Fernwood Road - NE2 1TJ
Key Postcode Insights
NE2 1TJ is a residential postcode situated on Fernwood Road, Jesmond, Newcastle Upon Tyne, NE2 with 45 addresses.
It ranks as the 631st largest and 588th 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 45 properties: 2 houses, 41 flats and 2 other properties.
- Ave. Sale Price
- £393,290
- 10 Year change
- up 7.9%
- Ave. Rental Price
- £1,457pcm
- 10 Year change
- up 52.1%
- Ave. £ per ft²
- £282/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
NE2 1TJ is a residential postcode situated on Fernwood Road, Jesmond, Newcastle Upon Tyne, NE2 with 45 addresses.
It ranks as the 631st largest and 588th 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 45 properties: 2 houses, 41 flats and 2 other properties.
- Ave. Sale Price
- £393,290
- 10 Year change
- up 7.9%
- Ave. Rental Price
- £1,457pcm
- 10 Year change
- up 52.1%
- Ave. £ per ft²
- £282/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Properties in NE2 1TJ
- Fernwood
Modern Building | 16 Units
- Kristan Court
Period Building | 8 Units
- Mansion House
Building  |  2 Flats
- Mayfield
House
- Silksworth
5 Bed Period House
Sales Market Trends
The last sale in NE2 1TJ sold for £315,000 on 13th October 2025. Since then prices are up an average of 2.7%.
The current average value in the postcode is £393,290.
The NE2 1TJ Sales Market has increased by 7.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £393,290 |
| June 2025 | 6% | £391,922 |
| June 2024 | -4.1% | £369,566 |
| June 2023 | 0.6% | £385,519 |
| June 2022 | 5.1% | £383,320 |
| June 2021 | -0.4% | £364,735 |
| June 2020 | 2.4% | £366,131 |
| June 2019 | 0.1% | £357,504 |
| June 2018 | -1.1% | £357,234 |
| June 2017 | -0.9% | £361,383 |
| June 2016 | 4% | £364,504 |
| June 2015 | 6.1% | £350,330 |
| June 2014 | 1% | £330,311 |
| June 2013 | 1.8% | £327,037 |
| June 2012 | -2.5% | £321,353 |
| June 2011 | -1.8% | £329,493 |
| June 2010 | 3.8% | £335,418 |
| June 2009 | -9.6% | £323,277 |
| June 2008 | -4.5% | £357,549 |
| June 2007 | 0% | £374,237 |
Rental Market Trends
The current average rental value in the postcode is £1,457.
The NE2 1TJ Rental Market has increased by 52.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,457pcm |
| June 2025 | 4.4% | £1,405pcm |
| June 2024 | 9.7% | £1,346pcm |
| June 2023 | 11.5% | £1,226pcm |
| June 2022 | 8% | £1,100pcm |
| June 2021 | 3.3% | £1,018pcm |
| June 2020 | 2.4% | £985pcm |
| June 2019 | 0.5% | £962pcm |
| June 2018 | -0.3% | £957pcm |
| June 2017 | 0.3% | £960pcm |
| June 2016 | 2.2% | £958pcm |
| June 2015 | 3.1% | £938pcm |
| June 2014 | 2.2% | £910pcm |
| June 2013 | 0.6% | £890pcm |
| June 2012 | 1.8% | £885pcm |
| June 2011 | 3.8% | £869pcm |
| June 2010 | 3.4% | £837pcm |
| June 2009 | -3.7% | £809pcm |
| June 2008 | -1.1% | £841pcm |
| June 2007 | 0% | £850pcm |
Sales History
The last recorded sale was on 13th October 2025 for £315,000 and since then the market in the area has increased by 2.7%.
NE2 1TJ has had 3 sales since 1995, with 3 in the last three years and 1 in the last twelve months.
- Sold Oct 2025£315,000 | 3 Bed Flat8A, Fernwood Road, Newcastle Upon Tyne, NE2 1TJ8A, Fernwood Road, Newcastle Upon Tyne, NE2 1TJ
- Sold Nov 2024£417,000 | 3 Bed Flat20 Fernwood, Fernwood Road, Newcastle Upon Tyne, NE2 1TJ20 Fernwood, Fernwood Road, Newcastle Upon Tyne, NE2 1TJ
- Sold Dec 2023£305,000 | 3 Bed Flat6A, Fernwood Road, Newcastle Upon Tyne, NE2 1TJ6A, Fernwood Road, Newcastle Upon Tyne, NE2 1TJ
Nearby Postcodes
NE2 1TJ is the 631st largest and the 588th most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 1TT, Fernwood Road, Jesmond, Newcastle Upon Tyne, NE2NE2 1TT1 Address|10 m away
- NE2 2AA, Osborne Road, Newcastle Upon Tyne, NE2NE2 2AA24 Addresses|65 m away
- NE2 1TR, Granville Court, Newcastle Upon Tyne, NE2NE2 1TR31 Addresses|67 m away
- NE2 1TQ, Granville Court, Newcastle Upon Tyne, NE2NE2 1TQ52 Addresses|70 m away
- NE2 1NH, Jesmond Road, Newcastle Upon Tyne, NE2NE2 1NH23 Addresses|94 m away
Property Types
- 2 period houses built between 1800 and 1911
- 25 period flats built between 1800 and 1911
- 16 modern flats built after 1980
- 2 other addresses of unknown type
- period house (2)
- period flat (25)
- modern flat (16)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 29 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (1)
- F (1)
- C (15)
- G (0)
- D (9)
- No EPC (16)
Top 3 Most Expensive Sales
- Sold Dec 2018£750,000 | 6 Bed House10, Fernwood Road, Newcastle Upon Tyne, NE2 1TT10, Fernwood Road, Newcastle Upon Tyne, NE2 1TT
- Sold Oct 2002£715,000 | 6 Bed HouseSunnybank, Fernwood Road, Newcastle Upon Tyne, NE2 1TJSunnybank, Fernwood Road, Newcastle Upon Tyne, NE2 1TJ
- Sold Sep 2001£617,000 | 6 Bed HouseMayfield, Fernwood Road, Newcastle Upon Tyne, NE2 1TJMayfield, Fernwood Road, Newcastle Upon Tyne, NE2 1TJ
Schools Nearby
- St Catherine's Catholic Primary School600 m away
- West Jesmond Primary School800 m away
- Christ Church CofE Primary School1.1 km away
- Jesmond Park Academy1.4 km away
- North East Futures UTC2.2 km away
- St Mary's Catholic School2.6 km away
More reading links
Public Transport Nearby
The closest station to NE2 1TJ is Manors station, which is 1.3 kilometres away.
- Manors|1.3 km away
- Newcastle|2.0 km away
- Dunston|4.5 km away
- Heworth|4.8 km away