NE2 2HR is a residential postcode situated on Adderstone Crescent, Newcastle Upon Tyne, NE2 with 22 addresses.
It ranks as the 625th largest and 900th 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 22 properties: 22 flats.
NE2 2HR is a residential postcode situated on Adderstone Crescent, Newcastle Upon Tyne, NE2 with 22 addresses.
It ranks as the 625th largest and 900th 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 22 properties: 22 flats.
Sale prices range from £207,310 for 2 bedroom leasehold flats (495 ft2) to £319,711 for 3 bedroom leasehold flats (1,140 ft2) .
Monthly rental prices range from £1,247 pcm for 2 bed flats to £1,602 pcm for 3 bed flats.
The gross rental yield is between 6.0% and 7.2%.
The average value per square foot is £341.
The last sale in NE2 2HR sold for £150,000 on 13th January 2025. Since then prices are up an average of 4.3%.
The current average value in the postcode is £253,996.
The NE2 2HR Sales Market has increased by 13.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £253,996 |
| April 2025 | 4.5% | £254,113 |
| April 2024 | -1.5% | £243,140 |
| April 2023 | 4.2% | £246,863 |
| April 2022 | 2.7% | £236,815 |
| April 2021 | 2.4% | £230,638 |
| April 2020 | 2.1% | £225,131 |
| April 2019 | -0.4% | £220,403 |
| April 2018 | -0.1% | £221,200 |
| April 2017 | -1.3% | £221,503 |
| April 2016 | 3.7% | £224,413 |
| April 2015 | 3.2% | £216,307 |
| April 2014 | 2.2% | £209,684 |
| April 2013 | 0.2% | £205,178 |
| April 2012 | -2.7% | £204,803 |
| April 2011 | -1.9% | £210,401 |
| April 2010 | 2% | £214,568 |
| April 2009 | -11.1% | £210,392 |
| April 2008 | -1.4% | £236,719 |
| April 2007 | 0% | £239,966 |
The current average rental value in the postcode is £1,439.
The NE2 2HR Rental Market has increased by 53.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £1,439pcm |
| April 2025 | 7% | £1,401pcm |
| April 2024 | 11.1% | £1,309pcm |
| April 2023 | 8.7% | £1,178pcm |
| April 2022 | 8.2% | £1,084pcm |
| April 2021 | 3.3% | £1,001pcm |
| April 2020 | 3.7% | £969pcm |
| April 2019 | 1% | £935pcm |
| April 2018 | -1.2% | £926pcm |
| April 2017 | -0.3% | £937pcm |
| April 2016 | 2.1% | £940pcm |
| April 2015 | 2.1% | £920pcm |
| April 2014 | 1.1% | £901pcm |
| April 2013 | -0.2% | £890pcm |
| April 2012 | 0.4% | £892pcm |
| April 2011 | 3% | £889pcm |
| April 2010 | 1.9% | £863pcm |
| April 2009 | -4.7% | £847pcm |
| April 2008 | -0.9% | £888pcm |
| April 2007 | 0% | £896pcm |
The last sale was on 13th January 2025 for £150,000 and since then the market in the area has increased by 4.3%. The postcode has had a total of 40 sales since 1995.
NE2 2HR has seen 3 sales in the last three years and no sales in the last twelve months.
NE2 2HR is the 625th largest and the 900th most expensive postcode out of the 1,193 postcodes in the NE2 area.
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The closest station to NE2 2HR is Manors station which is 2.6 kilometres away.
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