Queens Terrace - NE2 2PL
Key Postcode Insights
NE2 2PL is a residential postcode situated on Queens Terrace, Newcastle Upon Tyne, NE2 with 13 addresses.
It ranks as the 290th largest and 745th 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 13 properties: 13 houses.
- Ave. Sale Price
- £571,138
- 10 Year change
- up 22.7%
- Ave. Rental Price
- £2,599pcm
- 10 Year change
- up 67.8%
- Ave. £ per ft²
- £337/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
NE2 2PL is a residential postcode situated on Queens Terrace, Newcastle Upon Tyne, NE2 with 13 addresses.
It ranks as the 290th largest and 745th 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 13 properties: 13 houses.
- Ave. Sale Price
- £571,138
- 10 Year change
- up 22.7%
- Ave. Rental Price
- £2,599pcm
- 10 Year change
- up 67.8%
- Ave. £ per ft²
- £337/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin NE2 2PL
- 6 Queens Terrace
5 Bed Period House
- 8 Queens Terrace
House
- 10 Queens Terrace
5 Bed Period House
- 51 Queens Terrace
4 Bed Period House
- 53 Queens Terrace
4 Bed Period House
Sales Market Trends
The last sale in NE2 2PL sold for £500,000 on 29th March 2023. Since then prices are up an average of 4.1%.
The current average value in the postcode is £571,138.
The NE2 2PL Sales Market has increased by 22.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £571,138 |
| June 2025 | 7.3% | £564,889 |
| June 2024 | -2.8% | £526,297 |
| June 2023 | 2% | £541,409 |
| June 2022 | 7% | £530,778 |
| June 2021 | 2% | £496,051 |
| June 2020 | 2.7% | £486,208 |
| June 2019 | 0.6% | £473,356 |
| June 2018 | 0.4% | £470,484 |
| June 2017 | 0.6% | £468,463 |
| June 2016 | 4.4% | £465,524 |
| June 2015 | 6.1% | £445,732 |
| June 2014 | 1.9% | £420,068 |
| June 2013 | 1.8% | £412,156 |
| June 2012 | -1.3% | £404,937 |
| June 2011 | -2.2% | £410,315 |
| June 2010 | 5.5% | £419,545 |
| June 2009 | -8.7% | £397,636 |
| June 2008 | -3.5% | £435,535 |
| June 2007 | 0% | £451,199 |
Rental Market Trends
The current average rental value in the postcode is £2,599.
The NE2 2PL Rental Market has increased by 67.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £2,599pcm |
| June 2025 | 6.2% | £2,495pcm |
| June 2024 | 9.6% | £2,349pcm |
| June 2023 | 12% | £2,143pcm |
| June 2022 | 10.7% | £1,913pcm |
| June 2021 | 5.1% | £1,728pcm |
| June 2020 | 2.7% | £1,644pcm |
| June 2019 | 0.9% | £1,600pcm |
| June 2018 | 0.9% | £1,586pcm |
| June 2017 | 1.5% | £1,572pcm |
| June 2016 | 3% | £1,549pcm |
| June 2015 | 3.2% | £1,503pcm |
| June 2014 | 2.5% | £1,456pcm |
| June 2013 | 1% | £1,421pcm |
| June 2012 | 2.4% | £1,406pcm |
| June 2011 | 2.7% | £1,374pcm |
| June 2010 | 5.1% | £1,337pcm |
| June 2009 | -3% | £1,272pcm |
| June 2008 | 0.4% | £1,312pcm |
| June 2007 | 0% | £1,307pcm |
Sales History
The last sale was on 29th March 2023 for £500,000 and since then the market in the area has increased by 4.1%. 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 House51, Queens Terrace, Newcastle Upon Tyne, NE2 2PL51, Queens Terrace, Newcastle Upon Tyne, NE2 2PL
- 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 Jul 2017£453,500 | 4 Bed House53, Queens Terrace, Newcastle Upon Tyne, NE2 2PL53, Queens Terrace, Newcastle Upon Tyne, NE2 2PL
- Sold Feb 2017£400,000 | 4 Bed House57, Queens Terrace, Newcastle Upon Tyne, NE2 2PL57, Queens Terrace, Newcastle Upon Tyne, NE2 2PL
Nearby Postcodes
NE2 2PL is the 290th largest and the 745th most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 2RH, Grosvenor Villas, Newcastle Upon Tyne, NE2NE2 2RH15 Addresses|61 m away
- NE2 2NQ, Grosvenor Avenue, Newcastle Upon Tyne, NE2NE2 2NQ13 Addresses|65 m away
- NE2 2PN, The Grove, Jesmond, Newcastle Upon Tyne, NE2NE2 2PN3 Addresses|66 m away
- NE2 2TG, Sycamore Close, Newcastle Upon Tyne, NE2NE2 2TG8 Addresses|73 m away
- NE2 2EP, Reid Park Court, Newcastle Upon Tyne, NE2NE2 2EP10 Addresses|81 m away
Property Types
- 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 Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (4)
- No EPC (5)
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 School500 m away
- St Catherine's Catholic Primary School1.1 km away
- Cragside Primary School1.2 km away
- Jesmond Park Academy800 m away
- St Mary's Catholic School1.7 km away
- Benfield School2.7 km away
More reading links
Public Transport Nearby
The closest station to NE2 2PL is Manors station, which is 2.2 kilometres away.
- Manors|2.2 km away
- Newcastle|2.9 km away
- Dunston|5.4 km away
- Heworth|5.4 km away
