Osborne Avenue - NE2 1JT
Key Postcode Insights
NE2 1JT is a residential postcode situated on Osborne Avenue, Newcastle Upon Tyne, NE2 with 40 addresses.
It ranks as the 584th largest and 716th most expensive of the 804 postcodes in the NE2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 40 properties: 38 houses and 2 flats.
- Ave. Sale Price
- £460,427
- 10 Year change
- up 17.7%
- Ave. Rental Price
- £2,393pcm
- 10 Year change
- up 64.9%
- Ave. £ per ft²
- £271/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
NE2 1JT is a residential postcode situated on Osborne Avenue, Newcastle Upon Tyne, NE2 with 40 addresses.
It ranks as the 584th largest and 716th most expensive of the 804 postcodes in the NE2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 40 properties: 38 houses and 2 flats.
- Ave. Sale Price
- £460,427
- 10 Year change
- up 17.7%
- Ave. Rental Price
- £2,393pcm
- 10 Year change
- up 64.9%
- Ave. £ per ft²
- £271/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin NE2 1JT
- 51 Osborne Avenue
5 Bed Period House
- 53 Osborne Avenue
House
- 55 Osborne Avenue
5 Bed Period House
- 57 Osborne Avenue
4 Bed Period House
- 59 Osborne Avenue
4 Bed Period House
Sales Market Trends
The last sale in NE2 1JT sold for £850,000 on 31st March 2024. Since then prices are up an average of 7.8%.
The current average value in the postcode is £460,427.
The NE2 1JT Sales Market has increased by 17.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £460,427 |
| June 2025 | 7.4% | £456,668 |
| June 2024 | -3.7% | £425,208 |
| June 2023 | 1.2% | £441,684 |
| June 2022 | 6.9% | £436,396 |
| June 2021 | 1.3% | £408,099 |
| June 2020 | 2.7% | £402,890 |
| June 2019 | 0.3% | £392,246 |
| June 2018 | -0.3% | £391,215 |
| June 2017 | 0.2% | £392,199 |
| June 2016 | 4.5% | £391,248 |
| June 2015 | 6.1% | £374,252 |
| June 2014 | 1.4% | £352,813 |
| June 2013 | 2% | £348,026 |
| June 2012 | -1.8% | £341,147 |
| June 2011 | -2.2% | £347,495 |
| June 2010 | 4.1% | £355,388 |
| June 2009 | -9.4% | £341,252 |
| June 2008 | -3.7% | £376,596 |
| June 2007 | 0% | £391,058 |
Rental Market Trends
The current average rental value in the postcode is £2,393.
The NE2 1JT Rental Market has increased by 64.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £2,393pcm |
| June 2025 | 5.8% | £2,299pcm |
| June 2024 | 9.9% | £2,172pcm |
| June 2023 | 12% | £1,977pcm |
| June 2022 | 10% | £1,764pcm |
| June 2021 | 4.9% | £1,603pcm |
| June 2020 | 2.7% | £1,528pcm |
| June 2019 | 0.7% | £1,488pcm |
| June 2018 | 0.5% | £1,478pcm |
| June 2017 | 1.3% | £1,470pcm |
| June 2016 | 2.7% | £1,451pcm |
| June 2015 | 3.1% | £1,412pcm |
| June 2014 | 2.4% | £1,370pcm |
| June 2013 | 0.9% | £1,337pcm |
| June 2012 | 2.4% | £1,325pcm |
| June 2011 | 3.2% | £1,294pcm |
| June 2010 | 3.8% | £1,254pcm |
| June 2009 | -3.6% | £1,208pcm |
| June 2008 | -0.2% | £1,253pcm |
| June 2007 | 0% | £1,256pcm |
Sales History
The last sale was on 31st March 2024 for £850,000 and since then the market in the area has increased by 7.8%. The postcode has had a total of 54 sales since 1995.
NE2 1JT has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2024£850,000 | 4 Bed House82, Osborne Avenue, Newcastle Upon Tyne, NE2 1JT82, Osborne Avenue, Newcastle Upon Tyne, NE2 1JT
- Sold Mar 2024£414,000 | 4 Bed House64, Osborne Avenue, Newcastle Upon Tyne, NE2 1JT64, Osborne Avenue, Newcastle Upon Tyne, NE2 1JT
- Sold Jan 2023£450,000 | 5 Bed House71, Osborne Avenue, Newcastle Upon Tyne, NE2 1JT71, Osborne Avenue, Newcastle Upon Tyne, NE2 1JT
- Sold Jul 2022£549,000 | 5 Bed House51, Osborne Avenue, Newcastle Upon Tyne, NE2 1JT51, Osborne Avenue, Newcastle Upon Tyne, NE2 1JT
- Sold Sep 2021£375,000 | 4 Bed House64, Osborne Avenue, Newcastle Upon Tyne, NE2 1JT64, Osborne Avenue, Newcastle Upon Tyne, NE2 1JT
Nearby Postcodes
NE2 1JT is the 584th largest and the 716th most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 2JE, Shortridge Terrace, Newcastle Upon Tyne, NE2NE2 2JE71 Addresses|45 m away
- NE2 1LA, Jesmond Road, Newcastle Upon Tyne, NE2NE2 1LA8 Addresses|78 m away
- NE2 1JX, Deuchar Street, Newcastle Upon Tyne, NE2NE2 1JX37 Addresses|81 m away
- NE2 1LB, Jesmond Road, Newcastle Upon Tyne, NE2NE2 1LB8 Addresses|103 m away
- NE2 2JJ, Farquhar Street, Newcastle Upon Tyne, NE2NE2 2JJ6 Addresses|107 m away
Property Types
- 36 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 2 other addresses of unknown type
- period house (36)
- period flat (2)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 38 properties.
- The most common rating is D.
- A (0)
- E (7)
- B (0)
- F (0)
- C (11)
- G (0)
- D (20)
- No EPC (2)
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 School400 m away
- St Teresa's Catholic Primary School, Heaton900 m away
- West Jesmond Primary School900 m away
- Jesmond Park Academy800 m away
- St Mary's Catholic School2.2 km away
- Benfield School2.3 km away
More reading links
Public Transport Nearby
The closest station to NE2 1JT is Manors station, which is 1.8 kilometres away.
- Manors|1.8 km away
- Newcastle|2.6 km away
- Heworth|4.8 km away
- Dunston|5.1 km away
