Matthew Bank - NE2 3QY
Key Postcode Insights
NE2 3QY is a residential postcode situated on Matthew Bank, Jesmond, Newcastle Upon Tyne, NE2 with 2 addresses.
It ranks as the 108th largest and 797th most expensive of the 804 postcodes in the NE2 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £930,286
- 10 Year change
- up 26.3%
- Ave. Rental Price
- £2,641pcm
- 10 Year change
- up 63.5%
- Ave. £ per ft²
- £443/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Key Postcode Insights
NE2 3QY is a residential postcode situated on Matthew Bank, Jesmond, Newcastle Upon Tyne, NE2 with 2 addresses.
It ranks as the 108th largest and 797th most expensive of the 804 postcodes in the NE2 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £930,286
- 10 Year change
- up 26.3%
- Ave. Rental Price
- £2,641pcm
- 10 Year change
- up 63.5%
- Ave. £ per ft²
- £443/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Explore Propertiesin NE2 3QY
Sales Market Trends
The last sale in NE2 3QY sold for £111,000 on 7th July 1997. Since then prices are down an average of 0.0%.
The current average value in the postcode is £930,286.
The NE2 3QY Sales Market has increased by 26.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £930,286 |
| June 2025 | 5.8% | £922,597 |
| June 2024 | 0.5% | £872,053 |
| June 2023 | 2.9% | £868,055 |
| June 2022 | 5.4% | £843,390 |
| June 2021 | 2.7% | £800,399 |
| June 2020 | 3.4% | £779,155 |
| June 2019 | 0.8% | £753,297 |
| June 2018 | 0.8% | £747,521 |
| June 2017 | 0.7% | £741,706 |
| June 2016 | 5% | £736,607 |
| June 2015 | 5.7% | £701,512 |
| June 2014 | 2.1% | £663,954 |
| June 2013 | 2% | £650,109 |
| June 2012 | -0.5% | £637,457 |
| June 2011 | -1.8% | £640,829 |
| June 2010 | 6% | £652,769 |
| June 2009 | -6.9% | £615,848 |
| June 2008 | -2.1% | £661,492 |
| June 2007 | 0% | £675,968 |
Rental Market Trends
The current average rental value in the postcode is £2,641.
The NE2 3QY Rental Market has increased by 63.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £2,641pcm |
| June 2025 | 5.3% | £2,553pcm |
| June 2024 | 8.5% | £2,423pcm |
| June 2023 | 12.2% | £2,234pcm |
| June 2022 | 10.6% | £1,990pcm |
| June 2021 | 4.3% | £1,800pcm |
| June 2020 | 2.6% | £1,726pcm |
| June 2019 | 1.5% | £1,683pcm |
| June 2018 | 1.2% | £1,659pcm |
| June 2017 | 1.5% | £1,639pcm |
| June 2016 | 2.4% | £1,615pcm |
| June 2015 | 3.2% | £1,577pcm |
| June 2014 | 2.2% | £1,527pcm |
| June 2013 | 1.1% | £1,495pcm |
| June 2012 | 1.8% | £1,479pcm |
| June 2011 | 1.8% | £1,453pcm |
| June 2010 | 5.1% | £1,427pcm |
| June 2009 | -2.5% | £1,357pcm |
| June 2008 | 0.2% | £1,391pcm |
| June 2007 | 0% | £1,389pcm |
Sales History
The last sale was on 7th July 1997 for £111,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sale since 1995.
NE2 3QY has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
NE2 3QY is the 108th largest and the 797th most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 3QJ, Jesmond Dene Road, Newcastle Upon Tyne, NE2NE2 3QJ13 Addresses|67 m away
- NE2 3QX, Keyes Gardens, Newcastle Upon Tyne, NE2NE2 3QX26 Addresses|91 m away
- NE2 3AF, La Sagesse, Newcastle Upon Tyne, NE2NE2 3AF48 Addresses|113 m away
- NE2 3QL, Jesmond Dene Road, Newcastle Upon Tyne, NE2NE2 3QL16 Addresses|119 m away
- NE2 3RA, Keyes Gardens, Newcastle Upon Tyne, NE2NE2 3RA20 Addresses|126 m away
Property Types
- 1 early-century house built between 1912 and 1935
- 1 other address of unknown type
- early-century house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Mar 2021£377,500 | 3 Bed House37, Matthew Bank, Newcastle Upon Tyne, NE2 3RD37, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
- Sold Feb 2023£281,000 | 2 Bed House53, Matthew Bank, Newcastle Upon Tyne, NE2 3RD53, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
- Sold Dec 2024£273,000 | 2 Bed House43, Matthew Bank, Newcastle Upon Tyne, NE2 3RD43, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Schools Nearby
- South Gosforth First School400 m away
- West Jesmond Primary School900 m away
- Archbishop Runcie CofE First School1.1 km away
- St Mary's Catholic School1.2 km away
- Jesmond Park Academy1.3 km away
- Gosforth Academy1.9 km away
More reading links
Public Transport Nearby
The closest station to NE2 3QY is Manors station, which is 2.9 kilometres away.
- Manors|2.9 km away
- Newcastle|3.5 km away
- MetroCentre|5.9 km away
- Dunston|5.9 km away
