NE2 1RW

Key Postcode Insights

NE2 1RW is a residential postcode situated on Portland Mews, Newcastle Upon Tyne, NE2 with 44 addresses.

It ranks as the 973rd largest and 474th most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a modern flat built after 1980.

The postcode contains a total of 44 properties: 20 houses and 24 flats.

44
Properties
  • Houses
  • Flats

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House Pricesin NE2 1RW

Sale prices range from £112,481 for 2 bedroom leasehold flats (398 ft2) to £187,192 for 2 bedroom leasehold houses with a garden (710 ft2) .

Monthly rental prices range from £884 pcm for 2 bed flats to £1,332 pcm for 2 bed houses.

The gross rental yield is between 8.5% and 9.4%.

The average value per square foot is £265.

Average Sale Value
£148,085
Average Rental Value
£1,099 pcm
Average Rental Yield
8.9% /year
Average Value Per Sqft
£265 /ft2
Prices last updated 1st May 2026
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Explore Propertiesin NE2 1RW, Portland Mews, Newcastle Upon Tyne, NE2

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Sales History
in NE2 1RW

The last sale was on 4th September 2025 for £170,000 and since then the market in the area has increased by 2.1%. The postcode has had a total of 68 sales since 1995.

NE2 1RW has seen 4 sales in the last three years and 1 sale in the last twelve months.

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Nearby Postcodesto NE2 1RW

NE2 1RW is the 973rd largest and the 474th most expensive postcode out of the 1,193 postcodes in the NE2 area.

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Property Typesin NE2 1RW

  • 15 modern houses built after 1980
  • 22 modern flats built after 1980
  • 1 mid-century house built between 1936 and 1979
  • 6 other addresses of unknown type
  • modern house (15)
  • modern flat (22)
  • mid-century house (1)
  • Unknown (6)
Energy Efficiency

Energy Efficiencyof properties in NE2 1RW

  • Energy Performance Certificate (EPC) surveys conducted for 38 properties.
  • The dominant rating is D.
  • A (0)
  • E (4)
  • B (1)
  • F (0)
  • C (15)
  • G (0)
  • D (18)
  • No EPC (6)
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Schools Nearby

Schools Nearbyto NE2 1RW

The nearest primary school to NE2 1RW is St Catherine's Catholic Primary School which is 491 metres away.
  • 491
    m
    St Catherine's Catholic Primary School
  • 623
    m
    Hotspur Primary School
  • 623
    m
    Christ Church CofE Primary School
The nearest secondary school is Jesmond Park Academy which is 1.7 kilometres away.
  • 1.7
    km
    Jesmond Park Academy
  • 1.9
    km
    North East Futures UTC
  • 2.8
    km
    Benfield School
More reading links
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearbyto NE2 1RW

The closest station to NE2 1RW is Manors station which is 900 metres away.

  • 929
    m
    Manors
  • 1.8
    km
    Newcastle
  • 4.3
    km
    Heworth
  • 4.3
    km
    Dunston
Source: National Rail
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