Osborne Avenue - NE2 1JR
Key Postcode Insights
NE2 1JR is a residential postcode situated on Osborne Avenue, Newcastle Upon Tyne, NE2 with 19 addresses.
It ranks as the 372nd largest and 581st most expensive of the 804 postcodes in the NE2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 19 properties: 6 houses and 13 flats.
- Ave. Sale Price
- £358,189
- 10 Year change
- up 13.6%
- Ave. Rental Price
- £1,641pcm
- 10 Year change
- up 57.7%
- Ave. £ per ft²
- £313/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
NE2 1JR is a residential postcode situated on Osborne Avenue, Newcastle Upon Tyne, NE2 with 19 addresses.
It ranks as the 372nd largest and 581st most expensive of the 804 postcodes in the NE2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 19 properties: 6 houses and 13 flats.
- Ave. Sale Price
- £358,189
- 10 Year change
- up 13.6%
- Ave. Rental Price
- £1,641pcm
- 10 Year change
- up 57.7%
- Ave. £ per ft²
- £313/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin NE2 1JR
- 25 Osborne Avenue
Building | 4 Flats
- 26 Osborne Avenue
5 Bed Period House
- 27 Osborne Avenue
Modern Building | 6 Units
- 28 Osborne Avenue
Building | 2 Flats
- 29 Osborne Avenue
House
Sales Market Trends
The last sale in NE2 1JR sold for £330,000 on 2nd January 2025. Since then prices are up an average of 2.7%.
The current average value in the postcode is £358,189.
The NE2 1JR Sales Market has increased by 13.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.7% | £358,189 |
| June 2025 | 6.9% | £355,874 |
| June 2024 | -3% | £332,853 |
| June 2023 | 0.5% | £343,164 |
| June 2022 | 6.2% | £341,464 |
| June 2021 | 0.9% | £321,528 |
| June 2020 | 2.4% | £318,719 |
| June 2019 | 0% | £311,269 |
| June 2018 | -0.8% | £311,245 |
| June 2017 | -0.5% | £313,672 |
| June 2016 | 4% | £315,284 |
| June 2015 | 5.3% | £303,060 |
| June 2014 | 1.2% | £287,823 |
| June 2013 | 1.5% | £284,528 |
| June 2012 | -2.3% | £280,259 |
| June 2011 | -2.5% | £286,875 |
| June 2010 | 2.7% | £294,226 |
| June 2009 | -10.2% | £286,487 |
| June 2008 | -4.3% | £319,002 |
| June 2007 | 0% | £333,391 |
Rental Market Trends
The current average rental value in the postcode is £1,641.
The NE2 1JR Rental Market has increased by 57.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,641pcm |
| June 2025 | 5.5% | £1,581pcm |
| June 2024 | 10.2% | £1,498pcm |
| June 2023 | 10.9% | £1,359pcm |
| June 2022 | 9.5% | £1,226pcm |
| June 2021 | 4.3% | £1,119pcm |
| June 2020 | 2.4% | £1,073pcm |
| June 2019 | 0.4% | £1,048pcm |
| June 2018 | -0.1% | £1,044pcm |
| June 2017 | 0.5% | £1,046pcm |
| June 2016 | 2.4% | £1,041pcm |
| June 2015 | 2.4% | £1,016pcm |
| June 2014 | 2% | £993pcm |
| June 2013 | 0.6% | £973pcm |
| June 2012 | 1.7% | £967pcm |
| June 2011 | 2.7% | £951pcm |
| June 2010 | 2.3% | £926pcm |
| June 2009 | -4.5% | £905pcm |
| June 2008 | -0.7% | £948pcm |
| June 2007 | 0% | £954pcm |
Sales History
The last sale was on 2nd January 2025 for £330,000 and since then the market in the area has increased by 2.7%. The postcode has had a total of 41 sales since 1995.
NE2 1JR has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jan 2025£330,000 | 3 Bed FlatFlat 4, 31, Osborne Avenue, Newcastle Upon Tyne, NE2 1JRFlat 4, 31, Osborne Avenue, Newcastle Upon Tyne, NE2 1JR
- Sold Jan 2024£245,000 | 3 Bed FlatFlat 2, 27, Osborne Avenue, Newcastle Upon Tyne, NE2 1JRFlat 2, 27, Osborne Avenue, Newcastle Upon Tyne, NE2 1JR
- Sold Oct 2021£300,000 | 3 Bed FlatFlat 3, 31, Osborne Avenue, Newcastle Upon Tyne, NE2 1JRFlat 3, 31, Osborne Avenue, Newcastle Upon Tyne, NE2 1JR
- Sold Dec 2019£224,000 | 3 Bed FlatFlat 2, 27, Osborne Avenue, Newcastle Upon Tyne, NE2 1JRFlat 2, 27, Osborne Avenue, Newcastle Upon Tyne, NE2 1JR
- Sold Sep 2019£910,000 | 6 Bed House26, Osborne Avenue, Newcastle Upon Tyne, NE2 1JR26, Osborne Avenue, Newcastle Upon Tyne, NE2 1JR
Nearby Postcodes
NE2 1JR is the 372nd largest and the 581st most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 2PA, Gowan Terrace, Newcastle Upon Tyne, NE2NE2 2PA8 Addresses|43 m away
- NE2 2QB, Holly Avenue, Jesmond, Newcastle Upon Tyne, NE2NE2 2QB26 Addresses|44 m away
- NE2 1LE, Osborne Avenue, Newcastle Upon Tyne, NE2NE2 1LE20 Addresses|74 m away
- NE2 1LH, Osborne Avenue, Newcastle Upon Tyne, NE2NE2 1LH20 Addresses|74 m away
- NE2 2PS, Gowan Terrace, Newcastle Upon Tyne, NE2NE2 2PS28 Addresses|74 m away
Property Types
- 1 period house built between 1800 and 1911
- 4 period flats built between 1800 and 1911
- 12 modern flats built after 1980
- 2 other addresses of unknown type
- period house (1)
- period flat (4)
- modern flat (12)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (11)
- G (0)
- D (4)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Sep 2021£8,392,000 | 5 Bed House85, Osborne Avenue, Newcastle Upon Tyne, NE2 1JT85, Osborne Avenue, Newcastle Upon Tyne, NE2 1JT
- Sold Sep 2019£910,000 | 6 Bed House26, Osborne Avenue, Newcastle Upon Tyne, NE2 1JR26, Osborne Avenue, Newcastle Upon Tyne, NE2 1JR
- Sold Jul 2007£885,000 | 6 Bed House15, Osborne Avenue, Newcastle Upon Tyne, NE2 1JQ15, Osborne Avenue, Newcastle Upon Tyne, NE2 1JQ
Schools Nearby
- St Catherine's Catholic Primary School600 m away
- West Jesmond Primary School700 m away
- Hotspur Primary School1.2 km away
- Jesmond Park Academy1.0 km away
- St Mary's Catholic School2.2 km away
- North East Futures UTC2.6 km away
More reading links
Public Transport Nearby
The closest station to NE2 1JR is Manors station, which is 1.7 kilometres away.
- Manors|1.7 km away
- Newcastle|2.4 km away
- Heworth|4.9 km away
- Dunston|5.0 km away
