NE2 1JU is a residential postcode situated on Osborne Villas, Newcastle Upon Tyne, NE2 with 52 addresses.
It ranks as the 1030th largest and 1014th most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 52 properties: 7 houses and 45 flats.
NE2 1JU is a residential postcode situated on Osborne Villas, Newcastle Upon Tyne, NE2 with 52 addresses.
It ranks as the 1030th largest and 1014th most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 52 properties: 7 houses and 45 flats.
Sale prices range from £153,253 for 2 bedroom leasehold flats (419 ft2) to £2,387,685 for 6 bedroom freehold houses with a garden (6,103 ft2) .
Monthly rental prices range from £1,065 pcm for 2 bed flats to £7,544 pcm for 6 bed houses.
The gross rental yield is between 3.8% and 8.3%.
The average value per square foot is £639.
The last sale in NE2 1JU sold for £260,000 on 10th September 2025. Since then prices are up an average of 1.2%.
The current average value in the postcode is £524,977.
The NE2 1JU Sales Market has increased by 15.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.2% | £524,977 |
| April 2025 | 4.7% | £524,079 |
| April 2024 | -3.2% | £500,584 |
| April 2023 | 5.5% | £517,172 |
| April 2022 | 3.4% | £490,359 |
| April 2021 | 3% | £474,271 |
| April 2020 | 2.6% | £460,567 |
| April 2019 | -0.3% | £448,992 |
| April 2018 | 0.3% | £450,256 |
| April 2017 | -1.2% | £448,825 |
| April 2016 | 4% | £454,259 |
| April 2015 | 3.4% | £436,751 |
| April 2014 | 1.9% | £422,254 |
| April 2013 | 0.8% | £414,480 |
| April 2012 | -2.1% | £411,375 |
| April 2011 | -2% | £420,170 |
| April 2010 | 2.8% | £428,748 |
| April 2009 | -10.9% | £417,137 |
| April 2008 | -0.3% | £468,030 |
| April 2007 | 0% | £469,488 |
The current average rental value in the postcode is £2,312.
The NE2 1JU Rental Market has increased by 61.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £2,312pcm |
| April 2025 | 7.5% | £2,244pcm |
| April 2024 | 11.7% | £2,088pcm |
| April 2023 | 10% | £1,870pcm |
| April 2022 | 7.7% | £1,699pcm |
| April 2021 | 4.3% | £1,578pcm |
| April 2020 | 4.8% | £1,513pcm |
| April 2019 | 1.7% | £1,444pcm |
| April 2018 | -0.7% | £1,420pcm |
| April 2017 | -0.2% | £1,430pcm |
| April 2016 | 2.7% | £1,434pcm |
| April 2015 | 3.1% | £1,396pcm |
| April 2014 | 1.3% | £1,354pcm |
| April 2013 | 0% | £1,337pcm |
| April 2012 | 1.5% | £1,337pcm |
| April 2011 | 4.8% | £1,318pcm |
| April 2010 | 2.7% | £1,257pcm |
| April 2009 | -4.2% | £1,224pcm |
| April 2008 | -1.6% | £1,278pcm |
| April 2007 | 0% | £1,300pcm |
The last sale was on 10th September 2025 for £260,000 and since then the market in the area has increased by 1.2%. The postcode has had a total of 38 sales since 1995.
NE2 1JU has seen 1 sale in the last three years and 1 sale in the last twelve months.
NE2 1JU is the 1030th largest and the 1014th most expensive postcode out of the 1,193 postcodes in the NE2 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 NE2 1JU, 42.4% of property is privately rented and 21.5% is socially rented.
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 NE2 1JU, 38.7% of residents are recorded as possessing school level qualifications and 50.1% 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 NE2 1JU, the average age was 32.1 and the most common age was 22.
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 NE2 1JU, 3.1% 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 NE2 1JU, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.