Holly Avenue - NE2 2PY
Key Postcode Insights
NE2 2PY is a residential postcode situated on Holly Avenue, Jesmond, Newcastle Upon Tyne, NE2 with 26 addresses.
It ranks as the 461st largest and 744th 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 26 properties: 22 houses and 4 flats.
- Ave. Sale Price
- £492,015
- 10 Year change
- up 14.2%
- Ave. Rental Price
- £2,298pcm
- 10 Year change
- up 60.0%
- Ave. £ per ft²
- £297/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
NE2 2PY is a residential postcode situated on Holly Avenue, Jesmond, Newcastle Upon Tyne, NE2 with 26 addresses.
It ranks as the 461st largest and 744th 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 26 properties: 22 houses and 4 flats.
- Ave. Sale Price
- £492,015
- 10 Year change
- up 14.2%
- Ave. Rental Price
- £2,298pcm
- 10 Year change
- up 60.0%
- Ave. £ per ft²
- £297/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin NE2 2PY
- 2A Holly Avenue
4 Bed Period House
- 2 Holly Avenue
4 Bed Period House
- 4 Holly Avenue
5 Bed Period House
- 6 Holly Avenue
House
- 8 Holly Avenue
5 Bed Period House
Sales Market Trends
The last sale in NE2 2PY sold for £535,000 on 7th April 2026. Since then prices are down an average of 0.1%.
The current average value in the postcode is £492,015.
The NE2 2PY Sales Market has increased by 14.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £492,015 |
| June 2025 | 7% | £489,747 |
| June 2024 | -3.8% | £457,592 |
| June 2023 | 1.1% | £475,782 |
| June 2022 | 6.3% | £470,483 |
| June 2021 | 0.5% | £442,419 |
| June 2020 | 2.7% | £440,240 |
| June 2019 | 0.1% | £428,778 |
| June 2018 | -0.5% | £428,212 |
| June 2017 | -0.1% | £430,309 |
| June 2016 | 4.5% | £430,844 |
| June 2015 | 6.3% | £412,293 |
| June 2014 | 1.2% | £387,988 |
| June 2013 | 1.9% | £383,570 |
| June 2012 | -1.8% | £376,454 |
| June 2011 | -2% | £383,402 |
| June 2010 | 4.4% | £391,323 |
| June 2009 | -8.8% | £374,725 |
| June 2008 | -3.7% | £411,035 |
| June 2007 | 0% | £427,005 |
Rental Market Trends
The current average rental value in the postcode is £2,298.
The NE2 2PY Rental Market has increased by 60.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £2,298pcm |
| June 2025 | 5.5% | £2,215pcm |
| June 2024 | 9.8% | £2,100pcm |
| June 2023 | 11.9% | £1,913pcm |
| June 2022 | 9.4% | £1,709pcm |
| June 2021 | 4.1% | £1,562pcm |
| June 2020 | 2.6% | £1,500pcm |
| June 2019 | 0.6% | £1,462pcm |
| June 2018 | 0.3% | £1,454pcm |
| June 2017 | 0.9% | £1,449pcm |
| June 2016 | 2.7% | £1,436pcm |
| June 2015 | 3.3% | £1,398pcm |
| June 2014 | 2.2% | £1,354pcm |
| June 2013 | 0.8% | £1,324pcm |
| June 2012 | 2.4% | £1,313pcm |
| June 2011 | 3.4% | £1,283pcm |
| June 2010 | 4.1% | £1,241pcm |
| June 2009 | -3% | £1,192pcm |
| June 2008 | -0.3% | £1,229pcm |
| June 2007 | 0% | £1,232pcm |
Sales History
The last sale was on 7th April 2026 for £535,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 33 sales since 1995.
NE2 2PY has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Apr 2026£535,000 | 4 Bed House2, Holly Avenue, Newcastle Upon Tyne, NE2 2PY2, Holly Avenue, Newcastle Upon Tyne, NE2 2PY
- Sold Sep 2023£600,000 | 5 Bed House12, Holly Avenue, Newcastle Upon Tyne, NE2 2PY12, Holly Avenue, Newcastle Upon Tyne, NE2 2PY
- Sold Aug 2023£500,000 | 5 Bed House14, Holly Avenue, Newcastle Upon Tyne, NE2 2PY14, Holly Avenue, Newcastle Upon Tyne, NE2 2PY
- Sold Jun 2022£437,500 | 4 Bed House2, Holly Avenue, Newcastle Upon Tyne, NE2 2PY2, Holly Avenue, Newcastle Upon Tyne, NE2 2PY
- Sold May 2022£600,000 | 5 Bed House18, Holly Avenue, Newcastle Upon Tyne, NE2 2PY18, Holly Avenue, Newcastle Upon Tyne, NE2 2PY
Nearby Postcodes
NE2 2PY is the 461st largest and the 744th most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 2PU, Holly Avenue, Jesmond, Newcastle Upon Tyne, NE2NE2 2PU20 Addresses|42 m away
- NE2 1JQ, Osborne Avenue, Newcastle Upon Tyne, NE2NE2 1JQ45 Addresses|56 m away
- NE2 2AJ, Osborne Road, Newcastle Upon Tyne, NE2NE2 2AJ25 Addresses|90 m away
- NE2 2QT, Fern Avenue, Jesmond, Newcastle Upon Tyne, NE2NE2 2QT34 Addresses|97 m away
- NE2 2QX, Fern Avenue, Jesmond, Newcastle Upon Tyne, NE2NE2 2QX15 Addresses|107 m away
Property Types
- 19 period houses built between 1800 and 1911
- 4 period flats built between 1800 and 1911
- 3 other addresses of unknown type
- period house (19)
- period flat (4)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is D.
- A (0)
- E (9)
- B (0)
- F (0)
- C (0)
- G (0)
- D (10)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Dec 2021£2,610,527 | 3 Bed Flat85, Holly Avenue, Newcastle Upon Tyne, NE2 2QB85, Holly Avenue, Newcastle Upon Tyne, NE2 2QB
- Sold Dec 2022£697,000 | 5 Bed House61, Holly Avenue, Newcastle Upon Tyne, NE2 2PX61, Holly Avenue, Newcastle Upon Tyne, NE2 2PX
- Sold Aug 2025£680,000 | 4 Bed House41, Holly Avenue, Newcastle Upon Tyne, NE2 2PX41, Holly Avenue, Newcastle Upon Tyne, NE2 2PX
Schools Nearby
- West Jesmond Primary School400 m away
- St Catherine's Catholic Primary School800 m away
- Hotspur Primary School1.4 km away
- Jesmond Park Academy1.2 km away
- St Mary's Catholic School2.2 km away
- North East Futures UTC2.6 km away
More reading links
Public Transport Nearby
The closest station to NE2 2PY is Manors station, which is 1.7 kilometres away.
- Manors|1.7 km away
- Newcastle|2.4 km away
- Dunston|4.9 km away
- Heworth|5.1 km away
