NE15 8NE is a residential postcode situated on Chapel Court, Newcastle Upon Tyne, NE15 with 14 addresses.
It ranks as the 378th largest and 274th most expensive of the 874 postcodes in the NE15 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 14 properties: 14 houses.
NE15 8NE is a residential postcode situated on Chapel Court, Newcastle Upon Tyne, NE15 with 14 addresses.
It ranks as the 378th largest and 274th most expensive of the 874 postcodes in the NE15 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 14 properties: 14 houses.
Sale prices range from £110,937 for 2 bedroom freehold houses with a garden (548 ft2) to £158,393 for 3 bedroom freehold houses with a garden (731 ft2) .
Monthly rental prices range from £781 pcm for 2 bed houses to £1,006 pcm for 3 bed houses.
The gross rental yield is between 7.6% and 8.5%.
The average value per square foot is £182.
The last sale in NE15 8NE sold for £126,756 on 6th February 2026. Since then prices are up an average of 2.0%.
The current average value in the postcode is £126,573.
The NE15 8NE Sales Market has increased by 36.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £126,573 |
| April 2025 | 3.7% | £124,563 |
| April 2024 | -0.3% | £120,102 |
| April 2023 | 2.7% | £120,435 |
| April 2022 | 11.5% | £117,289 |
| April 2021 | 6.1% | £105,206 |
| April 2020 | 3% | £99,185 |
| April 2019 | -2.3% | £96,257 |
| April 2018 | 6.6% | £98,483 |
| April 2017 | -0.6% | £92,423 |
| April 2016 | 1.8% | £93,001 |
| April 2015 | 3.8% | £91,341 |
| April 2014 | 2.6% | £88,029 |
| April 2013 | -1.8% | £85,768 |
| April 2012 | -0.1% | £87,357 |
| April 2011 | -3.7% | £87,407 |
| April 2010 | -0.9% | £90,765 |
| April 2009 | -13.6% | £91,593 |
| April 2008 | 0.4% | £106,011 |
| April 2007 | 0% | £105,547 |
The current average rental value in the postcode is £878.
The NE15 8NE Rental Market has increased by 66.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.6% | £878pcm |
| April 2025 | 6.7% | £832pcm |
| April 2024 | 6.8% | £780pcm |
| April 2023 | 11.5% | £730pcm |
| April 2022 | 11.5% | £655pcm |
| April 2021 | 4.8% | £587pcm |
| April 2020 | 1.9% | £560pcm |
| April 2019 | 1.8% | £550pcm |
| April 2018 | 1.2% | £540pcm |
| April 2017 | 1.1% | £534pcm |
| April 2016 | 0.5% | £528pcm |
| April 2015 | 1.1% | £525pcm |
| April 2014 | 2.6% | £520pcm |
| April 2013 | 1.1% | £506pcm |
| April 2012 | -0.2% | £501pcm |
| April 2011 | -0.1% | £502pcm |
| April 2010 | -1.7% | £503pcm |
| April 2009 | -4.1% | £511pcm |
| April 2008 | 0.5% | £533pcm |
| April 2007 | 0% | £530pcm |
The last sale was on 6th February 2026 for £126,756 and since then the market in the area has increased by 2.0%. The postcode has had a total of 38 sales since 1995.
NE15 8NE has seen 3 sales in the last three years and 2 sales in the last twelve months.
NE15 8NE is the 378th largest and the 274th 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 8NE, 37.6% of property is privately owned outright and 28.5% 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 8NE, 11.0% of residents are recorded as possessing school level qualifications and 27.5% 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 8NE, the average age was 42.6 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 8NE, 0.6% 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 8NE, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.