NE15 7TG is a residential postcode situated on Wood Grove, Newcastle Upon Tyne, NE15 with 24 addresses.
It ranks as the 604th largest and 117th most expensive of the 874 postcodes in the NE15 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 8 houses and 16 flats.
NE15 7TG is a residential postcode situated on Wood Grove, Newcastle Upon Tyne, NE15 with 24 addresses.
It ranks as the 604th largest and 117th most expensive of the 874 postcodes in the NE15 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 8 houses and 16 flats.
Sale prices range from £83,621 for 2 bedroom leasehold flats (516 ft2) to £246,759 for 4 bedroom freehold houses with a garden (1,173 ft2) .
Monthly rental prices range from £574 pcm for 2 bed flats to £1,192 pcm for 4 bed houses.
The gross rental yield is between 5.8% and 8.2%.
The average value per square foot is £156.
The last sale in NE15 7TG sold for £90,000 on 19th December 2024. Since then prices are up an average of 0.4%.
The current average value in the postcode is £131,831.
The NE15 7TG Sales Market has increased by 26.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.2% | £131,831 |
| April 2025 | 3.1% | £132,098 |
| April 2024 | -0.3% | £128,188 |
| April 2023 | 2.6% | £128,630 |
| April 2022 | 9.2% | £125,387 |
| April 2021 | 4.6% | £114,814 |
| April 2020 | 2.4% | £109,726 |
| April 2019 | -1.1% | £107,168 |
| April 2018 | 4.7% | £108,376 |
| April 2017 | -0.5% | £103,479 |
| April 2016 | 2.3% | £103,957 |
| April 2015 | 4% | £101,637 |
| April 2014 | 3.1% | £97,772 |
| April 2013 | -1.9% | £94,830 |
| April 2012 | 0.1% | £96,640 |
| April 2011 | -2.4% | £96,562 |
| April 2010 | 0.5% | £98,972 |
| April 2009 | -13.1% | £98,437 |
| April 2008 | 0.9% | £113,334 |
| April 2007 | 0% | £112,280 |
The current average rental value in the postcode is £760.
The NE15 7TG Rental Market has increased by 54.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.6% | £760pcm |
| April 2025 | 5.9% | £733pcm |
| April 2024 | 6.1% | £692pcm |
| April 2023 | 12.1% | £652pcm |
| April 2022 | 9.8% | £582pcm |
| April 2021 | 3.1% | £530pcm |
| April 2020 | 1.3% | £514pcm |
| April 2019 | 1.9% | £507pcm |
| April 2018 | 0.8% | £498pcm |
| April 2017 | 0.4% | £494pcm |
| April 2016 | 1% | £492pcm |
| April 2015 | 1.6% | £488pcm |
| April 2014 | 1.9% | £480pcm |
| April 2013 | 1.4% | £471pcm |
| April 2012 | -0.1% | £465pcm |
| April 2011 | 1.1% | £465pcm |
| April 2010 | -0.6% | £460pcm |
| April 2009 | -2.8% | £463pcm |
| April 2008 | 0.8% | £476pcm |
| April 2007 | 0% | £473pcm |
The last sale was on 19th December 2024 for £90,000 and since then the market in the area has increased by 0.4%. The postcode has had a total of 39 sales since 1995.
NE15 7TG has seen 5 sales in the last three years and no sales in the last twelve months.
NE15 7TG is the 604th largest and the 117th most expensive postcode out of the 874 postcodes in the NE15 area.
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The closest station to NE15 7TG is Blaydon station which is 1.8 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around NE15 7TG, 48.8% of property is privately owned with a mortgage and 36.6% is privately owned outright.
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 7TG, 15.3% of residents are recorded as possessing school level qualifications and 35.3% 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 7TG, the average age was 39.1 and the most common age was 32.
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 7TG, 0.8% 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 7TG, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
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.