Princess Square - NE1 8ER
Key Postcode Insights
NE1 8ER is a residential postcode situated on Princess Square, Newcastle Upon Tyne, NE1 with 5 addresses.
It ranks as the 165th largest and 628th most expensive of the 804 postcodes in the NE1 area.
The postcode contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £367,785
- 10 Year change
- up 24.3%
- Ave. Rental Price
- £2,255pcm
- 10 Year change
- up 73.4%
- Ave. £ per ft²
- £292/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Key Postcode Insights
NE1 8ER is a residential postcode situated on Princess Square, Newcastle Upon Tyne, NE1 with 5 addresses.
It ranks as the 165th largest and 628th most expensive of the 804 postcodes in the NE1 area.
The postcode contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £367,785
- 10 Year change
- up 24.3%
- Ave. Rental Price
- £2,255pcm
- 10 Year change
- up 73.4%
- Ave. £ per ft²
- £292/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Explore Properties in NE1 8ER
- 1-5 Princess Square
House
- 6 Princess Square
House
- 7 Princess Square
House
- 9-13 Princess Square
House
Sales Market Trends
The last sale in NE1 8ER sold for £31,585,000 on 26th March 2018. Since then prices are down an average of 0.0%.
The current average value in the postcode is £367,785.
The NE1 8ER Sales Market has increased by 24.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.4% | £367,785 |
| June 2025 | 8.5% | £362,657 |
| June 2024 | -2.9% | £334,336 |
| June 2023 | 0.5% | £344,199 |
| June 2022 | 8.5% | £342,639 |
| June 2021 | 3.4% | £315,941 |
| June 2020 | 2.4% | £305,614 |
| June 2019 | 0.5% | £298,489 |
| June 2018 | -0.1% | £297,098 |
| June 2017 | 0.5% | £297,357 |
| June 2016 | 4.3% | £295,827 |
| June 2015 | 5% | £283,753 |
| June 2014 | 1.7% | £270,160 |
| June 2013 | 2.1% | £265,767 |
| June 2012 | -2% | £260,179 |
| June 2011 | -3.3% | £265,581 |
| June 2010 | 1.9% | £274,528 |
| June 2009 | -11.4% | £269,487 |
| June 2008 | -3.7% | £304,003 |
| June 2007 | 0% | £315,557 |
Rental Market Trends
The current average rental value in the postcode is £2,255.
The NE1 8ER Rental Market has increased by 73.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £2,255pcm |
| June 2025 | 7% | £2,154pcm |
| June 2024 | 10.6% | £2,013pcm |
| June 2023 | 11% | £1,820pcm |
| June 2022 | 11.7% | £1,640pcm |
| June 2021 | 7% | £1,467pcm |
| June 2020 | 2.4% | £1,372pcm |
| June 2019 | 0.9% | £1,340pcm |
| June 2018 | 0.6% | £1,328pcm |
| June 2017 | 1.6% | £1,320pcm |
| June 2016 | 2.5% | £1,300pcm |
| June 2015 | 2.1% | £1,268pcm |
| June 2014 | 2.7% | £1,242pcm |
| June 2013 | 1.1% | £1,210pcm |
| June 2012 | 2% | £1,197pcm |
| June 2011 | 2% | £1,173pcm |
| June 2010 | 1.5% | £1,149pcm |
| June 2009 | -5.7% | £1,132pcm |
| June 2008 | -0.1% | £1,201pcm |
| June 2007 | 0% | £1,202pcm |
Sales History
The last recorded sale was on 26th March 2018 for £31,585,000 and since then the market in the area has remained stable.
NE1 8ER has had 1 sale since 1995, none of them in the last three years.
- Sold Mar 2018£31,585,000 | 3 Bed House15-17, Princess Square, Newcastle Upon Tyne, NE1 8ER15-17, Princess Square, Newcastle Upon Tyne, NE1 8ER
Nearby Postcodes
NE1 8ER is the 165th largest and the 628th most expensive postcode out of the 804 postcodes in the NE1 area.
- NE1 7DE, Northumberland Street, Newcastle Upon Tyne, NE1NE1 7DE22 Addresses|51 m away
- NE1 8JE, Saville Row, Newcastle Upon Tyne, NE1NE1 8JE5 Addresses|69 m away
- NE1 8EG, Princess Square, Newcastle Upon Tyne, NE1NE1 8EG49 Addresses|74 m away
- NE1 8EQ, Princess Square, Newcastle Upon Tyne, NE1NE1 8EQ41 Addresses|74 m away
- NE1 8EZ, Princess Square, Newcastle Upon Tyne, NE1NE1 8EZ42 Addresses|74 m away
Property Types
- 5 other addresses of unknown type
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Mar 2018£31,585,000 | 3 Bed House15-17, Princess Square, Newcastle Upon Tyne, NE1 8ER15-17, Princess Square, Newcastle Upon Tyne, NE1 8ER
- Sold Aug 2022£105,000 | 2 Bed Flat118 Bewick Court, Princess Square, Newcastle Upon Tyne, NE1 8EZ118 Bewick Court, Princess Square, Newcastle Upon Tyne, NE1 8EZ
- Sold Dec 2018£100,800 | 2 Bed Flat62 Bewick Court, Princess Square, Newcastle Upon Tyne, NE1 8EQ62 Bewick Court, Princess Square, Newcastle Upon Tyne, NE1 8EQ
Schools Nearby
- Christ Church CofE Primary School500 m away
- Our Lady and St Anne's Catholic Primary School1.2 km away
- St Paul's CofE Primary School1.3 km away
- North East Futures UTC1.0 km away
- Jesmond Park Academy2.6 km away
- Sacred Heart Catholic High School3.1 km away
More reading links
Public Transport Nearby
The closest station to NE1 8ER is Manors station, which is 500 metres away.
- Manors|500 m away
- Newcastle|900 m away
- Dunston|3.4 km away
- MetroCentre|3.9 km away