NE15 7QU is a residential postcode situated on Norton Way, Newcastle Upon Tyne, NE15 with 18 addresses.
It ranks as the 474th largest and 668th most expensive of the 874 postcodes in the NE15 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 18 properties: 18 houses.
NE15 7QU is a residential postcode situated on Norton Way, Newcastle Upon Tyne, NE15 with 18 addresses.
It ranks as the 474th largest and 668th most expensive of the 874 postcodes in the NE15 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 18 properties: 18 houses.
Sale prices range from £158,393 for 3 bedroom leasehold houses with a garden (979 ft2) to £264,273 for 4 bedroom leasehold houses with a garden (1,291 ft2) .
Monthly rental prices range from £1,001 pcm for 3 bed houses to £1,214 pcm for 4 bed houses.
The gross rental yield is between 5.4% and 7.6%.
The average value per square foot is £221.
The last sale in NE15 7QU sold for £225,000 on 5th March 2026. Since then prices are up an average of 0.7%.
The current average value in the postcode is £214,935.
The NE15 7QU Sales Market has increased by 31.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £214,935 |
| April 2025 | 3.4% | £214,999 |
| April 2024 | -0.9% | £208,027 |
| April 2023 | 3.6% | £210,015 |
| April 2022 | 10.7% | £202,793 |
| April 2021 | 5.6% | £183,179 |
| April 2020 | 2.8% | £173,445 |
| April 2019 | -2.6% | £168,664 |
| April 2018 | 7.6% | £173,217 |
| April 2017 | -1.2% | £161,013 |
| April 2016 | 2.6% | £162,934 |
| April 2015 | 4.2% | £158,763 |
| April 2014 | 2.4% | £152,410 |
| April 2013 | -0.9% | £148,806 |
| April 2012 | 0.4% | £150,192 |
| April 2011 | -2.8% | £149,526 |
| April 2010 | 1.1% | £153,855 |
| April 2009 | -13.2% | £152,150 |
| April 2008 | 1.8% | £175,259 |
| April 2007 | 0% | £172,166 |
The current average rental value in the postcode is £1,101.
The NE15 7QU Rental Market has increased by 61.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.2% | £1,101pcm |
| April 2025 | 6.1% | £1,057pcm |
| April 2024 | 6.1% | £996pcm |
| April 2023 | 13% | £939pcm |
| April 2022 | 10.7% | £831pcm |
| April 2021 | 3.7% | £751pcm |
| April 2020 | 1.5% | £724pcm |
| April 2019 | 2.2% | £713pcm |
| April 2018 | 1.5% | £697pcm |
| April 2017 | 0.9% | £687pcm |
| April 2016 | 1.1% | £681pcm |
| April 2015 | 1.7% | £673pcm |
| April 2014 | 2.5% | £662pcm |
| April 2013 | 2.2% | £646pcm |
| April 2012 | 0.1% | £632pcm |
| April 2011 | 0.9% | £632pcm |
| April 2010 | 0.2% | £626pcm |
| April 2009 | -2.8% | £625pcm |
| April 2008 | 1.2% | £643pcm |
| April 2007 | 0% | £636pcm |
The last sale was on 5th March 2026 for £225,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 15 sales since 1995.
NE15 7QU has seen 2 sales in the last three years and 1 sale in the last twelve months.
NE15 7QU is the 474th largest and the 668th most expensive postcode out of the 874 postcodes in the NE15 area.
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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.
The recent census recorded whether a resident owned or rented their home.
In the area around NE15 7QU, 60.9% of property is privately owned outright and 34.4% 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 NE15 7QU, 10.8% of residents are recorded as possessing school level qualifications and 25.9% 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 NE15 7QU, the average age was 41.4 and the most common age was 57.
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 NE15 7QU, 1.5% 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 NE15 7QU, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.