NE2 3LB

Key Postcode Insights

NE2 3LB is a residential postcode situated on Osborne Road, Newcastle Upon Tyne, NE2 with 25 addresses.

It ranks as the 702nd largest and 1102nd most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a period house built between 1800 and 1911.

The postcode contains a total of 25 properties: 25 houses.

25
Properties
  • Houses

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House Pricesin NE2 3LB

Sale prices range from £383,187 for 3 bedroom freehold houses with a garden (1,205 ft2) to £601,401 for 6 bedroom freehold houses with a garden (2,594 ft2) .

Monthly rental prices range from £1,968 pcm for 3 bed houses to £2,754 pcm for 6 bed houses.

The gross rental yield is between 5.5% and 6.2%.

The average value per square foot is £279.

Average Sale Value
£487,791
Average Rental Value
£2,327 pcm
Average Rental Yield
5.7% /year
Average Value Per Sqft
£279 /ft2
Prices last updated 1st May 2026
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Explore Propertiesin NE2 3LB, Osborne Road, Newcastle Upon Tyne, NE2

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Sales History
in NE2 3LB

The last sale was on 18th July 2025 for £620,000 and since then the market in the area has increased by 0.2%. The postcode has had a total of 48 sales since 1995.

NE2 3LB has seen 5 sales in the last three years and 1 sale in the last twelve months.

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Nearby Postcodesto NE2 3LB

NE2 3LB is the 702nd largest and the 1102nd most expensive postcode out of the 1,193 postcodes in the NE2 area.

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Property Typesin NE2 3LB

  • 21 period houses built between 1800 and 1911
  • 4 other addresses of unknown type
  • period house (21)
  • Unknown (4)
Energy Efficiency

Energy Efficiencyof properties in NE2 3LB

  • Energy Performance Certificate (EPC) surveys conducted for 21 properties.
  • The dominant rating is D.
  • A (0)
  • E (2)
  • B (0)
  • F (0)
  • C (2)
  • G (0)
  • D (17)
  • No EPC (4)
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Schools Nearby

Schools Nearbyto NE2 3LB

The nearest primary school to NE2 3LB is South Gosforth First School which is 610 metres away.
  • 610
    m
    South Gosforth First School
  • 653
    m
    West Jesmond Primary School
  • 1.4
    km
    Archbishop Runcie CofE First School
The nearest secondary school is Jesmond Park Academy which is 1.5 kilometres away.
  • 1.5
    km
    Jesmond Park Academy
  • 1.6
    km
    St Mary's Catholic School
  • 2.0
    km
    Gosforth Academy
More reading links
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearbyto NE2 3LB

The closest station to NE2 3LB is Manors station which is 2.7 kilometres away.

  • 2.7
    km
    Manors
  • 3.2
    km
    Newcastle
  • 5.5
    km
    MetroCentre
  • 5.5
    km
    Dunston
Source: National Rail
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