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Registered Address: 2 Leman St, London E1 8FA
NE15 7RZHouse Prices / North East, Newcastle upon Tyne, Morston Drive
Last updated May 2026
Key Postcode Insights
NE15 7RZ is a residential postcode situated on Morston Drive, Newcastle Upon Tyne, NE15 with 17 addresses.
It ranks as the 449th largest and 587th 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 17 properties: 16 houses and 1 flat.
17
Properties
- Houses
- Flats
Key Postcode Insights
NE15 7RZ is a residential postcode situated on Morston Drive, Newcastle Upon Tyne, NE15 with 17 addresses.
It ranks as the 449th largest and 587th 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 17 properties: 16 houses and 1 flat.
17
Properties
- Houses
- Flats
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House Pricesin NE15 7RZ
Sale prices range from £98,315 for 3 bedroom leasehold flats (919 ft2) to £254,764 for 4 bedroom freehold houses with a garden (1,614 ft2) .
Monthly rental prices range from £590 pcm for 3 bed flats to £1,222 pcm for 4 bed houses.
The gross rental yield is between 5.8% and 7.8%.
The average value per square foot is £177.
Average Sale Value
£186,433
Average Rental Value
£1,039 pcm
Average Rental Yield
6.7% /year
Average Value Per Sqft
£177 /ft2
Sales Market Trendsin NE15 7RZ
The last sale in NE15 7RZ sold for £177,000 on 25th October 2024. Since then prices are up an average of 1.6%.
The current average value in the postcode is £186,433.
The NE15 7RZ Sales Market has increased by 27.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.4% | £186,433 |
| April 2025 | 3.2% | £187,096 |
| April 2024 | -0.9% | £181,251 |
| April 2023 | 2.9% | £182,864 |
| April 2022 | 10% | £177,691 |
| April 2021 | 5.2% | £161,475 |
| April 2020 | 2.6% | £153,517 |
| April 2019 | -2.9% | £149,564 |
| April 2018 | 7% | £153,991 |
| April 2017 | -1.6% | £143,931 |
| April 2016 | 2.6% | £146,211 |
| April 2015 | 4.1% | £142,538 |
| April 2014 | 2.1% | £136,961 |
| April 2013 | -1.6% | £134,091 |
| April 2012 | 0.3% | £136,270 |
| April 2011 | -2.7% | £135,871 |
| April 2010 | 0.5% | £139,575 |
| April 2009 | -13.2% | £138,843 |
| April 2008 | 1.4% | £159,938 |
| April 2007 | 0% | £157,768 |
Rental Market Trendsin NE15 7RZ
The current average rental value in the postcode is £1,039.
The NE15 7RZ Rental Market has increased by 56.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.8% | £1,039pcm |
| April 2025 | 6% | £1,000pcm |
| April 2024 | 6.1% | £944pcm |
| April 2023 | 12.3% | £889pcm |
| April 2022 | 10% | £792pcm |
| April 2021 | 3.3% | £720pcm |
| April 2020 | 1.4% | £697pcm |
| April 2019 | 2% | £688pcm |
| April 2018 | 1% | £674pcm |
| April 2017 | 0.5% | £668pcm |
| April 2016 | 1% | £664pcm |
| April 2015 | 1.6% | £657pcm |
| April 2014 | 2.2% | £647pcm |
| April 2013 | 1.5% | £633pcm |
| April 2012 | -0.1% | £624pcm |
| April 2011 | 1.1% | £624pcm |
| April 2010 | -0.4% | £618pcm |
| April 2009 | -2.8% | £620pcm |
| April 2008 | 0.7% | £638pcm |
| April 2007 | 0% | £633pcm |
Explore Propertiesin NE15 7RZ, Morston Drive, Newcastle Upon Tyne, NE15
- 2, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
- 4, Morston Drive, Newcastle Upon Tyne, NE15 7RZ4 bed mid-century house
- 6, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
- 8, Morston Drive, Newcastle Upon Tyne, NE15 7RZ3 bed flat
- 10, Morston Drive, Newcastle Upon Tyne, NE15 7RZ3 bed mid-century house
- 12, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
- 14, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
- 16, Morston Drive, Newcastle Upon Tyne, NE15 7RZ4 bed mid-century house
- 18, Morston Drive, Newcastle Upon Tyne, NE15 7RZ3 bed mid-century house
- 20, Morston Drive, Newcastle Upon Tyne, NE15 7RZ3 bed house
- 22, Morston Drive, Newcastle Upon Tyne, NE15 7RZ3 bed mid-century house
- 24, Morston Drive, Newcastle Upon Tyne, NE15 7RZ3 bed modern house
- 26, Morston Drive, Newcastle Upon Tyne, NE15 7RZ3 bed mid-century house
- 28, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
- 30, Morston Drive, Newcastle Upon Tyne, NE15 7RZ3 bed mid-century house
- 32, Morston Drive, Newcastle Upon Tyne, NE15 7RZ3 bed mid-century house
- 34, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
Sales Historyin NE15 7RZ
The last sale was on 25th October 2024 for £177,000 and since then the market in the area has increased by 1.6%. The postcode has had a total of 16 sales since 1995.
NE15 7RZ has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Oct 2024£177,000 | 3 Bed HouseMorston Drive10, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
Sold Nov 2021£240,000 | 4 Bed HouseMorston Drive16, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
Sold Oct 2021£215,000 | 4 Bed HouseMorston Drive16, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
Sold Jun 2021£150,000 | 3 Bed HouseMorston Drive32, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
Sold Dec 2020£175,000 | 3 Bed HouseMorston Drive18, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
Sold Oct 2018£245,000 | 4 Bed HouseMorston Drive4, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
Sold May 2016£149,000 | 3 Bed HouseMorston Drive20, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
Sold Dec 2015£139,950 | 3 Bed HouseMorston Drive18, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
Sold May 2015£143,000 | 3 Bed HouseMorston Drive24, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
Sold Jun 2010£105,000 | 3 Bed HouseMorston Drive22, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
Sold May 2009£110,000 | 3 Bed HouseMorston Drive20, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
Sold May 2007£184,000 | 3 Bed FlatMorston Drive8, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
Sold Jul 2004£147,000 | 2 Bed HouseMorston Drive28, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
Sold Oct 2001£84,950 | 3 Bed FlatMorston Drive8, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
Sold Aug 2001£69,950 | 3 Bed HouseMorston Drive24, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
Sold Mar 1999£78,000 | 4 Bed HouseMorston Drive4, Morston Drive, Newcastle Upon Tyne, NE15 7RZ
Nearby Postcodesto NE15 7RZ
NE15 7RZ is the 449th largest and the 587th most expensive postcode out of the 874 postcodes in the NE15 area.
- 54 mNE15 7RW, Matfen Close, Newcastle Upon Tyne, NE15NE15 7RW6 Addresses
- 64 mNE15 7QZ, Maple Close, Newcastle Upon Tyne, NE15NE15 7QZ16 Addresses
- 104 mNE15 7SU, Melrose Close, West Denton, Newcastle Upon Tyne, NE15NE15 7SU23 Addresses
- 118 mNE15 7RG, Moorcroft Road, Newcastle Upon Tyne, NE15NE15 7RG32 Addresses
- 132 mNE15 7QJ, Malton Close, Newcastle Upon Tyne, NE15NE15 7QJ9 Addresses
- 137 mNE15 7SW, Lintzford Gardens, Newcastle Upon Tyne, NE15NE15 7SW19 Addresses
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Property Typesin NE15 7RZ
- 1 modern house built after 1980
- 8 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 flat of an unknown age
- 6 other addresses of unknown type
- modern house (1)
- mid-century house (8)
- house (1)
- flat (1)
- Unknown (6)
Energy Efficiencyof properties in NE15 7RZ
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (5)
- G (0)
- D (4)
- No EPC (8)
Top 3 Most Expensive Saleson Morston Drive
Schools Nearbyto NE15 7RZ
The nearest primary school to NE15 7RZ is Waverley Primary School which is 154 metres away.
- 154mWaverley Primary School
- 427mBroadwood Primary School
- 533mSt George's Catholic Primary School, Bells Close
The nearest secondary school is St Cuthbert's High School which is 1.6 kilometres away.
- 1.6kmSt Cuthbert's High School
- 1.8kmStudio West
- 2.3kmSt Thomas More Catholic School, Blaydon
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Public Transport Nearbyto NE15 7RZ
The closest station to NE15 7RZ is Blaydon station which is 1.6 kilometres away.
- 1.6kmBlaydon
- 3.1kmMetroCentre
- 4.9kmDunston
- 5.4kmNewcastle
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