NE2 1PZ is a residential postcode situated on Greystoke Gardens, Newcastle Upon Tyne, NE2 with 16 addresses.
It ranks as the 462nd largest and 406th 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 16 properties: 16 flats.
NE2 1PZ is a residential postcode situated on Greystoke Gardens, Newcastle Upon Tyne, NE2 with 16 addresses.
It ranks as the 462nd largest and 406th 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 16 properties: 16 flats.
Sale prices range from £121,397 for 2 bedroom leasehold flats (602 ft2) to £128,528 for 2 bedroom leasehold flats (667 ft2) .
Monthly rental prices range from £972 pcm for 2 bed flats to £1,007 pcm for 2 bed flats.
The gross rental yield is between 9.4% and 9.6%.
The average value per square foot is £194.
The last sale in NE2 1PZ sold for £118,000 on 30th June 2025. Since then prices are down an average of 0.1%.
The current average value in the postcode is £126,043.
The NE2 1PZ Sales Market has increased by 16.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.3% | £126,043 |
| April 2025 | 5% | £125,726 |
| April 2024 | -1.2% | £119,786 |
| April 2023 | 4.2% | £121,207 |
| April 2022 | 4.3% | £116,297 |
| April 2021 | 2.5% | £111,541 |
| April 2020 | 1.7% | £108,831 |
| April 2019 | 0.1% | £106,995 |
| April 2018 | 0.3% | £106,839 |
| April 2017 | -1.9% | £106,483 |
| April 2016 | 2.2% | £108,516 |
| April 2015 | 2.2% | £106,132 |
| April 2014 | 2.2% | £103,888 |
| April 2013 | -0.3% | £101,612 |
| April 2012 | -3.3% | £101,967 |
| April 2011 | -3.5% | £105,488 |
| April 2010 | 1.3% | £109,269 |
| April 2009 | -11.7% | £107,857 |
| April 2008 | -1.4% | £122,202 |
| April 2007 | 0% | £123,907 |
The current average rental value in the postcode is £995.
The NE2 1PZ Rental Market has increased by 54.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £995pcm |
| April 2025 | 7.4% | £962pcm |
| April 2024 | 10.9% | £896pcm |
| April 2023 | 7.9% | £808pcm |
| April 2022 | 10.3% | £749pcm |
| April 2021 | 3.4% | £679pcm |
| April 2020 | 3.1% | £656pcm |
| April 2019 | 0.7% | £636pcm |
| April 2018 | -1.3% | £632pcm |
| April 2017 | -0.5% | £640pcm |
| April 2016 | 1.4% | £643pcm |
| April 2015 | 1.1% | £634pcm |
| April 2014 | 0.4% | £627pcm |
| April 2013 | -0.1% | £625pcm |
| April 2012 | -0.6% | £625pcm |
| April 2011 | 0.7% | £629pcm |
| April 2010 | 1.5% | £624pcm |
| April 2009 | -5.4% | £615pcm |
| April 2008 | 0.6% | £650pcm |
| April 2007 | 0% | £646pcm |
The last sale was on 30th June 2025 for £118,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 39 sales since 1995.
NE2 1PZ has seen 4 sales in the last three years and 1 sale in the last twelve months.
NE2 1PZ is the 462nd largest and the 406th most expensive postcode out of the 1,193 postcodes in the NE2 area.
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