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Registered Address: 2 Leman St, London E1 8FA
NE2 3LEHouse Prices / North East, Newcastle upon Tyne, Osborne Road
Last updated May 2026
Key Postcode Insights
NE2 3LE is a residential postcode situated on Osborne Road, Newcastle Upon Tyne, NE2 with 18 addresses.
It ranks as the 524th largest and 1150th 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 18 properties: 18 houses.
18
Properties
- Houses
Key Postcode Insights
NE2 3LE is a residential postcode situated on Osborne Road, Newcastle Upon Tyne, NE2 with 18 addresses.
It ranks as the 524th largest and 1150th 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 18 properties: 18 houses.
18
Properties
- Houses
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House Pricesin NE2 3LE
Sale prices range from £507,127 for 4 bedroom freehold houses with a garden (1,345 ft2) to £674,421 for 5 bedroom freehold houses with a garden (2,217 ft2) .
Monthly rental prices range from £2,124 pcm for 4 bed houses to £2,542 pcm for 5 bed houses.
The gross rental yield is between 4.5% and 5.0%.
The average value per square foot is £329.
Average Sale Value
£599,772
Average Rental Value
£2,341 pcm
Average Rental Yield
4.7% /year
Average Value Per Sqft
£329 /ft2
Sales Market Trendsin NE2 3LE
The last sale in NE2 3LE sold for £520,000 on 12th December 2024. Since then prices are up an average of 2.0%.
The current average value in the postcode is £599,772.
The NE2 3LE Sales Market has increased by 26.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £599,772 |
| April 2025 | 4.9% | £601,560 |
| April 2024 | -2.4% | £573,207 |
| April 2023 | 7.8% | £587,564 |
| April 2022 | 4.1% | £545,086 |
| April 2021 | 4.4% | £523,630 |
| April 2020 | 2.4% | £501,478 |
| April 2019 | 1.2% | £489,612 |
| April 2018 | 2.3% | £483,877 |
| April 2017 | 0% | £473,009 |
| April 2016 | 5% | £472,802 |
| April 2015 | 5.1% | £450,379 |
| April 2014 | 2.9% | £428,346 |
| April 2013 | 3.8% | £416,371 |
| April 2012 | -0.6% | £401,095 |
| April 2011 | -0.9% | £403,405 |
| April 2010 | 5.8% | £406,962 |
| April 2009 | -10.3% | £384,737 |
| April 2008 | 0.1% | £429,077 |
| April 2007 | 0% | £428,533 |
Rental Market Trendsin NE2 3LE
The current average rental value in the postcode is £2,341.
The NE2 3LE Rental Market has increased by 71.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £2,341pcm |
| April 2025 | 7.4% | £2,284pcm |
| April 2024 | 10.1% | £2,127pcm |
| April 2023 | 12.4% | £1,932pcm |
| April 2022 | 9.7% | £1,719pcm |
| April 2021 | 5.3% | £1,566pcm |
| April 2020 | 4% | £1,488pcm |
| April 2019 | 2.5% | £1,431pcm |
| April 2018 | 1.3% | £1,396pcm |
| April 2017 | 1.1% | £1,378pcm |
| April 2016 | 3.4% | £1,364pcm |
| April 2015 | 4.1% | £1,320pcm |
| April 2014 | 1.8% | £1,267pcm |
| April 2013 | 3.4% | £1,245pcm |
| April 2012 | 2.5% | £1,204pcm |
| April 2011 | 4.2% | £1,174pcm |
| April 2010 | 5.7% | £1,127pcm |
| April 2009 | -3.8% | £1,067pcm |
| April 2008 | 0.6% | £1,109pcm |
| April 2007 | 0% | £1,103pcm |
Explore Propertiesin NE2 3LE, Osborne Road, Newcastle Upon Tyne, NE2
- 154, Osborne Road, Newcastle Upon Tyne, NE2 3LE5 bed period house
- 156, Osborne Road, Newcastle Upon Tyne, NE2 3LE5 bed period house
- 158, Osborne Road, Newcastle Upon Tyne, NE2 3LE4 bed period house
- 160, Osborne Road, Newcastle Upon Tyne, NE2 3LE5 bed period house
- 162, Osborne Road, Newcastle Upon Tyne, NE2 3LE5 bed period house
- 164, Osborne Road, Newcastle Upon Tyne, NE2 3LE
- 166, Osborne Road, Newcastle Upon Tyne, NE2 3LE
- 168, Osborne Road, Newcastle Upon Tyne, NE2 3LE
- 170, Osborne Road, Newcastle Upon Tyne, NE2 3LE
- 172, Osborne Road, Newcastle Upon Tyne, NE2 3LE
- 174, Osborne Road, Newcastle Upon Tyne, NE2 3LE
- 176, Osborne Road, Newcastle Upon Tyne, NE2 3LE4 bed house
- 178, Osborne Road, Newcastle Upon Tyne, NE2 3LE5 bed period house
- 180, Osborne Road, Newcastle Upon Tyne, NE2 3LE4 bed period house
- 182, Osborne Road, Newcastle Upon Tyne, NE2 3LE5 bed period house
- 184, Osborne Road, Newcastle Upon Tyne, NE2 3LE5 bed period house
- 186, Osborne Road, Newcastle Upon Tyne, NE2 3LE
- 188, Osborne Road, Newcastle Upon Tyne, NE2 3LE5 bed period house
Sales Historyin NE2 3LE
The last sale was on 12th December 2024 for £520,000 and since then the market in the area has increased by 2.0%. The postcode has had a total of 24 sales since 1995.
NE2 3LE has seen 2 sales in the last three years and no sales in the last twelve months.
Sold Dec 2024£520,000 | 5 Bed HouseOsborne Road156, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Jan 2023£700,000 | 5 Bed HouseOsborne Road184, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Jun 2021£750,000 | 5 Bed HouseOsborne Road182, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Jan 2021£487,500 | 5 Bed HouseOsborne Road178, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Sep 2017£535,000 | 5 Bed HouseOsborne Road182, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Aug 2017£470,000 | 5 Bed HouseOsborne Road160, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Jul 2016£558,000 | 5 Bed HouseOsborne Road154, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Mar 2016£430,000 | 5 Bed HouseOsborne Road162, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Feb 2016£515,000 | 5 Bed HouseOsborne Road188, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Feb 2013£355,000 | 5 Bed HouseOsborne Road178, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Mar 2012£290,000 | 4 Bed HouseOsborne Road176, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Dec 2010£372,000 | 5 Bed HouseOsborne Road188, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Sep 2007£380,000 | 4 Bed HouseOsborne Road180, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Jun 2006£447,000 | 5 Bed HouseOsborne Road154, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Mar 2006£345,000 | 5 Bed HouseOsborne Road182, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Jan 2004£359,950 | 5 Bed HouseOsborne Road184, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Oct 2003£310,000 | 5 Bed HouseOsborne Road160, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Mar 2002£216,600 | 5 Bed HouseOsborne Road156, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Feb 2002£217,500 | 4 Bed HouseOsborne Road172, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Jan 2002£232,500 | 5 Bed HouseOsborne Road186, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Apr 2001£220,000 | 4 Bed HouseOsborne Road174, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Jan 2001£190,000 | 5 Bed HouseOsborne Road154, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Nov 1999£160,000 | 5 Bed HouseOsborne Road186, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Sold Nov 1998£117,200 | 5 Bed HouseOsborne Road156, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Nearby Postcodesto NE2 3LE
NE2 3LE is the 524th largest and the 1150th most expensive postcode out of the 1,193 postcodes in the NE2 area.
- 31 mNE2 3JT, Osborne Road, Newcastle Upon Tyne, NE2NE2 3JT31 Addresses
- 62 mNE2 3JA, Tavistock Road, Newcastle Upon Tyne, NE2NE2 3JA36 Addresses
- 69 mNE2 3JY, Mitchell Avenue, Newcastle Upon Tyne, NE2NE2 3JY24 Addresses
- 87 mNE2 3HY, Tavistock Road, Newcastle Upon Tyne, NE2NE2 3HY43 Addresses
- 109 mNE2 3LA, Mitchell Avenue, Newcastle Upon Tyne, NE2NE2 3LA21 Addresses
- 119 mNE2 3HX, Hazelwood Avenue, Newcastle Upon Tyne, NE2NE2 3HX42 Addresses
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Property Typesin NE2 3LE
- 10 period houses built between 1800 and 1911
- 1 house of an unknown age
- 7 other addresses of unknown type
- period house (10)
- house (1)
- Unknown (7)
Energy Efficiencyof properties in NE2 3LE
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The dominant rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (9)
- No EPC (8)
Top 3 Most Expensive Saleson Osborne Road
- Sold Feb 2022£6,250,000 | 3 Bed FlatOsborne Road7, Osborne Road, Newcastle Upon Tyne, NE2 2AE
- Sold Mar 2019£1,575,000 | 3 Bed FlatGeorge House 36, Osborne RoadFlat 1, George House 36, Osborne Road, Newcastle Upon Tyne, NE2 2AL
- Sold Sep 2016£1,500,000 | 6 Bed HouseOsborne Road10, Osborne Road, Newcastle Upon Tyne, NE2 2AB
Schools Nearbyto NE2 3LE
The nearest primary school to NE2 3LE is West Jesmond Primary School which is 589 metres away.
- 589mWest Jesmond Primary School
- 659mSouth Gosforth First School
- 1.3kmCragside Primary School
The nearest secondary school is Jesmond Park Academy which is 1.2 kilometres away.
- 1.2kmJesmond Park Academy
- 1.5kmSt Mary's Catholic School
- 2.1kmGosforth Academy
More reading links
Public Transport Nearbyto NE2 3LE
The closest station to NE2 3LE is Manors station which is 2.6 kilometres away.
- 2.6kmManors
- 3.2kmNewcastle
- 5.6kmDunston
- 5.6kmMetroCentre
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