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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE2 1BUHouse Prices / North East, Newcastle upon Tyne, Portland Road
Last updated May 2026
Key Postcode Insights
NE2 1BU is a residential postcode situated on Portland Road, Shieldfield, Newcastle Upon Tyne, NE2 with 64 addresses.
It ranks as the 1103rd largest and 175th most expensive of the 1,193 postcodes in the NE2 area.
The postcode contains a total of 64 properties: 64 flats.
64
Properties
- Flats
Key Postcode Insights
NE2 1BU is a residential postcode situated on Portland Road, Shieldfield, Newcastle Upon Tyne, NE2 with 64 addresses.
It ranks as the 1103rd largest and 175th most expensive of the 1,193 postcodes in the NE2 area.
The postcode contains a total of 64 properties: 64 flats.
64
Properties
- Flats
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House Pricesin NE2 1BU
Sale prices range from £103,796 for 2 bedroom Leasehold flats (505 ft2) to £171,811 for 3 bedroom leasehold flats (914 ft2) .
Monthly rental prices range from £829 pcm for 2 bed flats to £1,134 pcm for 3 bed flats.
The gross rental yield is between 7.9% and 9.6%.
The average value per square foot is £205.
Average Sale Value
£113,361
Average Rental Value
£872 pcm
Average Rental Yield
9.2% /year
Average Value Per Sqft
£205 /ft2
Sales Market Trendsin NE2 1BU
The last sale in NE2 1BU sold for £19,500,000 on 1st September 2015. Since then prices are down an average of 0.0%.
The current average value in the postcode is £113,361.
The NE2 1BU Sales Market has increased by 12.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.2% | £113,361 |
| April 2025 | 4.7% | £113,104 |
| April 2024 | -2.3% | £107,978 |
| April 2023 | 4% | £110,486 |
| April 2022 | 3.2% | £106,268 |
| April 2021 | 2.3% | £102,924 |
| April 2020 | 1.9% | £100,615 |
| April 2019 | -0.6% | £98,752 |
| April 2018 | -0.3% | £99,301 |
| April 2017 | -1.6% | £99,604 |
| April 2016 | 3.1% | £101,205 |
| April 2015 | 2.5% | £98,194 |
| April 2014 | 2.2% | £95,832 |
| April 2013 | -0.9% | £93,787 |
| April 2012 | -2.8% | £94,630 |
| April 2011 | -2.5% | £97,357 |
| April 2010 | 0.4% | £99,819 |
| April 2009 | -11.4% | £99,408 |
| April 2008 | -1.4% | £112,174 |
| April 2007 | 0% | £113,746 |
Rental Market Trendsin NE2 1BU
The current average rental value in the postcode is £872.
The NE2 1BU Rental Market has increased by 53.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £872pcm |
| April 2025 | 7.1% | £846pcm |
| April 2024 | 11.1% | £790pcm |
| April 2023 | 8.5% | £711pcm |
| April 2022 | 9% | £655pcm |
| April 2021 | 3.3% | £601pcm |
| April 2020 | 3.7% | £582pcm |
| April 2019 | 0.7% | £561pcm |
| April 2018 | -1.3% | £557pcm |
| April 2017 | -0.4% | £565pcm |
| April 2016 | 1.6% | £567pcm |
| April 2015 | 1.7% | £558pcm |
| April 2014 | 0.6% | £549pcm |
| April 2013 | -0.5% | £546pcm |
| April 2012 | -0.1% | £548pcm |
| April 2011 | 2.3% | £549pcm |
| April 2010 | 1% | £536pcm |
| April 2009 | -4.7% | £531pcm |
| April 2008 | 0% | £557pcm |
| April 2007 | 0% | £557pcm |
Explore Buildingsin NE2 1BU, Portland Road, Shieldfield, Newcastle Upon Tyne, NE2
Sales Historyin NE2 1BU
The last sale was on 1st September 2015 for £19,500,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
NE2 1BU has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto NE2 1BU
NE2 1BU is the 1103rd largest and the 175th most expensive postcode out of the 1,193 postcodes in the NE2 area.
- 55 mNE2 1AA, Stoddart Street, Newcastle Upon Tyne, NE2NE2 1AA56 Addresses
- 59 mNE2 1DR, Portland Road, Newcastle Upon Tyne, NE2NE2 1DR42 Addresses
- 64 mNE2 1DT, Portland Road, Newcastle Upon Tyne, NE2NE2 1DT68 Addresses
- 66 mNE2 1TB, Portman Mews, Newcastle Upon Tyne, NE2NE2 1TB19 Addresses
- 92 mNE2 1DU, Portland Road, Newcastle Upon Tyne, NE2NE2 1DU56 Addresses
- 99 mNE2 1AW, Stoddart Street, Shieldfield, Newcastle Upon Tyne, NE2NE2 1AW329 Addresses
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Property Typesin NE2 1BU
- 64 other addresses of unknown type
- Unknown (64)
Energy Efficiencyof properties in NE2 1BU
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The dominant rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (64)
Top 3 Most Expensive Saleson Portland Road
- Sold Sep 2015£19,500,000 | 2 Bed FlatRosedale Court, Portland RoadApartment 11, Rosedale Court, Portland Road, Newcastle Upon Tyne, NE2 1BU
- Sold Nov 2019£370,000 | 2 Bed Flat186, Portland RoadFlat A, 186, Portland Road, Newcastle Upon Tyne, NE2 1DJ
- Sold Mar 2023£355,500 | 4 Bed HousePortland Road181, Portland Road, Newcastle Upon Tyne, NE2 1DJ
Schools Nearbyto NE2 1BU
The nearest primary school to NE2 1BU is Hotspur Primary School which is 433 metres away.
- 433mHotspur Primary School
- 438mChrist Church CofE Primary School
- 698mSt Catherine's Catholic Primary School
The nearest secondary school is North East Futures UTC which is 1.7 kilometres away.
- 1.7kmNorth East Futures UTC
- 1.9kmJesmond Park Academy
- 2.8kmBenfield School
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Public Transport Nearbyto NE2 1BU
The closest station to NE2 1BU is Manors station which is 700 metres away.
- 729mManors
- 1.7kmNewcastle
- 3.9kmHeworth
- 4.2kmDunston