NE16 5RE

NE16 5REHouse Prices / North East, Gateshead, Newmin Way

Last updated May 2026

Key Postcode Insights

NE16 5RE is a residential postcode situated on Newmin Way, Whickham, Newcastle Upon Tyne, NE16 with 33 addresses.

It ranks as the 649th largest and 119th most expensive of the 720 postcodes in the NE16 area. The dominant property type is a mid-century flat built between 1936 and 1979.

The postcode contains a total of 33 properties: 6 houses and 27 flats.

33
Properties
  • Houses
  • Flats

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House Pricesin NE16 5RE

Sale prices range from £104,044 for 2 bedroom leasehold flats (656 ft2) to £297,075 for 4 bedroom leasehold houses with a garden (1,216 ft2) .

Monthly rental prices range from £716 pcm for 2 bed flats to £1,428 pcm for 4 bed houses.

The gross rental yield is between 5.8% and 8.3%.

The average value per square foot is £193.

Average Sale Value
£153,096
Average Rental Value
£908 pcm
Average Rental Yield
7.1% /year
Average Value Per Sqft
£193 /ft2
Prices last updated 1st May 2026
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Explore Propertiesin NE16 5RE, Newmin Way, Whickham, Newcastle Upon Tyne, NE16

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Sales History
in NE16 5RE

The last sale was on 15th July 2025 for £300,000 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 37 sales since 1995.

NE16 5RE has seen 4 sales in the last three years and 1 sale in the last twelve months.

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Nearby Postcodesto NE16 5RE

NE16 5RE is the 649th largest and the 119th most expensive postcode out of the 720 postcodes in the NE16 area.

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Property Typesin NE16 5RE

  • 1 modern flat built after 1980
  • 1 mid-century house built between 1936 and 1979
  • 16 mid-century flats built between 1936 and 1979
  • 3 flats of an unknown age
  • 12 other addresses of unknown type
  • modern flat (1)
  • mid-century house (1)
  • mid-century flat (16)
  • flat (3)
  • Unknown (12)
Energy Efficiency

Energy Efficiencyof properties in NE16 5RE

  • Energy Performance Certificate (EPC) surveys conducted for 18 properties.
  • The dominant rating is C.
  • A (0)
  • E (1)
  • B (0)
  • F (0)
  • C (10)
  • G (0)
  • D (7)
  • No EPC (15)
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Schools Nearby

Schools Nearbyto NE16 5RE

The nearest primary school to NE16 5RE is Whickham Parochial Church of England Primary School which is 213 metres away.
  • 213
    m
    Whickham Parochial Church of England Primary School
  • 376
    m
    Clover Hill Community Primary School
  • 483
    m
    Fellside Community Primary School
The nearest secondary school is Whickham School which is 750 metres away.
  • 750
    m
    Whickham School
  • 3.0
    km
    Kingsmeadow Community School
  • 3.4
    km
    St Thomas More Catholic School, Blaydon
More reading links
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearbyto NE16 5RE

The closest station to NE16 5RE is MetroCentre station which is 3.1 kilometres away.

  • 3.1
    km
    MetroCentre
  • 3.5
    km
    Blaydon
  • 3.7
    km
    Dunston
  • 6.0
    km
    Newcastle
Source: National Rail
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