Osborne Road - NE2 2TE
Key Postcode Insights
NE2 2TE is a residential postcode situated on Osborne Road, Newcastle Upon Tyne, NE2 with 4 addresses.
It ranks as the 149th largest and 793rd 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 4 properties: 3 houses and 1 other property.
- Ave. Sale Price
- £842,069
- 10 Year change
- up 21.9%
- Ave. Rental Price
- £2,379pcm
- 10 Year change
- up 63.2%
- Ave. £ per ft²
- £541/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Key Postcode Insights
NE2 2TE is a residential postcode situated on Osborne Road, Newcastle Upon Tyne, NE2 with 4 addresses.
It ranks as the 149th largest and 793rd 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 4 properties: 3 houses and 1 other property.
- Ave. Sale Price
- £842,069
- 10 Year change
- up 21.9%
- Ave. Rental Price
- £2,379pcm
- 10 Year change
- up 63.2%
- Ave. £ per ft²
- £541/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Explore Properties in NE2 2TE
- 122 Osborne Road
4 Bed Period House
- 124 Osborne Road
House
- 126 Osborne Road
5 Bed Period House
- 128 Osborne Road
4 Bed Period House
Sales Market Trends
The last sale in NE2 2TE sold for £800,000 on 2nd April 2024. Since then prices are up an average of 6.8%.
The current average value in the postcode is £842,069.
The NE2 2TE Sales Market has increased by 21.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £842,069 |
| June 2025 | 6.4% | £843,463 |
| June 2024 | -2% | £792,609 |
| June 2023 | 2.9% | £809,038 |
| June 2022 | 6% | £786,071 |
| June 2021 | 2.1% | £741,483 |
| June 2020 | 2.6% | £726,140 |
| June 2019 | 1.1% | £707,621 |
| June 2018 | 0.9% | £699,634 |
| June 2017 | 0.4% | £693,644 |
| June 2016 | 4.6% | £690,721 |
| June 2015 | 6.3% | £660,545 |
| June 2014 | 2.2% | £621,206 |
| June 2013 | 1.9% | £607,738 |
| June 2012 | -0.9% | £596,203 |
| June 2011 | -1.7% | £601,719 |
| June 2010 | 7.2% | £612,042 |
| June 2009 | -7.4% | £571,167 |
| June 2008 | -3% | £616,953 |
| June 2007 | 0% | £635,734 |
Rental Market Trends
The current average rental value in the postcode is £2,379.
The NE2 2TE Rental Market has increased by 63.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £2,379pcm |
| June 2025 | 5.7% | £2,318pcm |
| June 2024 | 9% | £2,193pcm |
| June 2023 | 12.5% | £2,013pcm |
| June 2022 | 10.2% | £1,790pcm |
| June 2021 | 4.7% | £1,624pcm |
| June 2020 | 2.5% | £1,551pcm |
| June 2019 | 1.5% | £1,514pcm |
| June 2018 | 1.2% | £1,492pcm |
| June 2017 | 1.2% | £1,475pcm |
| June 2016 | 3.1% | £1,457pcm |
| June 2015 | 3.6% | £1,413pcm |
| June 2014 | 2.4% | £1,364pcm |
| June 2013 | 1.3% | £1,332pcm |
| June 2012 | 2.3% | £1,315pcm |
| June 2011 | 2.8% | £1,286pcm |
| June 2010 | 6.6% | £1,251pcm |
| June 2009 | -2% | £1,173pcm |
| June 2008 | 0.8% | £1,198pcm |
| June 2007 | 0% | £1,188pcm |
Sales History
The last recorded sale was on 2nd April 2024 for £800,000 and since then the market in the area has increased by 6.8%.
NE2 2TE has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Apr 2024£800,000 | 4 Bed House128, Osborne Road, Newcastle Upon Tyne, NE2 2TE128, Osborne Road, Newcastle Upon Tyne, NE2 2TE
- Sold Aug 2020£675,000 | 4 Bed House128, Osborne Road, Newcastle Upon Tyne, NE2 2TE128, Osborne Road, Newcastle Upon Tyne, NE2 2TE
- Sold Nov 2016£600,250 | 4 Bed House128, Osborne Road, Newcastle Upon Tyne, NE2 2TE128, Osborne Road, Newcastle Upon Tyne, NE2 2TE
Nearby Postcodes
NE2 2TE is the 149th largest and the 793rd most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 2DQ, Newbrough Crescent, Newcastle Upon Tyne, NE2NE2 2DQ13 Addresses|36 m away
- NE2 2DN, St. Georges Terrace, Jesmond, Newcastle Upon Tyne, NE2NE2 2DN21 Addresses|59 m away
- NE2 2TB, Osborne Road, Newcastle Upon Tyne, NE2NE2 2TB43 Addresses|76 m away
- NE2 3JU, North Jesmond Avenue, Newcastle Upon Tyne, NE2NE2 3JU2 Addresses|94 m away
- NE2 2DP, St. Georges Terrace, Jesmond, Newcastle Upon Tyne, NE2NE2 2DP53 Addresses|101 m away
Property Types
- 3 period houses built between 1800 and 1911
- 1 other address of unknown type
- period house (3)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 3 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Feb 2022£6,250,000 | 3 Bed Flat7, Osborne Road, Newcastle Upon Tyne, NE2 2AE7, Osborne Road, Newcastle Upon Tyne, NE2 2AE
- Sold Mar 2019£1,575,000 | 3 Bed FlatFlat 1, George House 36, Osborne Road, Newcastle Upon Tyne, NE2 2ALFlat 1, George House 36, Osborne Road, Newcastle Upon Tyne, NE2 2AL
- Sold Sep 2016£1,500,000 | 6 Bed House10, Osborne Road, Newcastle Upon Tyne, NE2 2AB10, Osborne Road, Newcastle Upon Tyne, NE2 2AB
Schools Nearby
- West Jesmond Primary School500 m away
- South Gosforth First School800 m away
- Cragside Primary School1.2 km away
- Jesmond Park Academy1.0 km away
- St Mary's Catholic School1.5 km away
- Gosforth Academy2.3 km away
More reading links
Public Transport Nearby
The closest station to NE2 2TE is Manors station, which is 2.5 kilometres away.
- Manors|2.5 km away
- Newcastle|3.1 km away
- Dunston|5.5 km away
- MetroCentre|5.6 km away