Gowan Terrace - NE2 2PS
Key Postcode Insights
NE2 2PS is a residential postcode situated on Gowan Terrace, Newcastle Upon Tyne, NE2 with 28 addresses.
It ranks as the 484th largest and 262nd most expensive of the 804 postcodes in the NE2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 28 properties: 10 houses and 18 flats.
- Ave. Sale Price
- £273,081
- 10 Year change
- up 13.1%
- Ave. Rental Price
- £1,464pcm
- 10 Year change
- up 56.9%
- Ave. £ per ft²
- £324/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
NE2 2PS is a residential postcode situated on Gowan Terrace, Newcastle Upon Tyne, NE2 with 28 addresses.
It ranks as the 484th largest and 262nd most expensive of the 804 postcodes in the NE2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 28 properties: 10 houses and 18 flats.
- Ave. Sale Price
- £273,081
- 10 Year change
- up 13.1%
- Ave. Rental Price
- £1,464pcm
- 10 Year change
- up 56.9%
- Ave. £ per ft²
- £324/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin NE2 2PS
- Pavilion Mews
Modern Building | 9 Units
- 1 Gowan Terrace
5 Bed Period House
- 3 Gowan Terrace
3 Bed Period House
- 4 Gowan Terrace
5 Bed Period House
- 5 Gowan Terrace
House
Sales Market Trends
The last sale in NE2 2PS sold for £480,000 on 17th October 2025. Since then prices are up an average of 2.5%.
The current average value in the postcode is £273,081.
The NE2 2PS Sales Market has increased by 13.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £273,081 |
| June 2025 | 7% | £270,933 |
| June 2024 | -3.2% | £253,097 |
| June 2023 | 0.2% | £261,494 |
| June 2022 | 6.3% | £260,961 |
| June 2021 | 0.9% | £245,384 |
| June 2020 | 2.1% | £243,175 |
| June 2019 | 0.1% | £238,082 |
| June 2018 | -0.9% | £237,763 |
| June 2017 | -0.7% | £239,830 |
| June 2016 | 3.5% | £241,538 |
| June 2015 | 5.2% | £233,366 |
| June 2014 | 1% | £221,748 |
| June 2013 | 1.4% | £219,610 |
| June 2012 | -2.2% | £216,500 |
| June 2011 | -2.7% | £221,417 |
| June 2010 | 2.4% | £227,473 |
| June 2009 | -10.1% | £222,062 |
| June 2008 | -4.2% | £246,896 |
| June 2007 | 0% | £257,617 |
Rental Market Trends
The current average rental value in the postcode is £1,464.
The NE2 2PS Rental Market has increased by 56.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £1,464pcm |
| June 2025 | 5.7% | £1,408pcm |
| June 2024 | 10% | £1,332pcm |
| June 2023 | 10.6% | £1,211pcm |
| June 2022 | 9.7% | £1,096pcm |
| June 2021 | 4.3% | £999pcm |
| June 2020 | 2.1% | £958pcm |
| June 2019 | 0.5% | £938pcm |
| June 2018 | -0.2% | £933pcm |
| June 2017 | 0.3% | £935pcm |
| June 2016 | 1.9% | £933pcm |
| June 2015 | 2.3% | £915pcm |
| June 2014 | 1.8% | £894pcm |
| June 2013 | 0.5% | £878pcm |
| June 2012 | 1.7% | £874pcm |
| June 2011 | 2.5% | £859pcm |
| June 2010 | 2.1% | £838pcm |
| June 2009 | -4.3% | £821pcm |
| June 2008 | -0.5% | £858pcm |
| June 2007 | 0% | £862pcm |
Sales History
The last sale was on 17th October 2025 for £480,000 and since then the market in the area has increased by 2.5%. The postcode has had a total of 31 sales since 1995.
NE2 2PS has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£480,000 | 5 Bed House14, Gowan Terrace, Newcastle Upon Tyne, NE2 2PS14, Gowan Terrace, Newcastle Upon Tyne, NE2 2PS
- Sold Aug 2024£330,000 | 3 Bed House3, Gowan Terrace, Newcastle Upon Tyne, NE2 2PS3, Gowan Terrace, Newcastle Upon Tyne, NE2 2PS
- Sold Aug 2022£500,000 | 4 Bed House7, Gowan Terrace, Newcastle Upon Tyne, NE2 2PS7, Gowan Terrace, Newcastle Upon Tyne, NE2 2PS
- Sold Dec 2021£450,000 | 5 Bed House1, Gowan Terrace, Newcastle Upon Tyne, NE2 2PS1, Gowan Terrace, Newcastle Upon Tyne, NE2 2PS
- Sold May 2021£294,000 | 3 Bed House3, Gowan Terrace, Newcastle Upon Tyne, NE2 2PS3, Gowan Terrace, Newcastle Upon Tyne, NE2 2PS
Nearby Postcodes
NE2 2PS is the 484th largest and the 262nd most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 2PA, Gowan Terrace, Newcastle Upon Tyne, NE2NE2 2PA8 Addresses|42 m away
- NE2 2QB, Holly Avenue, Jesmond, Newcastle Upon Tyne, NE2NE2 2QB26 Addresses|58 m away
- NE2 1JR, Osborne Avenue, Newcastle Upon Tyne, NE2NE2 1JR19 Addresses|74 m away
- NE2 2PX, Holly Avenue, Jesmond, Newcastle Upon Tyne, NE2NE2 2PX20 Addresses|75 m away
- NE2 2QA, Holly Avenue, Jesmond, Newcastle Upon Tyne, NE2NE2 2QA18 Addresses|81 m away
Property Types
- 7 period houses built between 1800 and 1911
- 5 period flats built between 1800 and 1911
- 9 modern flats built after 1980
- 1 mid-century house built between 1936 and 1979
- 4 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 1 other address of unknown type
- period house (7)
- period flat (5)
- modern flat (9)
- mid-century house (1)
- mid-century flat (4)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 22 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (4)
- G (0)
- D (14)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Aug 2022£500,000 | 4 Bed House7, Gowan Terrace, Newcastle Upon Tyne, NE2 2PS7, Gowan Terrace, Newcastle Upon Tyne, NE2 2PS
- Sold Oct 2025£480,000 | 5 Bed House14, Gowan Terrace, Newcastle Upon Tyne, NE2 2PS14, Gowan Terrace, Newcastle Upon Tyne, NE2 2PS
- Sold Sep 2002£453,000 | 6 Bed House4, Gowan Terrace, Newcastle Upon Tyne, NE2 2PS4, Gowan Terrace, Newcastle Upon Tyne, NE2 2PS
Schools Nearby
- West Jesmond Primary School600 m away
- St Catherine's Catholic Primary School600 m away
- St Teresa's Catholic Primary School, Heaton1.2 km away
- Jesmond Park Academy1.0 km away
- St Mary's Catholic School2.1 km away
- Benfield School2.6 km away
More reading links
Public Transport Nearby
The closest station to NE2 2PS is Manors station, which is 1.8 kilometres away.
- Manors|1.8 km away
- Newcastle|2.5 km away
- Dunston|5.0 km away
- Heworth|5.0 km away
