price
- £1,029pcm
- 10 Year change
- up 44.9%
- Ave. £ per ft²
- £222/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Sales Market Trends
The last sale in NE1 3RJ sold for £115,000 on 8th May 2025. Since then prices are up an average of 1.6%.
The current average value in the postcode is £157,358.
The NE1 3RJ Sales Market has increased by 7.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £157,358 |
| June 2025 | 4.7% | £155,696 |
| June 2024 | -2.4% | £148,702 |
| June 2023 | -0.5% | £152,337 |
| June 2022 | 5% | £153,041 |
| June 2021 | 0.7% | £145,719 |
| June 2020 | 1% | £144,680 |
| June 2019 | 0.5% | £143,227 |
| June 2018 | -1.1% | £142,565 |
| June 2017 | -1.7% | £144,206 |
| June 2016 | 1.1% | £146,764 |
| June 2015 | 3.7% | £145,231 |
| June 2014 | 0.9% | £140,006 |
| June 2013 | 0.8% | £138,763 |
| June 2012 | -2.8% | £137,632 |
| June 2011 | -3.2% | £141,530 |
| June 2010 | 0.9% | £146,163 |
| June 2009 | -11% | £144,887 |
| June 2008 | -4.7% | £162,785 |
| June 2007 | 0% | £170,806 |
Rental Market Trends
The current average rental value in the postcode is £1,029.
The NE1 3RJ Rental Market has increased by 44.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,029pcm |
| June 2025 | 4.8% | £990pcm |
| June 2024 | 9.4% | £945pcm |
| June 2023 | 8.3% | £864pcm |
| June 2022 | 8.7% | £797pcm |
| June 2021 | 3.6% | £733pcm |
| June 2020 | 1.5% | £708pcm |
| June 2019 | 0.5% | £698pcm |
| June 2018 | -1.1% | £695pcm |
| June 2017 | -1.1% | £702pcm |
| June 2016 | -0.1% | £710pcm |
| June 2015 | 1.3% | £711pcm |
| June 2014 | 1.1% | £701pcm |
| June 2013 | -0.2% | £694pcm |
| June 2012 | 0.4% | £695pcm |
| June 2011 | 1.8% | £692pcm |
| June 2010 | 0.5% | £680pcm |
| June 2009 | -5% | £676pcm |
| June 2008 | -0.8% | £712pcm |
| June 2007 | 0% | £718pcm |
Sales History
The last sale was on 8th May 2025 for £115,000 and since then the market in the area has increased by 1.6%. The postcode has had a total of 73 sales since 1995.
NE1 3RJ has seen 7 sales in the last three years and no sales in the last twelve months.
- Sold May 2025£115,000 | 2 Bed FlatApartment 20, 58, Close, Newcastle Upon Tyne, NE1 3RJApartment 20, 58, Close, Newcastle Upon Tyne, NE1 3RJ
- Sold Apr 2025£165,000 | 2 Bed FlatApartment 4, 62, Close, Newcastle Upon Tyne, NE1 3RJApartment 4, 62, Close, Newcastle Upon Tyne, NE1 3RJ
- Sold Feb 2025£90,000 | 2 Bed FlatApartment 4, 58, Close, Newcastle Upon Tyne, NE1 3RJApartment 4, 58, Close, Newcastle Upon Tyne, NE1 3RJ
- Sold Nov 2024£110,000 | 2 Bed FlatApartment 24, 58, Close, Newcastle Upon Tyne, NE1 3RJApartment 24, 58, Close, Newcastle Upon Tyne, NE1 3RJ
- Sold Aug 2024£148,000 | 2 Bed FlatApartment 7, 58, Close, Newcastle Upon Tyne, NE1 3RJApartment 7, 58, Close, Newcastle Upon Tyne, NE1 3RJ
Nearby Postcodes
NE1 3RJ is the 588th largest and the 264th most expensive postcode out of the 804 postcodes in the NE1 area.
- NE1 3NH, Clavering Place, Newcastle Upon Tyne, NE1NE1 3NH27 Addresses|36 m away
- NE1 3RF, Close, Newcastle Upon Tyne, NE1NE1 3RF46 Addresses|43 m away
- NE1 3AT, Clavering Place, Newcastle Upon Tyne, NE1NE1 3AT10 Addresses|45 m away
- NE1 1NA, Queens Lane, Newcastle Upon Tyne, NE1NE1 1NA57 Addresses|72 m away
- NE1 1RN, Queens Lane, Newcastle Upon Tyne, NE1NE1 1RN1 Addresses|82 m away
Property Types
- 41 modern flats built after 1980
- modern flat (41)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 39 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (6)
- F (0)
- C (22)
- G (0)
- D (9)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Nov 2022£339,999 | 2 Bed FlatApartment 41, Merchants Quay 46-54, Close, Newcastle Upon Tyne, NE1 3RFApartment 41, Merchants Quay 46-54, Close, Newcastle Upon Tyne, NE1 3RF
- Sold Feb 2007£310,000 | 2 Bed FlatApartment 17, 62, Close, Newcastle Upon Tyne, NE1 3RJApartment 17, 62, Close, Newcastle Upon Tyne, NE1 3RJ
- Sold Jan 2008£300,000 | 3 Bed FlatApartment 21, 58, Close, Newcastle Upon Tyne, NE1 3RJApartment 21, 58, Close, Newcastle Upon Tyne, NE1 3RJ
Schools Nearby
- Our Lady and St Anne's Catholic Primary School1.0 km away
- Christ Church CofE Primary School1.0 km away
- St Paul's CofE Primary School1.2 km away
- North East Futures UTC300 m away
- Kingsmeadow Community School3.3 km away
- Jesmond Park Academy3.3 km away
More reading links
Public Transport Nearby
The closest station to NE1 3RJ is Newcastle station, which is 400 metres away.
- Newcastle|400 m away
- Manors|700 m away
- Dunston|2.7 km away
- MetroCentre|3.6 km away