Osborne Road - NE2 3LE
Key Postcode Insights
NE2 3LE is a residential postcode situated on Osborne Road, Newcastle Upon Tyne, NE2 with 18 addresses.
It ranks as the 367th largest and 761st 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 18 properties: 11 houses and 7 other properties.
- Ave. Sale Price
- £607,062
- 10 Year change
- up 21.9%
- Ave. Rental Price
- £2,705pcm
- 10 Year change
- up 63.2%
- Ave. £ per ft²
- £327/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
NE2 3LE is a residential postcode situated on Osborne Road, Newcastle Upon Tyne, NE2 with 18 addresses.
It ranks as the 367th largest and 761st 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 18 properties: 11 houses and 7 other properties.
- Ave. Sale Price
- £607,062
- 10 Year change
- up 21.9%
- Ave. Rental Price
- £2,705pcm
- 10 Year change
- up 63.2%
- Ave. £ per ft²
- £327/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Properties in NE2 3LE
- 154 Osborne Road
5 Bed Period House
- 156 Osborne Road
5 Bed Period House
- 158 Osborne Road
4 Bed Period House
- 160 Osborne Road
5 Bed Period House
- 162 Osborne Road
5 Bed Period House
Sales Market Trends
The last sale in NE2 3LE sold for £520,000 on 12th December 2024. Since then prices are up an average of 2.4%.
The current average value in the postcode is £607,062.
The NE2 3LE Sales Market has increased by 21.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £607,062 |
| June 2025 | 6.4% | £608,067 |
| June 2024 | -2% | £571,406 |
| June 2023 | 2.9% | £583,250 |
| June 2022 | 6% | £566,692 |
| June 2021 | 2.1% | £534,548 |
| June 2020 | 2.6% | £523,486 |
| June 2019 | 1.1% | £510,136 |
| June 2018 | 0.9% | £504,378 |
| June 2017 | 0.4% | £500,060 |
| June 2016 | 4.6% | £497,952 |
| June 2015 | 6.3% | £476,198 |
| June 2014 | 2.2% | £447,838 |
| June 2013 | 1.9% | £438,129 |
| June 2012 | -0.9% | £429,813 |
| June 2011 | -1.7% | £433,789 |
| June 2010 | 7.2% | £441,232 |
| June 2009 | -7.4% | £411,764 |
| June 2008 | -3% | £444,772 |
| June 2007 | 0% | £458,311 |
Rental Market Trends
The current average rental value in the postcode is £2,705.
The NE2 3LE Rental Market has increased by 63.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £2,705pcm |
| June 2025 | 5.7% | £2,635pcm |
| June 2024 | 9% | £2,494pcm |
| June 2023 | 12.5% | £2,289pcm |
| June 2022 | 10.2% | £2,035pcm |
| June 2021 | 4.7% | £1,847pcm |
| June 2020 | 2.5% | £1,764pcm |
| June 2019 | 1.5% | £1,721pcm |
| June 2018 | 1.2% | £1,696pcm |
| June 2017 | 1.2% | £1,677pcm |
| June 2016 | 3.1% | £1,657pcm |
| June 2015 | 3.6% | £1,607pcm |
| June 2014 | 2.4% | £1,551pcm |
| June 2013 | 1.3% | £1,515pcm |
| June 2012 | 2.3% | £1,495pcm |
| June 2011 | 2.8% | £1,462pcm |
| June 2010 | 6.6% | £1,422pcm |
| June 2009 | -2% | £1,334pcm |
| June 2008 | 0.8% | £1,362pcm |
| June 2007 | 0% | £1,351pcm |
Sales History
The last recorded sale was on 12th December 2024 for £520,000 and since then the market in the area has increased by 2.4%.
NE2 3LE has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Dec 2024£520,000 | 5 Bed House156, Osborne Road, Newcastle Upon Tyne, NE2 3LE156, Osborne Road, Newcastle Upon Tyne, NE2 3LE
- Sold Jan 2023£700,000 | 5 Bed House184, Osborne Road, Newcastle Upon Tyne, NE2 3LE184, Osborne Road, Newcastle Upon Tyne, NE2 3LE
- Sold Jun 2021£750,000 | 5 Bed House182, Osborne Road, Newcastle Upon Tyne, NE2 3LE182, Osborne Road, Newcastle Upon Tyne, NE2 3LE
Nearby Postcodes
NE2 3LE is the 367th largest and the 761st most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 3JT, Osborne Road, Newcastle Upon Tyne, NE2NE2 3JT31 Addresses|31 m away
- NE2 3JA, Tavistock Road, Newcastle Upon Tyne, NE2NE2 3JA36 Addresses|62 m away
- NE2 3JY, Mitchell Avenue, Newcastle Upon Tyne, NE2NE2 3JY24 Addresses|69 m away
- NE2 3HY, Tavistock Road, Newcastle Upon Tyne, NE2NE2 3HY43 Addresses|87 m away
- NE2 3LA, Mitchell Avenue, Newcastle Upon Tyne, NE2NE2 3LA21 Addresses|109 m away
Property Types
- 11 period houses built between 1800 and 1911
- 7 other addresses of unknown type
- period house (11)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (9)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Feb 2022£6,250,000 | 3 Bed Flat7, Osborne Road, Newcastle Upon Tyne, NE2 2AE7, Osborne Road, Newcastle Upon Tyne, NE2 2AE
- Sold Mar 2019£1,575,000 | 3 Bed FlatFlat 1, George House 36, Osborne Road, Newcastle Upon Tyne, NE2 2ALFlat 1, George House 36, Osborne Road, Newcastle Upon Tyne, NE2 2AL
- Sold Sep 2016£1,500,000 | 6 Bed House10, Osborne Road, Newcastle Upon Tyne, NE2 2AB10, Osborne Road, Newcastle Upon Tyne, NE2 2AB
Schools Nearby
- West Jesmond Primary School600 m away
- South Gosforth First School700 m away
- Cragside Primary School1.3 km away
- Jesmond Park Academy1.2 km away
- St Mary's Catholic School1.5 km away
- Gosforth Academy2.1 km away
More reading links
Public Transport Nearby
The closest station to NE2 3LE is Manors station, which is 2.6 kilometres away.
- Manors|2.6 km away
- Newcastle|3.2 km away
- Dunston|5.6 km away
- MetroCentre|5.6 km away
