Bayswater Road - NE2 3HR
Key Postcode Insights
NE2 3HR is a residential postcode situated on Bayswater Road, Newcastle Upon Tyne, NE2 with 44 addresses.
It ranks as the 624th largest and 395th 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 44 properties: 40 flats and 4 other properties.
- Ave. Sale Price
- £234,808
- 10 Year change
- up 12.1%
- Ave. Rental Price
- £1,268pcm
- 10 Year change
- up 53.9%
- Ave. £ per ft²
- £277/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
NE2 3HR is a residential postcode situated on Bayswater Road, Newcastle Upon Tyne, NE2 with 44 addresses.
It ranks as the 624th largest and 395th 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 44 properties: 40 flats and 4 other properties.
- Ave. Sale Price
- £234,808
- 10 Year change
- up 12.1%
- Ave. Rental Price
- £1,268pcm
- 10 Year change
- up 53.9%
- Ave. £ per ft²
- £277/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Properties in NE2 3HR
- Asprey House
House
- 5 Bayswater Road
2 Bed Period Flat
- 7 Bayswater Road
2 Bed Period Flat
- 9 Bayswater Road
2 Bed Mid-century Flat
- 11 Bayswater Road
2 Bed Period Flat
Sales Market Trends
The last sale in NE2 3HR sold for £220,000 on 5th August 2025. Since then prices are up an average of 1.4%.
The current average value in the postcode is £234,808.
The NE2 3HR Sales Market has increased by 12.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £234,808 |
| June 2025 | 6.1% | £233,498 |
| June 2024 | -2.5% | £220,159 |
| June 2023 | 0.9% | £225,914 |
| June 2022 | 5% | £223,884 |
| June 2021 | 0.6% | £213,135 |
| June 2020 | 2.7% | £211,883 |
| June 2019 | -0.1% | £206,394 |
| June 2018 | -0.8% | £206,606 |
| June 2017 | -0.6% | £208,232 |
| June 2016 | 4.1% | £209,490 |
| June 2015 | 5.2% | £201,275 |
| June 2014 | 1.3% | £191,271 |
| June 2013 | 1.5% | £188,894 |
| June 2012 | -2.4% | £186,127 |
| June 2011 | -2.1% | £190,758 |
| June 2010 | 3% | £194,878 |
| June 2009 | -9.8% | £189,279 |
| June 2008 | -4.7% | £209,899 |
| June 2007 | 0% | £220,239 |
Rental Market Trends
The current average rental value in the postcode is £1,268.
The NE2 3HR Rental Market has increased by 53.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £1,268pcm |
| June 2025 | 4.9% | £1,224pcm |
| June 2024 | 9.8% | £1,167pcm |
| June 2023 | 11.1% | £1,063pcm |
| June 2022 | 8.6% | £956pcm |
| June 2021 | 3.7% | £880pcm |
| June 2020 | 2.5% | £849pcm |
| June 2019 | 0.3% | £828pcm |
| June 2018 | -0.2% | £826pcm |
| June 2017 | 0.3% | £827pcm |
| June 2016 | 2.4% | £824pcm |
| June 2015 | 2.4% | £805pcm |
| June 2014 | 2% | £787pcm |
| June 2013 | 0.6% | £771pcm |
| June 2012 | 1.3% | £767pcm |
| June 2011 | 2.9% | £757pcm |
| June 2010 | 2.5% | £736pcm |
| June 2009 | -4.3% | £718pcm |
| June 2008 | -1.2% | £750pcm |
| June 2007 | 0% | £760pcm |
Sales History
The last recorded sale was on 5th August 2025 for £220,000 and since then the market in the area has increased by 1.4%.
NE2 3HR has had 3 sales since 1995, with 3 in the last three years and 2 in the last twelve months.
- Sold Aug 2025£220,000 | 2 Bed Flat23, Bayswater Road, Newcastle Upon Tyne, NE2 3HR23, Bayswater Road, Newcastle Upon Tyne, NE2 3HR
- Sold Aug 2025£220,000 | 3 Bed Flat21, Bayswater Road, Newcastle Upon Tyne, NE2 3HR21, Bayswater Road, Newcastle Upon Tyne, NE2 3HR
- Sold Jul 2025£240,000 | 3 Bed Flat17, Bayswater Road, Newcastle Upon Tyne, NE2 3HR17, Bayswater Road, Newcastle Upon Tyne, NE2 3HR
Nearby Postcodes
NE2 3HR is the 624th largest and the 395th most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 3HS, Bayswater Road, Newcastle Upon Tyne, NE2NE2 3HS42 Addresses|25 m away
- NE2 3HN, Glenthorn Road, Newcastle Upon Tyne, NE2NE2 3HN42 Addresses|35 m away
- NE2 3HU, Hazelwood Avenue, Newcastle Upon Tyne, NE2NE2 3HU42 Addresses|57 m away
- NE2 3HL, Glenthorn Road, Newcastle Upon Tyne, NE2NE2 3HL42 Addresses|61 m away
- NE2 3HX, Hazelwood Avenue, Newcastle Upon Tyne, NE2NE2 3HX42 Addresses|82 m away
Property Types
- 39 period flats built between 1800 and 1911
- 1 mid-century flat built between 1936 and 1979
- 4 other addresses of unknown type
- period flat (39)
- mid-century flat (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 39 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (13)
- G (0)
- D (25)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Dec 2025£400,000 | 3 Bed Flat88, Bayswater Road, Newcastle Upon Tyne, NE2 3HS88, Bayswater Road, Newcastle Upon Tyne, NE2 3HS
- Sold Jan 2023£358,000 | 3 Bed Flat58, Bayswater Road, Newcastle Upon Tyne, NE2 3HS58, Bayswater Road, Newcastle Upon Tyne, NE2 3HS
- Sold Dec 2022£325,000 | 3 Bed Flat95, Bayswater Road, Newcastle Upon Tyne, NE2 3HP95, Bayswater Road, Newcastle Upon Tyne, NE2 3HP
Schools Nearby
- West Jesmond Primary School400 m away
- South Gosforth First School900 m away
- Cragside Primary School1.4 km away
- Jesmond Park Academy1.2 km away
- St Mary's Catholic School1.7 km away
- Gosforth Academy2.3 km away
More reading links
Public Transport Nearby
The closest station to NE2 3HR is Manors station, which is 2.4 kilometres away.
- Manors|2.4 km away
- Newcastle|3.0 km away
- Dunston|5.4 km away
- MetroCentre|5.4 km away