Queens Terrace - NE2 2PJ
Key Postcode Insights
NE2 2PJ is a residential postcode situated on Queens Terrace, Newcastle Upon Tyne, NE2 with 79 addresses.
It ranks as the 757th largest and 25th 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 79 properties: 5 houses and 74 flats.
- Ave. Sale Price
- £140,357
- 10 Year change
- up 10.0%
- Ave. Rental Price
- £699pcm
- 10 Year change
- up 52.7%
- Ave. £ per ft²
- £731/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
NE2 2PJ is a residential postcode situated on Queens Terrace, Newcastle Upon Tyne, NE2 with 79 addresses.
It ranks as the 757th largest and 25th 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 79 properties: 5 houses and 74 flats.
- Ave. Sale Price
- £140,357
- 10 Year change
- up 10.0%
- Ave. Rental Price
- £699pcm
- 10 Year change
- up 52.7%
- Ave. £ per ft²
- £731/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin NE2 2PJ
- 1 Queens Terrace
5 Bed Period House
- 2 Queens Terrace
5 Bed Period House
- 3 Queens Terrace
5 Bed Period House
- 4 Queens Terrace
Building  |  4 Flats
- 5 Queens Terrace
Building  |  3 Flats
Sales Market Trends
The last sale in NE2 2PJ sold for £395,000 on 16th October 2024. Since then prices are up an average of 4.1%.
The current average value in the postcode is £140,357.
The NE2 2PJ Sales Market has increased by 10.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £140,357 |
| June 2025 | 6.4% | £139,956 |
| June 2024 | -3.1% | £131,492 |
| June 2023 | 0.4% | £135,742 |
| June 2022 | 5.5% | £135,158 |
| June 2021 | 0.2% | £128,092 |
| June 2020 | 2.4% | £127,898 |
| June 2019 | -0.2% | £124,953 |
| June 2018 | -1% | £125,163 |
| June 2017 | -0.9% | £126,454 |
| June 2016 | 3.9% | £127,593 |
| June 2015 | 5.2% | £122,845 |
| June 2014 | 0.9% | £116,818 |
| June 2013 | 1.3% | £115,793 |
| June 2012 | -2.5% | £114,301 |
| June 2011 | -2.4% | £117,225 |
| June 2010 | 2.5% | £120,080 |
| June 2009 | -10.1% | £117,174 |
| June 2008 | -4.6% | £130,283 |
| June 2007 | 0% | £136,504 |
Rental Market Trends
The current average rental value in the postcode is £699.
The NE2 2PJ Rental Market has increased by 52.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £699pcm |
| June 2025 | 5.1% | £676pcm |
| June 2024 | 10.1% | £643pcm |
| June 2023 | 10.8% | £585pcm |
| June 2022 | 8.8% | £528pcm |
| June 2021 | 3.5% | £485pcm |
| June 2020 | 2.3% | £468pcm |
| June 2019 | 0.2% | £458pcm |
| June 2018 | -0.4% | £457pcm |
| June 2017 | 0.1% | £458pcm |
| June 2016 | 2.2% | £458pcm |
| June 2015 | 2.3% | £448pcm |
| June 2014 | 1.7% | £438pcm |
| June 2013 | 0.4% | £431pcm |
| June 2012 | 1.5% | £429pcm |
| June 2011 | 2.8% | £423pcm |
| June 2010 | 2.1% | £411pcm |
| June 2009 | -4.3% | £403pcm |
| June 2008 | -0.9% | £421pcm |
| June 2007 | 0% | £425pcm |
Sales History
The last sale was on 16th October 2024 for £395,000 and since then the market in the area has increased by 4.1%. The postcode has had a total of 24 sales since 1995.
NE2 2PJ has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Oct 2024£395,000 | 3 Bed FlatFlat 4, 4, Queens Terrace, Newcastle Upon Tyne, NE2 2PJFlat 4, 4, Queens Terrace, Newcastle Upon Tyne, NE2 2PJ
- Sold Nov 2023£300,000 | 3 Bed FlatFlat 3, 4, Queens Terrace, Newcastle Upon Tyne, NE2 2PJFlat 3, 4, Queens Terrace, Newcastle Upon Tyne, NE2 2PJ
- Sold Feb 2022£332,000 | 3 Bed FlatFlat 2, 4, Queens Terrace, Newcastle Upon Tyne, NE2 2PJFlat 2, 4, Queens Terrace, Newcastle Upon Tyne, NE2 2PJ
- Sold Mar 2021£257,000 | FlatFlat 1, 4, Queens Terrace, Newcastle Upon Tyne, NE2 2PJFlat 1, 4, Queens Terrace, Newcastle Upon Tyne, NE2 2PJ
- Sold Dec 2020£275,000 | 3 Bed FlatFlat 2, 4, Queens Terrace, Newcastle Upon Tyne, NE2 2PJFlat 2, 4, Queens Terrace, Newcastle Upon Tyne, NE2 2PJ
Nearby Postcodes
NE2 2PJ is the 757th largest and the 25th most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 2RE, Grosvenor Place, Newcastle Upon Tyne, NE2NE2 2RE39 Addresses|39 m away
- NE2 2RJ, Grosvenor Road, Newcastle Upon Tyne, NE2NE2 2RJ11 Addresses|79 m away
- NE2 2RD, Grosvenor Place, Newcastle Upon Tyne, NE2NE2 2RD46 Addresses|84 m away
- NE2 2NH, Cavendish Place, Newcastle Upon Tyne, NE2NE2 2NH30 Addresses|100 m away
- NE2 2NE, Cavendish Place, Newcastle Upon Tyne, NE2NE2 2NE29 Addresses|110 m away
Property Types
- 5 period houses built between 1800 and 1911
- 74 other addresses of unknown type
- period house (5)
- Unknown (74)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (8)
- G (0)
- D (4)
- No EPC (66)
Top 3 Most Expensive Sales
- Sold Jun 2021£755,000 | 5 Bed House6, Queens Terrace, Newcastle Upon Tyne, NE2 2PL6, Queens Terrace, Newcastle Upon Tyne, NE2 2PL
- Sold Jun 2021£567,500 | 5 Bed House10, Queens Terrace, Newcastle Upon Tyne, NE2 2PL10, Queens Terrace, Newcastle Upon Tyne, NE2 2PL
- Sold Mar 2023£500,000 | 4 Bed House51, Queens Terrace, Newcastle Upon Tyne, NE2 2PL51, Queens Terrace, Newcastle Upon Tyne, NE2 2PL
Schools Nearby
- West Jesmond Primary School400 m away
- St Catherine's Catholic Primary School900 m away
- Cragside Primary School1.3 km away
- Jesmond Park Academy900 m away
- St Mary's Catholic School1.9 km away
- Benfield School2.7 km away
More reading links
Public Transport Nearby
The closest station to NE2 2PJ is Manors station, which is 2.1 kilometres away.
- Manors|2.1 km away
- Newcastle|2.7 km away
- Dunston|5.2 km away
- Heworth|5.3 km away
