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Registered Address: 2 Leman St, London E1 8FA
NE2 2PLHouse Prices / North East, Newcastle upon Tyne, Queens Terrace
Last updated May 2026
Key Postcode Insights
NE2 2PL is a residential postcode situated on Queens Terrace, Newcastle Upon Tyne, NE2 with 13 addresses.
It ranks as the 395th largest and 1131st most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 13 properties: 13 houses.
13
Properties
- Houses
Key Postcode Insights
NE2 2PL is a residential postcode situated on Queens Terrace, Newcastle Upon Tyne, NE2 with 13 addresses.
It ranks as the 395th largest and 1131st most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 13 properties: 13 houses.
13
Properties
- Houses
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House Pricesin NE2 2PL
Sale prices range from £512,643 for 4 bedroom freehold houses with a garden (1,474 ft2) to £862,050 for 5 bedroom freehold houses with a garden (1,915 ft2) .
Monthly rental prices range from £2,173 pcm for 4 bed houses to £2,775 pcm for 5 bed houses.
The gross rental yield is between 3.9% and 5.1%.
The average value per square foot is £339.
Average Sale Value
£576,022
Average Rental Value
£2,307 pcm
Average Rental Yield
4.8% /year
Average Value Per Sqft
£339 /ft2
Sales Market Trendsin NE2 2PL
The last sale in NE2 2PL sold for £500,000 on 29th March 2023. Since then prices are up an average of 1.6%.
The current average value in the postcode is £576,022.
The NE2 2PL Sales Market has increased by 27.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.4% | £576,022 |
| April 2025 | 5% | £578,351 |
| April 2024 | -2.7% | £550,640 |
| April 2023 | 7.9% | £566,130 |
| April 2022 | 4.5% | £524,586 |
| April 2021 | 4.4% | £502,213 |
| April 2020 | 2.4% | £481,199 |
| April 2019 | 1.2% | £469,940 |
| April 2018 | 2.5% | £464,197 |
| April 2017 | 0% | £452,937 |
| April 2016 | 4.7% | £453,133 |
| April 2015 | 5% | £432,626 |
| April 2014 | 3.1% | £412,046 |
| April 2013 | 3.6% | £399,735 |
| April 2012 | -0.6% | £385,844 |
| April 2011 | -1.1% | £388,126 |
| April 2010 | 6% | £392,310 |
| April 2009 | -10.5% | £369,977 |
| April 2008 | 0% | £413,360 |
| April 2007 | 0% | £413,160 |
Rental Market Trendsin NE2 2PL
The current average rental value in the postcode is £2,307.
The NE2 2PL Rental Market has increased by 73.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £2,307pcm |
| April 2025 | 7.6% | £2,251pcm |
| April 2024 | 10.4% | £2,092pcm |
| April 2023 | 12.3% | £1,895pcm |
| April 2022 | 9.8% | £1,688pcm |
| April 2021 | 5.5% | £1,537pcm |
| April 2020 | 4.1% | £1,457pcm |
| April 2019 | 2.5% | £1,400pcm |
| April 2018 | 1.2% | £1,366pcm |
| April 2017 | 1.1% | £1,349pcm |
| April 2016 | 3.5% | £1,334pcm |
| April 2015 | 4.2% | £1,289pcm |
| April 2014 | 1.8% | £1,237pcm |
| April 2013 | 3.4% | £1,215pcm |
| April 2012 | 2.5% | £1,175pcm |
| April 2011 | 4.2% | £1,146pcm |
| April 2010 | 6.1% | £1,099pcm |
| April 2009 | -4% | £1,036pcm |
| April 2008 | 0.6% | £1,079pcm |
| April 2007 | 0% | £1,072pcm |
Explore Propertiesin NE2 2PL, Queens Terrace, Newcastle Upon Tyne, NE2
- 6, Queens Terrace, Newcastle Upon Tyne, NE2 2PL5 bed period house
- 8, Queens Terrace, Newcastle Upon Tyne, NE2 2PL
- 10, Queens Terrace, Newcastle Upon Tyne, NE2 2PL5 bed period house
- 51, Queens Terrace, Newcastle Upon Tyne, NE2 2PL4 bed period house
- 53, Queens Terrace, Newcastle Upon Tyne, NE2 2PL4 bed period house
- 55, Queens Terrace, Newcastle Upon Tyne, NE2 2PL5 bed period house
- 57, Queens Terrace, Newcastle Upon Tyne, NE2 2PL4 bed mid-century house
- 59, Queens Terrace, Newcastle Upon Tyne, NE2 2PL
- 61, Queens Terrace, Newcastle Upon Tyne, NE2 2PL
- 63, Queens Terrace, Newcastle Upon Tyne, NE2 2PL
- 65, Queens Terrace, Newcastle Upon Tyne, NE2 2PL4 bed period house
- 67, Queens Terrace, Newcastle Upon Tyne, NE2 2PL4 bed period house
- 69, Queens Terrace, Newcastle Upon Tyne, NE2 2PL
Sales Historyin NE2 2PL
The last sale was on 29th March 2023 for £500,000 and since then the market in the area has increased by 1.6%. The postcode has had a total of 9 sales since 1995.
NE2 2PL has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Mar 2023£500,000 | 4 Bed HouseQueens Terrace51, Queens Terrace, Newcastle Upon Tyne, NE2 2PL
Sold Jun 2021£755,000 | 5 Bed HouseQueens Terrace6, Queens Terrace, Newcastle Upon Tyne, NE2 2PL
Sold Jun 2021£567,500 | 5 Bed HouseQueens Terrace10, Queens Terrace, Newcastle Upon Tyne, NE2 2PL
Sold Jul 2017£453,500 | 4 Bed HouseQueens Terrace53, Queens Terrace, Newcastle Upon Tyne, NE2 2PL
Sold Feb 2017£400,000 | 4 Bed HouseQueens Terrace57, Queens Terrace, Newcastle Upon Tyne, NE2 2PL
Sold Sep 2014£397,000 | 4 Bed HouseQueens Terrace67, Queens Terrace, Newcastle Upon Tyne, NE2 2PL
Sold Sep 2014£368,000 | 4 Bed HouseQueens Terrace53, Queens Terrace, Newcastle Upon Tyne, NE2 2PL
Sold Dec 2004£495,000 | 5 Bed HouseQueens Terrace61, Queens Terrace, Newcastle Upon Tyne, NE2 2PL
Sold Feb 1998£118,000 | 4 Bed HouseQueens Terrace69, Queens Terrace, Newcastle Upon Tyne, NE2 2PL
Nearby Postcodesto NE2 2PL
NE2 2PL is the 395th largest and the 1131st most expensive postcode out of the 1,193 postcodes in the NE2 area.
- 61 mNE2 2RH, Grosvenor Villas, Newcastle Upon Tyne, NE2NE2 2RH15 Addresses
- 65 mNE2 2NQ, Grosvenor Avenue, Newcastle Upon Tyne, NE2NE2 2NQ13 Addresses
- 66 mNE2 2PN, The Grove, Jesmond, Newcastle Upon Tyne, NE2NE2 2PN3 Addresses
- 73 mNE2 2TG, Sycamore Close, Newcastle Upon Tyne, NE2NE2 2TG8 Addresses
- 81 mNE2 2EP, Reid Park Court, Newcastle Upon Tyne, NE2NE2 2EP10 Addresses
- 86 mNE2 2EZ, Reid Park Close, Newcastle Upon Tyne, NE2NE2 2EZ7 Addresses
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Property Typesin NE2 2PL
- 7 period houses built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 5 other addresses of unknown type
- period house (7)
- mid-century house (1)
- Unknown (5)
Energy Efficiencyof properties in NE2 2PL
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The dominant rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (4)
- No EPC (5)
Top 3 Most Expensive Saleson Queens Terrace
Schools Nearbyto NE2 2PL
The nearest primary school to NE2 2PL is West Jesmond Primary School which is 493 metres away.
- 493mWest Jesmond Primary School
- 1.1kmSt Catherine's Catholic Primary School
- 1.2kmCragside Primary School
The nearest secondary school is Jesmond Park Academy which is 819 metres away.
- 819mJesmond Park Academy
- 1.7kmSt Mary's Catholic School
- 2.7kmBenfield School
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Public Transport Nearbyto NE2 2PL
The closest station to NE2 2PL is Manors station which is 2.2 kilometres away.
- 2.2kmManors
- 2.9kmNewcastle
- 5.4kmDunston
- 5.4kmHeworth
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