Mitchell Avenue - NE2 3LA
Key Postcode Insights
NE2 3LA is a residential postcode situated on Mitchell Avenue, Newcastle Upon Tyne, NE2 with 21 addresses.
It ranks as the 407th largest of the 804 postcodes in the NE2 area.
The postcode contains a total of 21 properties: 11 houses and 10 other properties.
- Ave. Sale Price
- £1,028,963
- 10 Year change
- up 21.3%
- Ave. Rental Price
- £3,047pcm
- 10 Year change
- up 62.5%
- Ave. £ per ft²
- £404/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Key Postcode Insights
NE2 3LA is a residential postcode situated on Mitchell Avenue, Newcastle Upon Tyne, NE2 with 21 addresses.
It ranks as the 407th largest of the 804 postcodes in the NE2 area.
The postcode contains a total of 21 properties: 11 houses and 10 other properties.
- Ave. Sale Price
- £1,028,963
- 10 Year change
- up 21.3%
- Ave. Rental Price
- £3,047pcm
- 10 Year change
- up 62.5%
- Ave. £ per ft²
- £404/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Explore Properties in NE2 3LA
- 4 Mitchell Avenue
5 Bed Period House
- 6 Mitchell Avenue
House
- 8 Mitchell Avenue
House
- 10 Mitchell Avenue
5 Bed Period House
- 12 Mitchell Avenue
House
Sales Market Trends
The last sale in NE2 3LA sold for £1,500,000 on 13th January 2022. Since then prices are up an average of 11.3%.
The current average value in the postcode is £1,028,963.
The NE2 3LA Sales Market has increased by 21.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £1,028,963 |
| June 2025 | 6.4% | £1,035,636 |
| June 2024 | -2.1% | £973,740 |
| June 2023 | 3% | £994,226 |
| June 2022 | 6% | £965,578 |
| June 2021 | 2.3% | £911,334 |
| June 2020 | 2.5% | £891,103 |
| June 2019 | 1.3% | £869,642 |
| June 2018 | 0.9% | £858,248 |
| June 2017 | 0.3% | £850,451 |
| June 2016 | 4.6% | £847,950 |
| June 2015 | 6.3% | £810,910 |
| June 2014 | 2.3% | £762,728 |
| June 2013 | 2.1% | £745,932 |
| June 2012 | -0.9% | £730,901 |
| June 2011 | -1.7% | £737,841 |
| June 2010 | 7.2% | £750,322 |
| June 2009 | -7.5% | £699,922 |
| June 2008 | -2.9% | £756,354 |
| June 2007 | 0% | £778,707 |
Rental Market Trends
The current average rental value in the postcode is £3,047.
The NE2 3LA Rental Market has increased by 62.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £3,047pcm |
| June 2025 | 5.6% | £2,983pcm |
| June 2024 | 8.9% | £2,824pcm |
| June 2023 | 12.5% | £2,593pcm |
| June 2022 | 10.2% | £2,305pcm |
| June 2021 | 4.9% | £2,092pcm |
| June 2020 | 2.3% | £1,995pcm |
| June 2019 | 1.6% | £1,950pcm |
| June 2018 | 1.2% | £1,918pcm |
| June 2017 | 1% | £1,895pcm |
| June 2016 | 3.1% | £1,875pcm |
| June 2015 | 3.6% | £1,818pcm |
| June 2014 | 2.5% | £1,756pcm |
| June 2013 | 1.4% | £1,714pcm |
| June 2012 | 2.2% | £1,690pcm |
| June 2011 | 2.8% | £1,653pcm |
| June 2010 | 6.7% | £1,607pcm |
| June 2009 | -2.1% | £1,507pcm |
| June 2008 | 0.9% | £1,539pcm |
| June 2007 | 0% | £1,525pcm |
Sales History
The last recorded sale was on 13th January 2022 for £1,500,000 and since then the market in the area has increased by 11.3%.
NE2 3LA has had 3 sales since 1995, none of them in the last three years.
- Sold Jan 2022£1,500,000 | 6 Bed House42, Mitchell Avenue, Newcastle Upon Tyne, NE2 3LA42, Mitchell Avenue, Newcastle Upon Tyne, NE2 3LA
- Sold Aug 2020£1,200,000 | 6 Bed House4, Mitchell Avenue, Newcastle Upon Tyne, NE2 3LA4, Mitchell Avenue, Newcastle Upon Tyne, NE2 3LA
- Sold Aug 2018£650,000 | 5 Bed House50, Mitchell Avenue, Newcastle Upon Tyne, NE2 3LA50, Mitchell Avenue, Newcastle Upon Tyne, NE2 3LA
Nearby Postcodes
NE2 3LA is the 407th largest and the 792nd most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 3JY, Mitchell Avenue, Newcastle Upon Tyne, NE2NE2 3JY24 Addresses|43 m away
- NE2 3QE, Towers Avenue, Newcastle Upon Tyne, NE2NE2 3QE52 Addresses|107 m away
- NE2 3LE, Osborne Road, Newcastle Upon Tyne, NE2NE2 3LE18 Addresses|109 m away
- NE2 3LD, Osborne Road, Newcastle Upon Tyne, NE2NE2 3LD13 Addresses|110 m away
- NE2 3QH, Crossway, Jesmond, Newcastle Upon Tyne, NE2NE2 3QH35 Addresses|127 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (1)
- G (0)
- D (7)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Oct 2022£1,600,000 | 6 Bed House41, Mitchell Avenue, Newcastle Upon Tyne, NE2 3JY41, Mitchell Avenue, Newcastle Upon Tyne, NE2 3JY
- Sold Jan 2022£1,500,000 | 6 Bed House42, Mitchell Avenue, Newcastle Upon Tyne, NE2 3LA42, Mitchell Avenue, Newcastle Upon Tyne, NE2 3LA
- Sold Oct 2022£1,270,000 | 6 Bed House11, Mitchell Avenue, Newcastle Upon Tyne, NE2 3JY11, Mitchell Avenue, Newcastle Upon Tyne, NE2 3JY
Schools Nearby
- South Gosforth First School600 m away
- West Jesmond Primary School700 m away
- Cragside Primary School1.3 km away
- Jesmond Park Academy1.3 km away
- St Mary's Catholic School1.4 km away
- Gosforth Academy2.0 km away
More reading links
Public Transport Nearby
The closest station to NE2 3LA is Manors station, which is 2.7 kilometres away.
- Manors|2.7 km away
- Newcastle|3.3 km away
- MetroCentre|5.6 km away
- Dunston|5.6 km away
