Leazes Terrace - NE1 4LY
Key Postcode Insights
NE1 4LY is a residential postcode situated on Leazes Terrace, Newcastle Upon Tyne, NE1 with 120 addresses.
It ranks as the 784th largest and 42nd most expensive of the 804 postcodes in the NE1 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 120 properties: 120 flats.
- Ave. Sale Price
- £150,369
- 10 Year change
- up 7.5%
- Ave. Rental Price
- £947pcm
- 10 Year change
- up 48.6%
- Ave. £ per ft²
- £347/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Key Postcode Insights
NE1 4LY is a residential postcode situated on Leazes Terrace, Newcastle Upon Tyne, NE1 with 120 addresses.
It ranks as the 784th largest and 42nd most expensive of the 804 postcodes in the NE1 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 120 properties: 120 flats.
- Ave. Sale Price
- £150,369
- 10 Year change
- up 7.5%
- Ave. Rental Price
- £947pcm
- 10 Year change
- up 48.6%
- Ave. £ per ft²
- £347/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Explore Propertiesin NE1 4LY
- 2 Leazes Terrace
Period Building | 5 Units
- 3 Leazes Terrace
Period Building | 15 Units
- 6 Leazes Terrace
Flat
- 8 Leazes Terrace
Building  |  4 Flats
- 10 Leazes Terrace
Period Building | 5 Units
Sales Market Trends
The current average value in the postcode is £150,369.
The NE1 4LY Sales Market has increased by 7.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £150,369 |
| June 2025 | 6% | £150,355 |
| June 2024 | -2.8% | £141,873 |
| June 2023 | -0.1% | £145,923 |
| June 2022 | 5.2% | £146,014 |
| June 2021 | 0% | £138,762 |
| June 2020 | 2.2% | £138,773 |
| June 2019 | -0.2% | £135,744 |
| June 2018 | -1.5% | £135,998 |
| June 2017 | -1.3% | £138,035 |
| June 2016 | 3.5% | £139,872 |
| June 2015 | 4.6% | £135,154 |
| June 2014 | 0.6% | £129,266 |
| June 2013 | 1.1% | £128,446 |
| June 2012 | -2.8% | £127,029 |
| June 2011 | -2.6% | £130,657 |
| June 2010 | 1.2% | £134,192 |
| June 2009 | -10.5% | £132,635 |
| June 2008 | -4.7% | £148,246 |
| June 2007 | 0% | £155,549 |
Rental Market Trends
The current average rental value in the postcode is £947.
The NE1 4LY Rental Market has increased by 48.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £947pcm |
| June 2025 | 4.9% | £918pcm |
| June 2024 | 10% | £875pcm |
| June 2023 | 10.2% | £795pcm |
| June 2022 | 8.5% | £722pcm |
| June 2021 | 3.2% | £665pcm |
| June 2020 | 2.2% | £644pcm |
| June 2019 | 0% | £630pcm |
| June 2018 | -0.8% | £630pcm |
| June 2017 | -0.3% | £635pcm |
| June 2016 | 1.7% | £637pcm |
| June 2015 | 1.7% | £626pcm |
| June 2014 | 1.4% | £616pcm |
| June 2013 | 0.1% | £608pcm |
| June 2012 | 1% | £607pcm |
| June 2011 | 2.4% | £601pcm |
| June 2010 | 0.8% | £587pcm |
| June 2009 | -4.7% | £582pcm |
| June 2008 | -1.4% | £610pcm |
| June 2007 | 0% | £619pcm |
Nearby Postcodes
NE1 4LY is the 784th largest and the 42nd most expensive postcode out of the 804 postcodes in the NE1 area.
- NE1 4LZ, Leazes Terrace, Newcastle Upon Tyne, NE1NE1 4LZ55 Addresses|56 m away
- NE1 4NE, St. James Terrace, Newcastle Upon Tyne, NE1NE1 4NE6 Addresses|83 m away
- NE1 4LN, Leazes Crescent, Newcastle Upon Tyne, NE1NE1 4LN12 Addresses|87 m away
- NE1 4LS, Terrace Place, Newcastle Upon Tyne, NE1NE1 4LS1 Addresses|94 m away
- NE1 4BJ, St. James Street, Newcastle Upon Tyne, NE1NE1 4BJ73 Addresses|115 m away
Property Types
- 119 period flats built between 1800 and 1911
- 1 other address of unknown type
- period flat (119)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 119 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (119)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Dec 2007£330,000 | 3 Bed FlatFlat B, 45, Leazes Terrace, Newcastle Upon Tyne, NE1 4LZFlat B, 45, Leazes Terrace, Newcastle Upon Tyne, NE1 4LZ
- Sold Nov 2025£325,000 | 3 Bed FlatFlat B, 46, Leazes Terrace, Newcastle Upon Tyne, NE1 4LZFlat B, 46, Leazes Terrace, Newcastle Upon Tyne, NE1 4LZ
- Sold Apr 2004£325,000 | 3 Bed FlatFlat B, 45, Leazes Terrace, Newcastle Upon Tyne, NE1 4LZFlat B, 45, Leazes Terrace, Newcastle Upon Tyne, NE1 4LZ
Schools Nearby
- Our Lady and St Anne's Catholic Primary School900 m away
- Moorside Primary School900 m away
- St Paul's CofE Primary School1.0 km away
- North East Futures UTC1.2 km away
- Sacred Heart Catholic High School2.5 km away
- Jesmond Park Academy2.8 km away
More reading links
Public Transport Nearby
The closest station to NE1 4LY is Newcastle station, which is 1.0 kilometres away.
- Newcastle|1.0 km away
- Manors|1.1 km away
- Dunston|3.2 km away
- MetroCentre|3.5 km away
