NE2 1XY is a residential postcode situated on Shield Street, Newcastle Upon Tyne, NE2 with 88 addresses.
It ranks as the 1179th largest and 49th 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 88 properties: 88 flats.
NE2 1XY is a residential postcode situated on Shield Street, Newcastle Upon Tyne, NE2 with 88 addresses.
It ranks as the 1179th largest and 49th 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 88 properties: 88 flats.
Sale prices range from £54,996 for 2 bedroom leasehold flats (398 ft2) to £70,070 for 2 bedroom leasehold flats (710 ft2) .
Monthly rental prices range from £461 pcm for 2 bed flats to £557 pcm for 2 bed flats.
The gross rental yield is between 9.5% and 10.1%.
The average value per square foot is £99.
The last sale in NE2 1XY sold for £65,000 on 15th June 2018. Since then prices are up an average of 15.7%.
The current average value in the postcode is £65,398.
The NE2 1XY Sales Market has increased by 12.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.5% | £65,398 |
| April 2025 | 5% | £65,043 |
| April 2024 | -3.5% | £61,930 |
| April 2023 | 4.3% | £64,190 |
| April 2022 | 4.1% | £61,556 |
| April 2021 | 2.3% | £59,151 |
| April 2020 | 2.1% | £57,825 |
| April 2019 | -0.7% | £56,632 |
| April 2018 | -0.5% | £57,030 |
| April 2017 | -1.9% | £57,312 |
| April 2016 | 2.9% | £58,411 |
| April 2015 | 1.9% | £56,780 |
| April 2014 | 1.4% | £55,745 |
| April 2013 | -0.1% | £54,981 |
| April 2012 | -2.9% | £55,049 |
| April 2011 | -3.7% | £56,705 |
| April 2010 | 0.3% | £58,872 |
| April 2009 | -11.2% | £58,707 |
| April 2008 | 0% | £66,126 |
| April 2007 | 0% | £66,104 |
The current average rental value in the postcode is £529.
The NE2 1XY Rental Market has increased by 57.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £529pcm |
| April 2025 | 7.6% | £512pcm |
| April 2024 | 11.5% | £475pcm |
| April 2023 | 9.1% | £426pcm |
| April 2022 | 8.7% | £391pcm |
| April 2021 | 3.6% | £359pcm |
| April 2020 | 4.4% | £347pcm |
| April 2019 | 1.3% | £332pcm |
| April 2018 | -1.3% | £328pcm |
| April 2017 | -1% | £332pcm |
| April 2016 | 1.3% | £336pcm |
| April 2015 | 1.5% | £331pcm |
| April 2014 | 0.6% | £326pcm |
| April 2013 | -0.4% | £324pcm |
| April 2012 | 0.4% | £326pcm |
| April 2011 | 2.6% | £325pcm |
| April 2010 | 0.6% | £316pcm |
| April 2009 | -4.4% | £314pcm |
| April 2008 | -0.7% | £329pcm |
| April 2007 | 0% | £331pcm |
The last sale was on 15th June 2018 for £65,000 and since then the market in the area has increased by 15.7%. The postcode has had a total of 6 sales since 1995.
NE2 1XY has seen no sales in the last three years and no sales in the last twelve months.
NE2 1XY is the 1179th largest and the 49th most expensive postcode out of the 1,193 postcodes in the NE2 area.
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