Monks Park Way - NE12 8XJ
Key Postcode Insights
NE12 8XJ is a residential postcode situated on Monks Park Way, Newcastle Upon Tyne, NE12 with 12 addresses.
It ranks as the 230th largest and 35th 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
- £85,761
- 10 Year change
- up 16.5%
- Ave. Rental Price
- £707pcm
- 10 Year change
- up 45.9%
- Ave. £ per ft²
- £130/ft²
- Ave. Gross Yield
- 9.9%/year/yr
Key Postcode Insights
NE12 8XJ is a residential postcode situated on Monks Park Way, Newcastle Upon Tyne, NE12 with 12 addresses.
It ranks as the 230th largest and 35th 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
- £85,761
- 10 Year change
- up 16.5%
- Ave. Rental Price
- £707pcm
- 10 Year change
- up 45.9%
- Ave. £ per ft²
- £130/ft²
- Ave. Gross Yield
- 9.9%/year/yr
Explore Propertiesin NE12 8XJ
- 1 Monks Park Way
Flat
- 3 Monks Park Way
2 Bed Mid-century Flat
- 5 Monks Park Way
2 Bed Mid-century Flat
- 7 Monks Park Way
Flat
- 9 Monks Park Way
Flat
Sales Market Trends
The last sale in NE12 8XJ sold for £83,000 on 14th December 2023. Since then prices are up an average of 7.2%.
The current average value in the postcode is £85,761.
The NE12 8XJ Sales Market has increased by 16.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £85,761 |
| June 2025 | 3.8% | £85,534 |
| June 2024 | 3.3% | £82,398 |
| June 2023 | -0.2% | £79,788 |
| June 2022 | 6.6% | £79,964 |
| June 2021 | 2.1% | £74,982 |
| June 2020 | 1.5% | £73,446 |
| June 2019 | -0.4% | £72,396 |
| June 2018 | -1.1% | £72,668 |
| June 2017 | -0.2% | £73,504 |
| June 2016 | 2.2% | £73,637 |
| June 2015 | 3% | £72,053 |
| June 2014 | 2.1% | £69,943 |
| June 2013 | 0.3% | £68,506 |
| June 2012 | -1.7% | £68,308 |
| June 2011 | -3% | £69,503 |
| June 2010 | 1.5% | £71,621 |
| June 2009 | -9.8% | £70,562 |
| June 2008 | -3.4% | £78,253 |
| June 2007 | 0% | £81,031 |
Rental Market Trends
The current average rental value in the postcode is £707.
The NE12 8XJ Rental Market has increased by 45.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £707pcm |
| June 2025 | 4.9% | £690pcm |
| June 2024 | 9.9% | £658pcm |
| June 2023 | 7.4% | £599pcm |
| June 2022 | 10.4% | £557pcm |
| June 2021 | 3.8% | £505pcm |
| June 2020 | 1.2% | £486pcm |
| June 2019 | 0.8% | £481pcm |
| June 2018 | -0.5% | £477pcm |
| June 2017 | -1.1% | £479pcm |
| June 2016 | 2.1% | £485pcm |
| June 2015 | 0.5% | £475pcm |
| June 2014 | 0.6% | £472pcm |
| June 2013 | -0.1% | £469pcm |
| June 2012 | -0.7% | £470pcm |
| June 2011 | -0.4% | £473pcm |
| June 2010 | 1.3% | £475pcm |
| June 2009 | -6% | £469pcm |
| June 2008 | -0.4% | £499pcm |
| June 2007 | 0% | £501pcm |
Sales History
The last sale was on 14th December 2023 for £83,000 and since then the market in the area has increased by 7.2%. The postcode has had a total of 11 sales since 1995.
NE12 8XJ has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Dec 2023£83,000 | 2 Bed Flat21, Monks Park Way, Newcastle Upon Tyne, NE12 8XJ21, Monks Park Way, Newcastle Upon Tyne, NE12 8XJ
- Sold Mar 2023£82,000 | 2 Bed Flat23, Monks Park Way, Newcastle Upon Tyne, NE12 8XJ23, Monks Park Way, Newcastle Upon Tyne, NE12 8XJ
- Sold Apr 2022£87,500 | 2 Bed Flat11, Monks Park Way, Newcastle Upon Tyne, NE12 8XJ11, Monks Park Way, Newcastle Upon Tyne, NE12 8XJ
- Sold Feb 2020£72,500 | 2 Bed Flat23, Monks Park Way, Newcastle Upon Tyne, NE12 8XJ23, Monks Park Way, Newcastle Upon Tyne, NE12 8XJ
- Sold Jul 2017£60,000 | 2 Bed Flat3, Monks Park Way, Newcastle Upon Tyne, NE12 8XJ3, Monks Park Way, Newcastle Upon Tyne, NE12 8XJ
Nearby Postcodes
NE12 8XJ is the 230th largest and the 35th most expensive postcode out of the 762 postcodes in the NE12 area.
- NE12 8ZF, Monks Park Court, Newcastle Upon Tyne, NE12NE12 8ZF8 Addresses|48 m away
- NE12 8XE, Monks Park Way, Newcastle Upon Tyne, NE12NE12 8XE19 Addresses|57 m away
- NE12 8RY, West Farm Avenue, Newcastle Upon Tyne, NE12NE12 8RY18 Addresses|58 m away
- NE12 8RX, West Farm Avenue, Newcastle Upon Tyne, NE12NE12 8RX12 Addresses|62 m away
- NE12 8UR, Mendip Way, Newcastle Upon Tyne, NE12NE12 8UR7 Addresses|78 m away
Property Types
- 9 mid-century flats built between 1936 and 1979
- 3 other addresses of unknown type
- mid-century flat (9)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (4)
- G (0)
- D (4)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold May 2022£195,000 | 3 Bed House38, Monks Park Way, Newcastle Upon Tyne, NE12 8XE38, Monks Park Way, Newcastle Upon Tyne, NE12 8XE
- Sold Aug 2024£189,950 | 3 Bed House36, Monks Park Way, Newcastle Upon Tyne, NE12 8XE36, Monks Park Way, Newcastle Upon Tyne, NE12 8XE
- Sold Mar 2025£161,000 | 3 Bed House18, Monks Park Way, Newcastle Upon Tyne, NE12 8XE18, Monks Park Way, Newcastle Upon Tyne, NE12 8XE
Schools Nearby
- Archbishop Runcie CofE First School1.1 km away
- St Stephen's Catholic Primary School, Newcastle1.2 km away
- St Bartholomew's Church of England Primary School (Aided)1.3 km away
- St Mary's Catholic School700 m away
- Longbenton High School1.4 km away
- Gosforth Academy1.9 km away
More reading links
Public Transport Nearby
The closest station to NE12 8XJ is Manors station, which is 4.6 kilometres away.
- Manors|4.6 km away
- Northumberland Park (Tyne & Wear)|5.2 km away
- Newcastle|5.3 km away
- Heworth|7.3 km away