NE12 7FN is a residential postcode situated on Langley Mere, Forest Hall, Newcastle Upon Tyne, NE12 with 22 addresses.
It ranks as the 421st largest and 58th most expensive of the 762 postcodes in the NE12 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 22 properties: 22 flats.
NE12 7FN is a residential postcode situated on Langley Mere, Forest Hall, Newcastle Upon Tyne, NE12 with 22 addresses.
It ranks as the 421st largest and 58th most expensive of the 762 postcodes in the NE12 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 22 properties: 22 flats.
Sale prices range from £87,817 for 2 bedroom Leasehold flats (602 ft2) to £87,817 for 2 bedroom Leasehold flats (602 ft2) .
Monthly rental prices range from £705 pcm for 2 bed flats to £705 pcm for 2 bed flats.
The gross rental yield is between 9.6% and 9.6%.
The average value per square foot is £163.
The last sale in NE12 7FN sold for £11,100,000 on 12th October 2017. Since then prices are down an average of 0.0%.
The current average value in the postcode is £87,817.
The NE12 7FN Sales Market has increased by 11.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3% | £87,817 |
| April 2025 | 3.2% | £90,546 |
| April 2024 | 3% | £87,754 |
| April 2023 | 0.5% | £85,170 |
| April 2022 | 7.3% | £84,788 |
| April 2021 | 1.5% | £78,998 |
| April 2020 | 1.6% | £77,868 |
| April 2019 | -1% | £76,666 |
| April 2018 | -2% | £77,409 |
| April 2017 | 0.6% | £79,019 |
| April 2016 | 2.3% | £78,560 |
| April 2015 | 4.5% | £76,767 |
| April 2014 | 4.6% | £73,429 |
| April 2013 | 0.3% | £70,204 |
| April 2012 | -3.3% | £69,982 |
| April 2011 | 0% | £72,350 |
| April 2010 | 4.3% | £72,377 |
| April 2009 | -11.1% | £69,393 |
| April 2008 | -2.8% | £78,070 |
| April 2007 | 0% | £80,298 |
The current average rental value in the postcode is £705.
The NE12 7FN Rental Market has increased by 47.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £705pcm |
| April 2025 | 6.5% | £687pcm |
| April 2024 | 10.6% | £645pcm |
| April 2023 | 6.1% | £583pcm |
| April 2022 | 11% | £550pcm |
| April 2021 | 3.2% | £496pcm |
| April 2020 | 1.2% | £480pcm |
| April 2019 | 0.2% | £475pcm |
| April 2018 | -1.6% | £474pcm |
| April 2017 | 1.1% | £481pcm |
| April 2016 | 3.2% | £476pcm |
| April 2015 | 1.5% | £462pcm |
| April 2014 | 1.6% | £455pcm |
| April 2013 | 0.8% | £447pcm |
| April 2012 | -1.4% | £444pcm |
| April 2011 | -0.1% | £450pcm |
| April 2010 | 5.7% | £450pcm |
| April 2009 | -6.7% | £426pcm |
| April 2008 | 0.9% | £456pcm |
| April 2007 | 0% | £453pcm |
The last sale was on 12th October 2017 for £11,100,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
NE12 7FN has seen no sales in the last three years and no sales in the last twelve months.
NE12 7FN is the 421st largest and the 58th most expensive postcode out of the 762 postcodes in the NE12 area.
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The closest station to NE12 7FN is Northumberland Park (Tyne & Wear) station which is 3.4 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around NE12 7FN, 44.8% of property is privately owned outright and 29.6% 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 7FN, 12.5% of residents are recorded as possessing school level qualifications and 35.6% 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 7FN, the average age was 41.9 and the most common age was 52.
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 7FN, 0.8% 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 7FN, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.