Fern Avenue - NE2 2QY
Key Postcode Insights
NE2 2QY is a residential postcode situated on Fern Avenue, Jesmond, Newcastle Upon Tyne, NE2 with 19 addresses.
It ranks as the 377th largest and 715th most expensive of the 804 postcodes in the NE2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 19 properties: 7 houses, 8 flats and 4 other properties.
- Ave. Sale Price
- £435,627
- 10 Year change
- up 13.9%
- Ave. Rental Price
- £2,040pcm
- 10 Year change
- up 58.1%
- Ave. £ per ft²
- £212/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
NE2 2QY is a residential postcode situated on Fern Avenue, Jesmond, Newcastle Upon Tyne, NE2 with 19 addresses.
It ranks as the 377th largest and 715th most expensive of the 804 postcodes in the NE2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 19 properties: 7 houses, 8 flats and 4 other properties.
- Ave. Sale Price
- £435,627
- 10 Year change
- up 13.9%
- Ave. Rental Price
- £2,040pcm
- 10 Year change
- up 58.1%
- Ave. £ per ft²
- £212/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Properties in NE2 2QY
- 60 Fern Avenue
House
- 62 Fern Avenue
Building  |  2 Flats
- 64 Fern Avenue
5 Bed Period House
- 66 Fern Avenue
5 Bed Period House
- 68 Fern Avenue
5 Bed Period House
Sales Market Trends
The last sale in NE2 2QY sold for £850,000 on 11th November 2024. Since then prices are up an average of 6.7%.
The current average value in the postcode is £435,627.
The NE2 2QY Sales Market has increased by 13.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.7% | £435,627 |
| June 2025 | 6.5% | £432,703 |
| June 2024 | -3.3% | £406,115 |
| June 2023 | 1.2% | £419,880 |
| June 2022 | 5.8% | £415,063 |
| June 2021 | 0.6% | £392,326 |
| June 2020 | 2.6% | £390,083 |
| June 2019 | 0.1% | £380,023 |
| June 2018 | -0.5% | £379,613 |
| June 2017 | -0.2% | £381,673 |
| June 2016 | 4.4% | £382,584 |
| June 2015 | 5.9% | £366,610 |
| June 2014 | 1.4% | £346,247 |
| June 2013 | 1.7% | £341,489 |
| June 2012 | -2.1% | £335,862 |
| June 2011 | -2% | £343,132 |
| June 2010 | 4.2% | £350,103 |
| June 2009 | -9.5% | £336,148 |
| June 2008 | -4.3% | £371,261 |
| June 2007 | 0% | £387,876 |
Rental Market Trends
The current average rental value in the postcode is £2,040.
The NE2 2QY Rental Market has increased by 58.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £2,040pcm |
| June 2025 | 5.2% | £1,964pcm |
| June 2024 | 9.9% | £1,868pcm |
| June 2023 | 11.6% | £1,699pcm |
| June 2022 | 9.1% | £1,522pcm |
| June 2021 | 4% | £1,396pcm |
| June 2020 | 2.6% | £1,342pcm |
| June 2019 | 0.5% | £1,308pcm |
| June 2018 | 0.1% | £1,301pcm |
| June 2017 | 0.8% | £1,300pcm |
| June 2016 | 2.7% | £1,290pcm |
| June 2015 | 3% | £1,256pcm |
| June 2014 | 2.3% | £1,220pcm |
| June 2013 | 0.7% | £1,193pcm |
| June 2012 | 1.9% | £1,185pcm |
| June 2011 | 3.2% | £1,163pcm |
| June 2010 | 3.8% | £1,126pcm |
| June 2009 | -3.7% | £1,085pcm |
| June 2008 | -0.6% | £1,127pcm |
| June 2007 | 0% | £1,134pcm |
Sales History
The last recorded sale was on 11th November 2024 for £850,000 and since then the market in the area has increased by 6.7%.
NE2 2QY has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Nov 2024£850,000 | 5 Bed House68, Fern Avenue, Newcastle Upon Tyne, NE2 2QY68, Fern Avenue, Newcastle Upon Tyne, NE2 2QY
- Sold Jul 2024£298,000 | 3 Bed Flat72A , Fern Avenue, Newcastle Upon Tyne, NE2 2QY72A , Fern Avenue, Newcastle Upon Tyne, NE2 2QY
- Sold Apr 2021£355,000 | 3 Bed Flat72B , Fern Avenue, Newcastle Upon Tyne, NE2 2QY72B , Fern Avenue, Newcastle Upon Tyne, NE2 2QY
Nearby Postcodes
NE2 2QY is the 377th largest and the 715th most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 2QU, Fern Avenue, Jesmond, Newcastle Upon Tyne, NE2NE2 2QU28 Addresses|41 m away
- NE2 2PX, Holly Avenue, Jesmond, Newcastle Upon Tyne, NE2NE2 2PX20 Addresses|50 m away
- NE2 2PT, Gowan Terrace, Newcastle Upon Tyne, NE2NE2 2PT2 Addresses|69 m away
- NE2 2QX, Fern Avenue, Jesmond, Newcastle Upon Tyne, NE2NE2 2QX15 Addresses|84 m away
- NE2 2PS, Gowan Terrace, Newcastle Upon Tyne, NE2NE2 2PS28 Addresses|91 m away
Property Types
- 7 period houses built between 1800 and 1911
- 8 period flats built between 1800 and 1911
- 4 other addresses of unknown type
- period house (7)
- period flat (8)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (3)
- G (0)
- D (5)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Nov 2024£850,000 | 5 Bed House68, Fern Avenue, Newcastle Upon Tyne, NE2 2QY68, Fern Avenue, Newcastle Upon Tyne, NE2 2QY
- Sold Feb 2024£798,000 | 6 Bed House50, Fern Avenue, Newcastle Upon Tyne, NE2 2QX50, Fern Avenue, Newcastle Upon Tyne, NE2 2QX
- Sold Jan 2018£625,000 | 6 Bed House31, Fern Avenue, Newcastle Upon Tyne, NE2 2QU31, Fern Avenue, Newcastle Upon Tyne, NE2 2QU
Schools Nearby
- West Jesmond Primary School500 m away
- St Catherine's Catholic Primary School700 m away
- St Teresa's Catholic Primary School, Heaton1.3 km away
- Jesmond Park Academy1.0 km away
- St Mary's Catholic School2.1 km away
- North East Futures UTC2.7 km away
More reading links
Public Transport Nearby
The closest station to NE2 2QY 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|5.1 km away