Jesmond Road - NE2 1LB
Key Postcode Insights
NE2 1LB is a residential postcode situated on Jesmond Road, Newcastle Upon Tyne, NE2 with 8 addresses.
It ranks as the 217th largest and 362nd most expensive of the 804 postcodes in the NE2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 8 properties: 8 flats.
- Ave. Sale Price
- £187,100
- 10 Year change
- up 5.7%
- Ave. Rental Price
- £1,198pcm
- 10 Year change
- up 48.0%
- Ave. £ per ft²
- £149/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Key Postcode Insights
NE2 1LB is a residential postcode situated on Jesmond Road, Newcastle Upon Tyne, NE2 with 8 addresses.
It ranks as the 217th largest and 362nd most expensive of the 804 postcodes in the NE2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 8 properties: 8 flats.
- Ave. Sale Price
- £187,100
- 10 Year change
- up 5.7%
- Ave. Rental Price
- £1,198pcm
- 10 Year change
- up 48.0%
- Ave. £ per ft²
- £149/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Explore Properties in NE2 1LB
- 247 Jesmond Road
3 Bed Period Flat
- 253 Jesmond Road
3 Bed Period Flat
- 255 Jesmond Road
3 Bed Period Flat
- 263 Jesmond Road
3 Bed Period Flat
- 267 Jesmond Road
3 Bed Period Flat
Sales Market Trends
The last sale in NE2 1LB sold for £210,000 on 20th November 2020. Since then prices are up an average of 7.1%.
The current average value in the postcode is £187,100.
The NE2 1LB Sales Market has increased by 5.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £187,100 |
| June 2025 | 5.9% | £186,755 |
| June 2024 | -3.5% | £176,396 |
| June 2023 | 0.1% | £182,759 |
| June 2022 | 4.6% | £182,633 |
| June 2021 | -0.6% | £174,634 |
| June 2020 | 2.5% | £175,700 |
| June 2019 | -0.5% | £171,405 |
| June 2018 | -1.5% | £172,291 |
| June 2017 | -1.2% | £174,945 |
| June 2016 | 4% | £177,091 |
| June 2015 | 5.2% | £170,354 |
| June 2014 | 0.7% | £161,869 |
| June 2013 | 1.4% | £160,709 |
| June 2012 | -2.9% | £158,436 |
| June 2011 | -2.1% | £163,215 |
| June 2010 | 2% | £166,688 |
| June 2009 | -10.2% | £163,367 |
| June 2008 | -5.1% | £182,013 |
| June 2007 | 0% | £191,849 |
Rental Market Trends
The current average rental value in the postcode is £1,198.
The NE2 1LB Rental Market has increased by 48.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,198pcm |
| June 2025 | 4.3% | £1,158pcm |
| June 2024 | 10.2% | £1,110pcm |
| June 2023 | 10.8% | £1,008pcm |
| June 2022 | 7.6% | £910pcm |
| June 2021 | 3% | £846pcm |
| June 2020 | 2.5% | £821pcm |
| June 2019 | -0.1% | £801pcm |
| June 2018 | -0.8% | £802pcm |
| June 2017 | -0.2% | £808pcm |
| June 2016 | 2.2% | £810pcm |
| June 2015 | 2.3% | £792pcm |
| June 2014 | 1.8% | £775pcm |
| June 2013 | 0.4% | £761pcm |
| June 2012 | 1.2% | £758pcm |
| June 2011 | 3.3% | £749pcm |
| June 2010 | 1.7% | £725pcm |
| June 2009 | -4.5% | £713pcm |
| June 2008 | -1.7% | £746pcm |
| June 2007 | 0% | £759pcm |
Sales History
The last recorded sale was on 20th November 2020 for £210,000 and since then the market in the area has increased by 7.1%.
NE2 1LB has had 3 sales since 1995, none of them in the last three years.
- Sold Nov 2020£210,000 | 3 Bed Flat253, Jesmond Road, Newcastle Upon Tyne, NE2 1LB253, Jesmond Road, Newcastle Upon Tyne, NE2 1LB
- Sold Jun 2007£150,000 | 3 Bed Flat267, Jesmond Road, Newcastle Upon Tyne, NE2 1LB267, Jesmond Road, Newcastle Upon Tyne, NE2 1LB
- Sold Mar 2004£260,000 | 3 Bed Flat253, Jesmond Road, Newcastle Upon Tyne, NE2 1LB253, Jesmond Road, Newcastle Upon Tyne, NE2 1LB
Nearby Postcodes
NE2 1LB is the 217th largest and the 362nd most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 1LD, Jesmond Road, Newcastle Upon Tyne, NE2NE2 1LD4 Addresses|25 m away
- NE2 1LA, Jesmond Road, Newcastle Upon Tyne, NE2NE2 1LA8 Addresses|69 m away
- NE2 2JX, Wellburn Park, Newcastle Upon Tyne, NE2NE2 2JX28 Addresses|89 m away
- NE2 1JT, Osborne Avenue, Newcastle Upon Tyne, NE2NE2 1JT40 Addresses|103 m away
- NE2 2JY, Wellburn Park, Newcastle Upon Tyne, NE2NE2 2JY15 Addresses|104 m away
Property Types
- 8 period flats built between 1800 and 1911
- period flat (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (4)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold May 2017£1,400,000 | 6 Bed House89-91, Jesmond Road, Newcastle Upon Tyne, NE2 1NH89-91, Jesmond Road, Newcastle Upon Tyne, NE2 1NH
- Sold Jan 2019£295,000 | 3 Bed Flat221, Jesmond Road, Newcastle Upon Tyne, NE2 1LA221, Jesmond Road, Newcastle Upon Tyne, NE2 1LA
- Sold Aug 2023£270,000 | 3 Bed FlatFlat B, 85, Jesmond Road, Newcastle Upon Tyne, NE2 1NHFlat B, 85, Jesmond Road, Newcastle Upon Tyne, NE2 1NH
Schools Nearby
- St Catherine's Catholic Primary School400 m away
- St Teresa's Catholic Primary School, Heaton800 m away
- West Jesmond Primary School1.0 km away
- Jesmond Park Academy800 m away
- St Mary's Catholic School2.2 km away
- Benfield School2.2 km away
More reading links
Public Transport Nearby
The closest station to NE2 1LB is Manors station, which is 1.8 kilometres away.
- Manors|1.8 km away
- Newcastle|2.6 km away
- Heworth|4.7 km away
- Dunston|5.2 km away
