NE12 9NZ is a residential postcode situated on Midhurst Road, Newcastle Upon Tyne, NE12 with 21 addresses.
It ranks as the 410th largest and 133rd most expensive of the 762 postcodes in the NE12 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 21 properties: 21 flats.
NE12 9NZ is a residential postcode situated on Midhurst Road, Newcastle Upon Tyne, NE12 with 21 addresses.
It ranks as the 410th largest and 133rd most expensive of the 762 postcodes in the NE12 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 21 properties: 21 flats.
Sale prices range from £108,701 for 2 bedroom leasehold flats (559 ft2) to £121,782 for 2 bedroom leasehold flats (711 ft2) .
Monthly rental prices range from £736 pcm for 2 bed flats to £800 pcm for 2 bed flats.
The gross rental yield is between 7.9% and 8.1%.
The average value per square foot is £185.
The last sale in NE12 9NZ sold for £124,000 on 12th February 2024. Since then prices are up an average of 3.0%.
The current average value in the postcode is £115,141.
The NE12 9NZ Sales Market has increased by 14.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.6% | £115,141 |
| April 2025 | 4.2% | £118,266 |
| April 2024 | 2.4% | £113,500 |
| April 2023 | 0.5% | £110,862 |
| April 2022 | 9.3% | £110,285 |
| April 2021 | 1.6% | £100,913 |
| April 2020 | 1.2% | £99,340 |
| April 2019 | -0.9% | £98,161 |
| April 2018 | -1.6% | £99,018 |
| April 2017 | -0.2% | £100,604 |
| April 2016 | 1.2% | £100,823 |
| April 2015 | 3.3% | £99,634 |
| April 2014 | 2.4% | £96,479 |
| April 2013 | 0.2% | £94,218 |
| April 2012 | -4.1% | £94,045 |
| April 2011 | -1.5% | £98,110 |
| April 2010 | 0.8% | £99,642 |
| April 2009 | -11.9% | £98,809 |
| April 2008 | -1.3% | £112,117 |
| April 2007 | 0% | £113,577 |
The current average rental value in the postcode is £769.
The NE12 9NZ Rental Market has increased by 50.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £769pcm |
| April 2025 | 7.5% | £748pcm |
| April 2024 | 9.8% | £696pcm |
| April 2023 | 6% | £634pcm |
| April 2022 | 13% | £597pcm |
| April 2021 | 3.3% | £529pcm |
| April 2020 | 0.8% | £512pcm |
| April 2019 | 0.2% | £508pcm |
| April 2018 | -1.3% | £507pcm |
| April 2017 | 0.2% | £513pcm |
| April 2016 | 2% | £512pcm |
| April 2015 | 0.3% | £502pcm |
| April 2014 | -0.5% | £501pcm |
| April 2013 | 0.7% | £503pcm |
| April 2012 | -2.2% | £500pcm |
| April 2011 | -1.5% | £511pcm |
| April 2010 | 2% | £519pcm |
| April 2009 | -7.2% | £509pcm |
| April 2008 | 2.3% | £548pcm |
| April 2007 | 0% | £536pcm |
The last sale was on 12th February 2024 for £124,000 and since then the market in the area has increased by 3.0%. The postcode has had a total of 47 sales since 1995.
NE12 9NZ has seen 2 sales in the last three years and no sales in the last twelve months.
NE12 9NZ is the 410th largest and the 133rd most expensive postcode out of the 762 postcodes in the NE12 area.
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The closest station to NE12 9NZ is Northumberland Park (Tyne & Wear) station which is 3.5 kilometres away.
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