NE15 8UF is a residential postcode situated on Cranfield Place, Newcastle Upon Tyne, NE15 with 7 addresses.
It ranks as the 173rd largest and 27th 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 7 properties: 3 houses and 4 flats.
NE15 8UF is a residential postcode situated on Cranfield Place, Newcastle Upon Tyne, NE15 with 7 addresses.
It ranks as the 173rd largest and 27th 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 7 properties: 3 houses and 4 flats.
Sale prices range from £66,191 for 2 bedroom leasehold flats (570 ft2) to £184,336 for 4 bedroom freehold houses with a garden (1,356 ft2) .
Monthly rental prices range from £512 pcm for 2 bed flats to £1,034 pcm for 4 bed houses.
The gross rental yield is between 6.7% and 9.3%.
The average value per square foot is £116.
The last sale in NE15 8UF sold for £63,500 on 21st April 2023. Since then prices are up an average of 0.9%.
The current average value in the postcode is £108,324.
The NE15 8UF Sales Market has increased by 24.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1% | £108,324 |
| April 2025 | 3.1% | £109,467 |
| April 2024 | -1.1% | £106,126 |
| April 2023 | 3% | £107,349 |
| April 2022 | 9.7% | £104,215 |
| April 2021 | 4.9% | £95,016 |
| April 2020 | 2.5% | £90,566 |
| April 2019 | -3.2% | £88,350 |
| April 2018 | 7.3% | £91,293 |
| April 2017 | -2% | £85,072 |
| April 2016 | 2.8% | £86,782 |
| April 2015 | 4.2% | £84,431 |
| April 2014 | 1.6% | £81,037 |
| April 2013 | -1.4% | £79,788 |
| April 2012 | 0.5% | £80,888 |
| April 2011 | -2.4% | £80,486 |
| April 2010 | 0.9% | £82,501 |
| April 2009 | -13% | £81,754 |
| April 2008 | 1.8% | £93,977 |
| April 2007 | 0% | £92,332 |
The current average rental value in the postcode is £719.
The NE15 8UF Rental Market has increased by 53.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.2% | £719pcm |
| April 2025 | 5.8% | £696pcm |
| April 2024 | 5.9% | £658pcm |
| April 2023 | 12.5% | £622pcm |
| April 2022 | 9.5% | £553pcm |
| April 2021 | 2.9% | £504pcm |
| April 2020 | 1.2% | £490pcm |
| April 2019 | 2% | £484pcm |
| April 2018 | 0.9% | £475pcm |
| April 2017 | 0.3% | £470pcm |
| April 2016 | 1.2% | £469pcm |
| April 2015 | 1.7% | £463pcm |
| April 2014 | 1.9% | £456pcm |
| April 2013 | 1.8% | £447pcm |
| April 2012 | 0% | £439pcm |
| April 2011 | 1.3% | £439pcm |
| April 2010 | 0% | £434pcm |
| April 2009 | -2.4% | £434pcm |
| April 2008 | 1% | £445pcm |
| April 2007 | 0% | £440pcm |
The last sale was on 21st April 2023 for £63,500 and since then the market in the area has increased by 0.9%. The postcode has had a total of 11 sales since 1995.
NE15 8UF has seen 1 sale in the last three years and no sales in the last twelve months.
NE15 8UF is the 173rd largest and the 27th most expensive postcode out of the 874 postcodes in the NE15 area.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 8UF, 48.7% of property is privately owned with a mortgage and 27.7% 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 8UF, 18.6% of residents are recorded as possessing school level qualifications and 31.5% 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 8UF, 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 8UF, 1.3% 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 8UF, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.