NE2 1RE

Key Postcode Insights

NE2 1RE is a residential postcode situated on Helmsley Road, Newcastle Upon Tyne, NE2 with 65 addresses.

It ranks as the 1108th largest and 576th most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a period flat built between 1800 and 1911.

The postcode contains a total of 65 properties: 7 houses and 58 flats.

65
Properties
  • Houses
  • Flats

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House Pricesin NE2 1RE

Sale prices range from £143,990 for 2 bedroom leasehold flats with a garden (559 ft2) to £391,694 for 4 bedroom freehold houses with a garden (1,679 ft2) .

Monthly rental prices range from £1,087 pcm for 2 bed flats to £2,075 pcm for 4 bed houses.

The gross rental yield is between 6.4% and 9.1%.

The average value per square foot is £224.

Average Sale Value
£182,320
Average Rental Value
£1,232 pcm
Average Rental Yield
8.1% /year
Average Value Per Sqft
£224 /ft2
Prices last updated 1st May 2026
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Explore Propertiesin NE2 1RE, Helmsley Road, Newcastle Upon Tyne, NE2

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Sales History
in NE2 1RE

The last sale was on 14th February 2025 for £154,000 and since then the market in the area has increased by 2.3%. The postcode has had a total of 99 sales since 1995.

NE2 1RE has seen 3 sales in the last three years and no sales in the last twelve months.

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Nearby Postcodesto NE2 1RE

NE2 1RE is the 1108th largest and the 576th most expensive postcode out of the 1,193 postcodes in the NE2 area.

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Property Typesin NE2 1RE

  • 2 period houses built between 1800 and 1911
  • 48 period flats built between 1800 and 1911
  • 3 modern houses built after 1980
  • 1 modern flat built after 1980
  • 1 house of an unknown age
  • 1 flat of an unknown age
  • 9 other addresses of unknown type
  • period house (2)
  • period flat (48)
  • modern house (3)
  • modern flat (1)
  • house (1)
  • flat (1)
  • Unknown (9)
Energy Efficiency

Energy Efficiencyof properties in NE2 1RE

  • Energy Performance Certificate (EPC) surveys conducted for 54 properties.
  • The dominant rating is D.
  • A (0)
  • E (5)
  • B (0)
  • F (0)
  • C (22)
  • G (0)
  • D (27)
  • No EPC (11)
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Schools Nearby

Schools Nearbyto NE2 1RE

The nearest primary school to NE2 1RE is St Catherine's Catholic Primary School which is 398 metres away.
  • 398
    m
    St Catherine's Catholic Primary School
  • 535
    m
    Hotspur Primary School
  • 690
    m
    Christ Church CofE Primary School
The nearest secondary school is Jesmond Park Academy which is 1.6 kilometres away.
  • 1.6
    km
    Jesmond Park Academy
  • 2.0
    km
    North East Futures UTC
  • 2.7
    km
    Benfield School
More reading links
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearbyto NE2 1RE

The closest station to NE2 1RE is Manors station which is 1.0 kilometres away.

  • 998
    m
    Manors
  • 1.9
    km
    Newcastle
  • 4.2
    km
    Heworth
  • 4.4
    km
    Dunston
Source: National Rail
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