Osborne Road - NE2 3LH
Key Postcode Insights
NE2 3LH is a residential postcode situated on Osborne Road, Newcastle Upon Tyne, NE2 with 16 addresses.
It ranks as the 345th largest and 711th 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 16 properties: 11 houses, 3 flats and 2 other properties.
- Ave. Sale Price
- £410,683
- 10 Year change
- up 13.5%
- Ave. Rental Price
- £2,135pcm
- 10 Year change
- up 57.9%
- Ave. £ per ft²
- £238/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
NE2 3LH is a residential postcode situated on Osborne Road, Newcastle Upon Tyne, NE2 with 16 addresses.
It ranks as the 345th largest and 711th 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 16 properties: 11 houses, 3 flats and 2 other properties.
- Ave. Sale Price
- £410,683
- 10 Year change
- up 13.5%
- Ave. Rental Price
- £2,135pcm
- 10 Year change
- up 57.9%
- Ave. £ per ft²
- £238/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Properties in NE2 3LH
- 195 Osborne Road
5 Bed Period House
- 197 Osborne Road
3 Bed Period Flat
- 199 Osborne Road
Flat
- 201 Osborne Road
Building  |  2 Flats
- 203 Osborne Road
5 Bed Period House
Sales Market Trends
The last sale in NE2 3LH sold for £425,000 on 14th July 2023. Since then prices are up an average of 3.7%.
The current average value in the postcode is £410,683.
The NE2 3LH Sales Market has increased by 13.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £410,683 |
| June 2025 | 6.5% | £408,460 |
| June 2024 | -3.4% | £383,628 |
| June 2023 | 1.1% | £396,979 |
| June 2022 | 5.9% | £392,519 |
| June 2021 | 0.5% | £370,777 |
| June 2020 | 2.7% | £368,963 |
| June 2019 | 0.1% | £359,140 |
| June 2018 | -0.6% | £358,867 |
| June 2017 | -0.2% | £361,151 |
| June 2016 | 4.4% | £361,851 |
| June 2015 | 5.9% | £346,511 |
| June 2014 | 1.3% | £327,140 |
| June 2013 | 1.8% | £322,972 |
| June 2012 | -2.1% | £317,233 |
| June 2011 | -1.9% | £324,015 |
| June 2010 | 4% | £330,456 |
| June 2009 | -9.3% | £317,659 |
| June 2008 | -4.1% | £350,217 |
| June 2007 | 0% | £365,130 |
Rental Market Trends
The current average rental value in the postcode is £2,135.
The NE2 3LH Rental Market has increased by 57.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £2,135pcm |
| June 2025 | 5.1% | £2,057pcm |
| June 2024 | 9.8% | £1,958pcm |
| June 2023 | 11.8% | £1,784pcm |
| June 2022 | 9% | £1,595pcm |
| June 2021 | 3.9% | £1,463pcm |
| June 2020 | 2.6% | £1,408pcm |
| June 2019 | 0.5% | £1,371pcm |
| June 2018 | 0.1% | £1,364pcm |
| June 2017 | 0.8% | £1,362pcm |
| June 2016 | 2.6% | £1,352pcm |
| June 2015 | 3% | £1,317pcm |
| June 2014 | 2.2% | £1,279pcm |
| June 2013 | 0.7% | £1,251pcm |
| June 2012 | 1.9% | £1,242pcm |
| June 2011 | 3.3% | £1,218pcm |
| June 2010 | 3.7% | £1,179pcm |
| June 2009 | -3.6% | £1,138pcm |
| June 2008 | -0.7% | £1,180pcm |
| June 2007 | 0% | £1,188pcm |
Sales History
The last recorded sale was on 14th July 2023 for £425,000 and since then the market in the area has increased by 3.7%.
NE2 3LH has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Jul 2023£425,000 | 4 Bed House207, Osborne Road, Newcastle Upon Tyne, NE2 3LH207, Osborne Road, Newcastle Upon Tyne, NE2 3LH
- Sold Feb 2019£410,000 | 5 Bed House223, Osborne Road, Newcastle Upon Tyne, NE2 3LH223, Osborne Road, Newcastle Upon Tyne, NE2 3LH
- Sold Jun 2018£285,000 | 4 Bed House207, Osborne Road, Newcastle Upon Tyne, NE2 3LH207, Osborne Road, Newcastle Upon Tyne, NE2 3LH
Nearby Postcodes
NE2 3LH is the 345th largest and the 711th most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 3LD, Osborne Road, Newcastle Upon Tyne, NE2NE2 3LD13 Addresses|36 m away
- NE2 3HT, Myrtle Grove, Newcastle Upon Tyne, NE2NE2 3HT52 Addresses|66 m away
- NE2 3HQ, Lonsdale Terrace, Newcastle Upon Tyne, NE2NE2 3HQ29 Addresses|78 m away
- NE2 3LJ, Lyndhurst Avenue, Newcastle Upon Tyne, NE2NE2 3LJ24 Addresses|101 m away
- NE2 3LL, Lyndhurst Gardens, Newcastle Upon Tyne, NE2NE2 3LL4 Addresses|113 m away
Property Types
- 10 period houses built between 1800 and 1911
- 3 period flats built between 1800 and 1911
- 1 house of an unknown age
- 2 other addresses of unknown type
- period house (10)
- period flat (3)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (4)
- G (0)
- D (6)
- No EPC (3)
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 School1.4 km away
- Jesmond Park Academy1.3 km away
- St Mary's Catholic School1.6 km away
- Gosforth Academy2.1 km away
More reading links
Public Transport Nearby
The closest station to NE2 3LH is Manors station, which is 2.6 kilometres away.
- Manors|2.6 km away
- Newcastle|3.1 km away
- MetroCentre|5.5 km away
- Dunston|5.5 km away
