Chesters Avenue - NE12 8PY
Key Postcode Insights
NE12 8PY is a residential postcode situated on Chesters Avenue, Newcastle Upon Tyne, NE12 with 12 addresses.
It ranks as the 221st largest and 87th most expensive of the 762 postcodes in the NE12 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 flats.
- Ave. Sale Price
- £95,373
- 10 Year change
- up 17.8%
- Ave. Rental Price
- £760pcm
- 10 Year change
- up 47.4%
- Ave. £ per ft²
- £138/ft²
- Ave. Gross Yield
- 9.6%/year/yr
Key Postcode Insights
NE12 8PY is a residential postcode situated on Chesters Avenue, Newcastle Upon Tyne, NE12 with 12 addresses.
It ranks as the 221st largest and 87th most expensive of the 762 postcodes in the NE12 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 flats.
- Ave. Sale Price
- £95,373
- 10 Year change
- up 17.8%
- Ave. Rental Price
- £760pcm
- 10 Year change
- up 47.4%
- Ave. £ per ft²
- £138/ft²
- Ave. Gross Yield
- 9.6%/year/yr
Explore Propertiesin NE12 8PY
- 50 Chesters Avenue
2 Bed Mid-century Flat
- 52 Chesters Avenue
2 Bed Mid-century Flat
- 54 Chesters Avenue
2 Bed Mid-century Flat
- 56 Chesters Avenue
2 Bed Mid-century Flat
- 58 Chesters Avenue
2 Bed Mid-century Flat
Sales Market Trends
The last sale in NE12 8PY sold for £82,000 on 14th July 2021. Since then prices are up an average of 15.2%.
The current average value in the postcode is £95,373.
The NE12 8PY Sales Market has increased by 17.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.4% | £95,373 |
| June 2025 | 4% | £95,027 |
| June 2024 | 3.1% | £91,376 |
| June 2023 | -0.3% | £88,590 |
| June 2022 | 7.6% | £88,848 |
| June 2021 | 2.3% | £82,568 |
| June 2020 | 1.1% | £80,729 |
| June 2019 | -0.4% | £79,886 |
| June 2018 | -1% | £80,219 |
| June 2017 | 0.1% | £81,070 |
| June 2016 | 1.6% | £80,958 |
| June 2015 | 2.9% | £79,674 |
| June 2014 | 2.5% | £77,450 |
| June 2013 | 0% | £75,547 |
| June 2012 | -1.8% | £75,528 |
| June 2011 | -3.1% | £76,918 |
| June 2010 | 1.8% | £79,413 |
| June 2009 | -10.3% | £78,017 |
| June 2008 | -3.8% | £86,945 |
| June 2007 | 0% | £90,363 |
Rental Market Trends
The current average rental value in the postcode is £760.
The NE12 8PY Rental Market has increased by 47.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £760pcm |
| June 2025 | 5.5% | £742pcm |
| June 2024 | 10.2% | £704pcm |
| June 2023 | 7% | £639pcm |
| June 2022 | 10.8% | £597pcm |
| June 2021 | 4.2% | £539pcm |
| June 2020 | 1.2% | £517pcm |
| June 2019 | 0.7% | £511pcm |
| June 2018 | -0.5% | £507pcm |
| June 2017 | -1.2% | £510pcm |
| June 2016 | 2.5% | £516pcm |
| June 2015 | 0.2% | £504pcm |
| June 2014 | 0.7% | £503pcm |
| June 2013 | -0.1% | £499pcm |
| June 2012 | -1% | £499pcm |
| June 2011 | -0.6% | £504pcm |
| June 2010 | 1.8% | £507pcm |
| June 2009 | -6.3% | £498pcm |
| June 2008 | -0.1% | £532pcm |
| June 2007 | 0% | £533pcm |
Sales History
The last sale was on 14th July 2021 for £82,000 and since then the market in the area has increased by 15.2%. The postcode has had a total of 3 sales since 1995.
NE12 8PY has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jul 2021£82,000 | 2 Bed Flat70, Chesters Avenue, Newcastle Upon Tyne, NE12 8PY70, Chesters Avenue, Newcastle Upon Tyne, NE12 8PY
- Sold Mar 2018£85,000 | 2 Bed Flat62, Chesters Avenue, Newcastle Upon Tyne, NE12 8PY62, Chesters Avenue, Newcastle Upon Tyne, NE12 8PY
- Sold Dec 2011£83,000 | 2 Bed Flat62, Chesters Avenue, Newcastle Upon Tyne, NE12 8PY62, Chesters Avenue, Newcastle Upon Tyne, NE12 8PY
Nearby Postcodes
NE12 8PY is the 221st largest and the 87th most expensive postcode out of the 762 postcodes in the NE12 area.
- NE12 8TT, Chesters Avenue, Newcastle Upon Tyne, NE12NE12 8TT24 Addresses|69 m away
- NE12 8QQ, Lutterworth Road, Newcastle Upon Tyne, NE12NE12 8QQ60 Addresses|73 m away
- NE12 8JL, Rowanberry Road, Newcastle Upon Tyne, NE12NE12 8JL36 Addresses|76 m away
- NE12 8TU, Chesters Avenue, Newcastle Upon Tyne, NE12NE12 8TU12 Addresses|109 m away
- NE12 8QW, Lutterworth Place, Newcastle Upon Tyne, NE12NE12 8QW6 Addresses|111 m away
Property Types
- 11 mid-century flats built between 1936 and 1979
- 1 other address of unknown type
- mid-century flat (11)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (7)
- G (0)
- D (4)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Dec 2021£215,000 | 3 Bed House7, Chesters Avenue, Newcastle Upon Tyne, NE12 8TT7, Chesters Avenue, Newcastle Upon Tyne, NE12 8TT
- Sold Jun 2025£212,000 | 3 Bed House21, Chesters Avenue, Newcastle Upon Tyne, NE12 8TT21, Chesters Avenue, Newcastle Upon Tyne, NE12 8TT
- Sold Oct 2017£190,000 | 4 Bed HouseDunelm, Chesters Avenue, Newcastle Upon Tyne, NE12 8TYDunelm, Chesters Avenue, Newcastle Upon Tyne, NE12 8TY
Schools Nearby
- Benton Park Primary School600 m away
- St Stephen's Catholic Primary School, Newcastle800 m away
- St Bartholomew's Church of England Primary School (Aided)800 m away
- St Mary's Catholic School600 m away
- Longbenton High School1.2 km away
- Jesmond Park Academy1.7 km away
More reading links
Public Transport Nearby
The closest station to NE12 8PY is Manors station, which is 4.3 kilometres away.
- Manors|4.3 km away
- Northumberland Park (Tyne & Wear)|4.9 km away
- Newcastle|5.0 km away
- Heworth|6.7 km away
