Cavendish Place - NE2 2NE
Key Postcode Insights
NE2 2NE is a residential postcode situated on Cavendish Place, Newcastle Upon Tyne, NE2 with 29 addresses.
It ranks as the 490th largest and 661st most expensive of the 804 postcodes in the NE2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 29 properties: 24 houses and 5 flats.
- Ave. Sale Price
- £390,487
- 10 Year change
- up 18.1%
- Ave. Rental Price
- £2,143pcm
- 10 Year change
- up 61.5%
- Ave. £ per ft²
- £254/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
NE2 2NE is a residential postcode situated on Cavendish Place, Newcastle Upon Tyne, NE2 with 29 addresses.
It ranks as the 490th largest and 661st most expensive of the 804 postcodes in the NE2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 29 properties: 24 houses and 5 flats.
- Ave. Sale Price
- £390,487
- 10 Year change
- up 18.1%
- Ave. Rental Price
- £2,143pcm
- 10 Year change
- up 61.5%
- Ave. £ per ft²
- £254/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin NE2 2NE
- 1 Cavendish Place
5 Bed Period House
- 3 Cavendish Place
5 Bed Period House
- 5 Cavendish Place
4 Bed Period House
- 7 Cavendish Place
5 Bed Period House
- 9 Cavendish Place
5 Bed Period House
Sales Market Trends
The last sale in NE2 2NE sold for £318,000 on 12th January 2024. Since then prices are up an average of 6.0%.
The current average value in the postcode is £390,487.
The NE2 2NE Sales Market has increased by 18.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £390,487 |
| June 2025 | 7% | £387,023 |
| June 2024 | -2.5% | £361,846 |
| June 2023 | 1.3% | £371,277 |
| June 2022 | 6.3% | £366,652 |
| June 2021 | 1.6% | £344,877 |
| June 2020 | 2.5% | £339,325 |
| June 2019 | 0.3% | £330,989 |
| June 2018 | -0.2% | £330,066 |
| June 2017 | 0% | £330,594 |
| June 2016 | 4% | £330,739 |
| June 2015 | 5.4% | £317,891 |
| June 2014 | 1.6% | £301,649 |
| June 2013 | 1.5% | £296,889 |
| June 2012 | -2% | £292,443 |
| June 2011 | -2.4% | £298,285 |
| June 2010 | 3.7% | £305,674 |
| June 2009 | -9.7% | £294,860 |
| June 2008 | -4.2% | £326,571 |
| June 2007 | 0% | £341,047 |
Rental Market Trends
The current average rental value in the postcode is £2,143.
The NE2 2NE Rental Market has increased by 61.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £2,143pcm |
| June 2025 | 5.9% | £2,062pcm |
| June 2024 | 9.9% | £1,948pcm |
| June 2023 | 11.2% | £1,772pcm |
| June 2022 | 10% | £1,594pcm |
| June 2021 | 4.7% | £1,449pcm |
| June 2020 | 2.5% | £1,384pcm |
| June 2019 | 0.6% | £1,350pcm |
| June 2018 | 0.3% | £1,342pcm |
| June 2017 | 0.8% | £1,338pcm |
| June 2016 | 2.6% | £1,327pcm |
| June 2015 | 2.5% | £1,293pcm |
| June 2014 | 2.2% | £1,261pcm |
| June 2013 | 0.8% | £1,235pcm |
| June 2012 | 1.7% | £1,225pcm |
| June 2011 | 2.5% | £1,205pcm |
| June 2010 | 3.3% | £1,175pcm |
| June 2009 | -4.1% | £1,138pcm |
| June 2008 | -0.4% | £1,187pcm |
| June 2007 | 0% | £1,191pcm |
Sales History
The last sale was on 12th January 2024 for £318,000 and since then the market in the area has increased by 6.0%. The postcode has had a total of 47 sales since 1995.
NE2 2NE has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Jan 2024£318,000 | 4 Bed House41, Cavendish Place, Newcastle Upon Tyne, NE2 2NE41, Cavendish Place, Newcastle Upon Tyne, NE2 2NE
- Sold Sep 2023£255,000 | 2 Bed House53, Cavendish Place, Newcastle Upon Tyne, NE2 2NE53, Cavendish Place, Newcastle Upon Tyne, NE2 2NE
- Sold Mar 2023£845,000 | 5 Bed House7, Cavendish Place, Newcastle Upon Tyne, NE2 2NE7, Cavendish Place, Newcastle Upon Tyne, NE2 2NE
- Sold Mar 2022£160,000 | 2 Bed Flat33, Cavendish Place, Newcastle Upon Tyne, NE2 2NE33, Cavendish Place, Newcastle Upon Tyne, NE2 2NE
- Sold Aug 2018£450,000 | 5 Bed House31, Cavendish Place, Newcastle Upon Tyne, NE2 2NE31, Cavendish Place, Newcastle Upon Tyne, NE2 2NE
Nearby Postcodes
NE2 2NE is the 490th largest and the 661st most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 2NH, Cavendish Place, Newcastle Upon Tyne, NE2NE2 2NH30 Addresses|29 m away
- NE2 2RP, Grosvenor Road, Newcastle Upon Tyne, NE2NE2 2RP49 Addresses|41 m away
- NE2 2NB, Devonshire Place, Newcastle Upon Tyne, NE2NE2 2NB28 Addresses|65 m away
- NE2 2RL, Grosvenor Road, Newcastle Upon Tyne, NE2NE2 2RL20 Addresses|73 m away
- NE2 2ND, Devonshire Place, Newcastle Upon Tyne, NE2NE2 2ND31 Addresses|92 m away
Property Types
- 22 period houses built between 1800 and 1911
- 5 period flats built between 1800 and 1911
- 2 other addresses of unknown type
- period house (22)
- period flat (5)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 23 properties.
- The most common rating is D.
- A (0)
- E (7)
- B (0)
- F (0)
- C (5)
- G (0)
- D (11)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Jan 2023£2,200,000 | 5 Bed House40, Cavendish Place, Newcastle Upon Tyne, NE2 2NH40, Cavendish Place, Newcastle Upon Tyne, NE2 2NH
- Sold Mar 2023£845,000 | 5 Bed House7, Cavendish Place, Newcastle Upon Tyne, NE2 2NE7, Cavendish Place, Newcastle Upon Tyne, NE2 2NE
- Sold Jan 2025£620,000 | 5 Bed House24, Cavendish Place, Newcastle Upon Tyne, NE2 2NH24, Cavendish Place, Newcastle Upon Tyne, NE2 2NH
Schools Nearby
- West Jesmond Primary School600 m away
- St Catherine's Catholic Primary School900 m away
- Cragside Primary School1.2 km away
- Jesmond Park Academy800 m away
- St Mary's Catholic School1.8 km away
- Benfield School2.6 km away
More reading links
Public Transport Nearby
The closest station to NE2 2NE is Manors station, which is 2.1 kilometres away.
- Manors|2.1 km away
- Newcastle|2.8 km away
- Heworth|5.2 km away
- Dunston|5.3 km away
