Great North Road - NE2 3BU
Key Postcode Insights
NE2 3BU is a residential postcode situated on Great North Road, Jesmond, Newcastle Upon Tyne, NE2 with 2 addresses.
It ranks as the 104th largest and 689th 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 2 properties: 2 houses.
- Ave. Sale Price
- £458,138
- 10 Year change
- up 20.1%
- Ave. Rental Price
- £2,457pcm
- 10 Year change
- up 67.1%
- Ave. £ per ft²
- £331/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
NE2 3BU is a residential postcode situated on Great North Road, Jesmond, Newcastle Upon Tyne, NE2 with 2 addresses.
It ranks as the 104th largest and 689th 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 2 properties: 2 houses.
- Ave. Sale Price
- £458,138
- 10 Year change
- up 20.1%
- Ave. Rental Price
- £2,457pcm
- 10 Year change
- up 67.1%
- Ave. £ per ft²
- £331/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Properties in NE2 3BU
- 1 The Lodge Great North Road
4 Bed Period House
- 2 The Lodge Great North Road
4 Bed Period House
Sales Market Trends
The current average value in the postcode is £458,138.
The NE2 3BU Sales Market has increased by 20.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £458,138 |
| June 2025 | 7.4% | £453,922 |
| June 2024 | -3.5% | £422,708 |
| June 2023 | 1.6% | £438,081 |
| June 2022 | 7.2% | £431,003 |
| June 2021 | 1.4% | £402,093 |
| June 2020 | 2.9% | £396,563 |
| June 2019 | 0.4% | £385,531 |
| June 2018 | 0% | £383,953 |
| June 2017 | 0.6% | £383,855 |
| June 2016 | 4.7% | £381,601 |
| June 2015 | 6.4% | £364,454 |
| June 2014 | 1.5% | £342,415 |
| June 2013 | 2.1% | £337,218 |
| June 2012 | -1.4% | £330,340 |
| June 2011 | -2.1% | £334,891 |
| June 2010 | 5.3% | £342,000 |
| June 2009 | -8.5% | £324,899 |
| June 2008 | -3.1% | £355,060 |
| June 2007 | 0% | £366,539 |
Rental Market Trends
The current average rental value in the postcode is £2,457.
The NE2 3BU Rental Market has increased by 67.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £2,457pcm |
| June 2025 | 6% | £2,359pcm |
| June 2024 | 9.6% | £2,226pcm |
| June 2023 | 12.4% | £2,031pcm |
| June 2022 | 10.4% | £1,807pcm |
| June 2021 | 4.9% | £1,637pcm |
| June 2020 | 2.8% | £1,561pcm |
| June 2019 | 0.9% | £1,519pcm |
| June 2018 | 0.8% | £1,506pcm |
| June 2017 | 1.6% | £1,494pcm |
| June 2016 | 2.9% | £1,471pcm |
| June 2015 | 3.5% | £1,429pcm |
| June 2014 | 2.5% | £1,381pcm |
| June 2013 | 1% | £1,347pcm |
| June 2012 | 2.7% | £1,334pcm |
| June 2011 | 3.2% | £1,299pcm |
| June 2010 | 4.9% | £1,260pcm |
| June 2009 | -2.7% | £1,200pcm |
| June 2008 | 0.3% | £1,234pcm |
| June 2007 | 0% | £1,231pcm |
Nearby Postcodes
NE2 3BU is the 104th largest and the 689th most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 3BY, Fairfield Road, Newcastle Upon Tyne, NE2NE2 3BY82 Addresses|120 m away
- NE2 3BX, Highbury, Newcastle Upon Tyne, NE2NE2 3BX8 Addresses|135 m away
- NE2 3DA, Forsyth Road, Newcastle Upon Tyne, NE2NE2 3DA39 Addresses|164 m away
- NE2 3DB, Forsyth Road, Newcastle Upon Tyne, NE2NE2 3DB37 Addresses|187 m away
- NE2 3DE, Lavender Gardens, Newcastle Upon Tyne, NE2NE2 3DE37 Addresses|219 m away
Property Types
- 2 period houses built between 1800 and 1911
- period house (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (0)
Schools Nearby
- West Jesmond Primary School200 m away
- St Catherine's Catholic Primary School1.3 km away
- South Gosforth First School1.3 km away
- Jesmond Park Academy1.5 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 3BU is Manors station, which is 2.0 kilometres away.
- Manors|2.0 km away
- Newcastle|2.5 km away
- Dunston|4.8 km away
- MetroCentre|4.9 km away