NE2 2AE is a residential postcode situated on Osborne Road, Newcastle Upon Tyne, NE2 with 2 addresses.
It ranks as the 70th largest and 615th most expensive of the 1,193 postcodes in the NE2 area.
The postcode contains a total of 2 properties: 2 flats.
NE2 2AE is a residential postcode situated on Osborne Road, Newcastle Upon Tyne, NE2 with 2 addresses.
It ranks as the 70th largest and 615th most expensive of the 1,193 postcodes in the NE2 area.
The postcode contains a total of 2 properties: 2 flats.
Sale prices range from £171,811 for 3 bedroom leasehold flats (990 ft2) to £171,811 for 3 bedroom leasehold flats (990 ft2) .
Monthly rental prices range from £1,134 pcm for 3 bed flats to £1,134 pcm for 3 bed flats.
The gross rental yield is between 7.9% and 7.9%.
The average value per square foot is £174.
The last sale in NE2 2AE sold for £6,250,000 on 25th February 2022. Since then prices are down an average of 0.0%.
The current average value in the postcode is £171,811.
The NE2 2AE Sales Market has increased by 11.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.4% | £171,811 |
| April 2025 | 4.4% | £172,447 |
| April 2024 | -2.8% | £165,109 |
| April 2023 | 4.6% | £169,942 |
| April 2022 | 2.4% | £162,395 |
| April 2021 | 2.5% | £158,583 |
| April 2020 | 2.7% | £154,788 |
| April 2019 | -0.8% | £150,782 |
| April 2018 | -0.1% | £152,003 |
| April 2017 | -1.2% | £152,220 |
| April 2016 | 4.3% | £154,047 |
| April 2015 | 3.6% | £147,690 |
| April 2014 | 2% | £142,528 |
| April 2013 | 0.4% | £139,666 |
| April 2012 | -2.1% | £139,103 |
| April 2011 | -1.5% | £142,098 |
| April 2010 | 2.9% | £144,194 |
| April 2009 | -10.9% | £140,082 |
| April 2008 | -0.9% | £157,222 |
| April 2007 | 0% | £158,604 |
The current average rental value in the postcode is £1,134.
The NE2 2AE Rental Market has increased by 55.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,134pcm |
| April 2025 | 7.2% | £1,107pcm |
| April 2024 | 12.1% | £1,032pcm |
| April 2023 | 9.3% | £921pcm |
| April 2022 | 6.6% | £843pcm |
| April 2021 | 3.8% | £790pcm |
| April 2020 | 4.8% | £762pcm |
| April 2019 | 1.2% | £727pcm |
| April 2018 | -1.1% | £718pcm |
| April 2017 | -0.3% | £726pcm |
| April 2016 | 2.9% | £728pcm |
| April 2015 | 3.3% | £708pcm |
| April 2014 | 1.6% | £685pcm |
| April 2013 | -0.5% | £674pcm |
| April 2012 | 1.5% | £678pcm |
| April 2011 | 5.5% | £668pcm |
| April 2010 | 2.8% | £633pcm |
| April 2009 | -4.3% | £616pcm |
| April 2008 | -2.4% | £643pcm |
| April 2007 | 0% | £659pcm |
The last sale was on 25th February 2022 for £6,250,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
NE2 2AE has seen no sales in the last three years and no sales in the last twelve months.
NE2 2AE is the 70th largest and the 615th most expensive postcode out of the 1,193 postcodes in the NE2 area.
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