NE12 6GP is a residential postcode situated on Redwood Close, Newcastle Upon Tyne, NE12 with 12 addresses.
It ranks as the 207th largest and 155th most expensive of the 762 postcodes in the NE12 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 houses.
NE12 6GP is a residential postcode situated on Redwood Close, Newcastle Upon Tyne, NE12 with 12 addresses.
It ranks as the 207th largest and 155th most expensive of the 762 postcodes in the NE12 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 houses.
Sale prices range from £112,118 for 3 bedroom freehold houses with a garden (759 ft2) to £122,677 for 3 bedroom freehold houses with a garden (904 ft2) .
Monthly rental prices range from £855 pcm for 3 bed houses to £896 pcm for 3 bed houses.
The gross rental yield is between 8.8% and 9.1%.
The average value per square foot is £137.
The last sale in NE12 6GP sold for £80,000 on 26th September 2014. Since then prices are up an average of 43.1%.
The current average value in the postcode is £118,500.
The NE12 6GP Sales Market has increased by 36.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.3% | £118,500 |
| April 2025 | 5.8% | £118,167 |
| April 2024 | 2.8% | £111,699 |
| April 2023 | 1.9% | £108,608 |
| April 2022 | 12.3% | £106,586 |
| April 2021 | 5% | £94,882 |
| April 2020 | 2.4% | £90,368 |
| April 2019 | -0.7% | £88,276 |
| April 2018 | 1.1% | £88,866 |
| April 2017 | 1.5% | £87,882 |
| April 2016 | 1.4% | £86,625 |
| April 2015 | 4.8% | £85,390 |
| April 2014 | 5% | £81,486 |
| April 2013 | 0.7% | £77,636 |
| April 2012 | -2.1% | £77,106 |
| April 2011 | -2% | £78,786 |
| April 2010 | 2.1% | £80,360 |
| April 2009 | -12.2% | £78,680 |
| April 2008 | -1.3% | £89,638 |
| April 2007 | 0% | £90,863 |
The current average rental value in the postcode is £880.
The NE12 6GP Rental Market has increased by 80.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.7% | £880pcm |
| April 2025 | 9.2% | £833pcm |
| April 2024 | 10.4% | £763pcm |
| April 2023 | 7.7% | £691pcm |
| April 2022 | 15.9% | £641pcm |
| April 2021 | 6.8% | £553pcm |
| April 2020 | 2.3% | £518pcm |
| April 2019 | 0.5% | £506pcm |
| April 2018 | 1.3% | £504pcm |
| April 2017 | 1.9% | £497pcm |
| April 2016 | 2.1% | £488pcm |
| April 2015 | 2% | £478pcm |
| April 2014 | 2.1% | £469pcm |
| April 2013 | 1.1% | £459pcm |
| April 2012 | -0.2% | £454pcm |
| April 2011 | -1.5% | £455pcm |
| April 2010 | 3.5% | £462pcm |
| April 2009 | -7.8% | £446pcm |
| April 2008 | 2% | £484pcm |
| April 2007 | 0% | £475pcm |
The last sale was on 26th September 2014 for £80,000 and since then the market in the area has increased by 43.1%. The postcode has had a total of 3 sales since 1995.
NE12 6GP has seen no sales in the last three years and no sales in the last twelve months.
NE12 6GP is the 207th largest and the 155th most expensive postcode out of the 762 postcodes in the NE12 area.
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The closest station to NE12 6GP is Northumberland Park (Tyne & Wear) station which is 3.8 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around NE12 6GP, 62.5% of property is socially rented and 18.0% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NE12 6GP, 23.1% of residents are recorded as possessing school level qualifications and 17.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE12 6GP, the average age was 40.7 and the most common age was 32.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NE12 6GP, 0.7% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NE12 6GP, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.