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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE2 3RDHouse Prices / North East, Newcastle upon Tyne, Matthew Bank
Last updated May 2026
Key Postcode Insights
NE2 3RD is a residential postcode situated on Matthew Bank, Jesmond, Newcastle Upon Tyne, NE2 with 12 addresses.
It ranks as the 362nd largest and 972nd most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 12 properties: 12 houses.
12
Properties
- Houses
Key Postcode Insights
NE2 3RD is a residential postcode situated on Matthew Bank, Jesmond, Newcastle Upon Tyne, NE2 with 12 addresses.
It ranks as the 362nd largest and 972nd most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 12 properties: 12 houses.
12
Properties
- Houses
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House Pricesin NE2 3RD
Sale prices range from £201,930 for 3 bedroom freehold houses with a garden (1,240 ft2) to £629,789 for 4 bedroom freehold houses with a garden (1,447 ft2) .
Monthly rental prices range from £1,430 pcm for 3 bed houses to £2,169 pcm for 4 bed houses.
The gross rental yield is between 4.1% and 8.5%.
The average value per square foot is £345.
Average Sale Value
£332,153
Average Rental Value
£1,813 pcm
Average Rental Yield
6.5% /year
Average Value Per Sqft
£345 /ft2
Sales Market Trendsin NE2 3RD
The last sale in NE2 3RD sold for £273,000 on 13th December 2024. Since then prices are up an average of 3.2%.
The current average value in the postcode is £332,153.
The NE2 3RD Sales Market has increased by 29.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.8% | £332,153 |
| April 2025 | 4.9% | £329,581 |
| April 2024 | -0.7% | £314,215 |
| April 2023 | 6.9% | £316,430 |
| April 2022 | 3.8% | £295,954 |
| April 2021 | 4.7% | £284,992 |
| April 2020 | 2.6% | £272,308 |
| April 2019 | 0.8% | £265,404 |
| April 2018 | 1.6% | £263,184 |
| April 2017 | 0.7% | £258,966 |
| April 2016 | 5.2% | £257,144 |
| April 2015 | 5.1% | £244,419 |
| April 2014 | 2.8% | £232,553 |
| April 2013 | 3.8% | £226,326 |
| April 2012 | -1.7% | £218,123 |
| April 2011 | -0.6% | £221,898 |
| April 2010 | 4.9% | £223,284 |
| April 2009 | -9.3% | £212,893 |
| April 2008 | 0.5% | £234,759 |
| April 2007 | 0% | £233,594 |
Rental Market Trendsin NE2 3RD
The current average rental value in the postcode is £1,813.
The NE2 3RD Rental Market has increased by 69.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £1,813pcm |
| April 2025 | 7.2% | £1,752pcm |
| April 2024 | 9% | £1,635pcm |
| April 2023 | 12.3% | £1,500pcm |
| April 2022 | 10.3% | £1,336pcm |
| April 2021 | 4.8% | £1,211pcm |
| April 2020 | 3.2% | £1,156pcm |
| April 2019 | 2.3% | £1,120pcm |
| April 2018 | 1.2% | £1,095pcm |
| April 2017 | 1.3% | £1,082pcm |
| April 2016 | 2.7% | £1,068pcm |
| April 2015 | 3.2% | £1,040pcm |
| April 2014 | 2.1% | £1,008pcm |
| April 2013 | 2.8% | £987pcm |
| April 2012 | 1.1% | £960pcm |
| April 2011 | 3% | £949pcm |
| April 2010 | 4.1% | £922pcm |
| April 2009 | -3.1% | £885pcm |
| April 2008 | 1% | £913pcm |
| April 2007 | 0% | £904pcm |
Explore Propertiesin NE2 3RD, Matthew Bank, Jesmond, Newcastle Upon Tyne, NE2
- 35, Matthew Bank, Newcastle Upon Tyne, NE2 3RD4 bed house
- 37, Matthew Bank, Newcastle Upon Tyne, NE2 3RD3 bed early-century house
- 39, Matthew Bank, Newcastle Upon Tyne, NE2 3RD2 bed early-century house
- 41, Matthew Bank, Newcastle Upon Tyne, NE2 3RD2 bed early-century house
- 43, Matthew Bank, Newcastle Upon Tyne, NE2 3RD2 bed early-century house
- 45, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
- 47, Matthew Bank, Newcastle Upon Tyne, NE2 3RD3 bed house
- 49, Matthew Bank, Newcastle Upon Tyne, NE2 3RD2 bed early-century house
- 51, Matthew Bank, Newcastle Upon Tyne, NE2 3RD2 bed early-century house
- 53, Matthew Bank, Newcastle Upon Tyne, NE2 3RD2 bed early-century house
- 55, Matthew Bank, Newcastle Upon Tyne, NE2 3RD3 bed early-century house
- 57, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sales Historyin NE2 3RD
The last sale was on 13th December 2024 for £273,000 and since then the market in the area has increased by 3.2%. The postcode has had a total of 26 sales since 1995.
NE2 3RD has seen 2 sales in the last three years and no sales in the last twelve months.
Sold Dec 2024£273,000 | 2 Bed HouseMatthew Bank43, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Feb 2023£281,000 | 2 Bed HouseMatthew Bank53, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Mar 2021£377,500 | 3 Bed HouseMatthew Bank37, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Feb 2020£234,600 | 2 Bed HouseMatthew Bank41, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Dec 2019£250,000 | 2 Bed HouseMatthew Bank43, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold May 2018£230,000 | 2 Bed HouseMatthew Bank43, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Feb 2018£200,000 | 2 Bed HouseMatthew Bank53, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Sep 2017£207,000 | 2 Bed HouseMatthew Bank51, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Sep 2017£199,250 | 2 Bed HouseMatthew Bank39, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Jul 2015£195,000 | 2 Bed HouseMatthew Bank43, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Mar 2015£179,900 | 2 Bed HouseMatthew Bank51, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Nov 2012£228,000 | 3 Bed HouseMatthew Bank37, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Jul 2012£203,000 | 2 Bed HouseMatthew Bank43, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Jan 2012£249,950 | 4 Bed HouseMatthew Bank35, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Aug 2011£175,000 | 3 Bed HouseMatthew Bank47, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Jun 2011£177,500 | 2 Bed HouseMatthew Bank41, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Nov 2009£170,000 | 3 Bed HouseMatthew Bank47, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Mar 2007£200,000 | 2 Bed HouseMatthew Bank51, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Mar 2007£210,000 | 2 Bed HouseMatthew Bank53, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold May 2006£145,000 | 2 Bed HouseMatthew Bank53, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold May 2004£195,000 | 2 Bed HouseMatthew Bank41, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold May 2002£110,000 | 2 Bed HouseMatthew Bank43, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Nov 2000£69,000 | 3 Bed HouseMatthew Bank45, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Dec 1999£66,000 | 3 Bed HouseMatthew Bank47, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Sep 1997£82,500 | 3 Bed HouseMatthew Bank37, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Sold Jun 1995£59,000 | 2 Bed HouseMatthew Bank39, Matthew Bank, Newcastle Upon Tyne, NE2 3RD
Nearby Postcodesto NE2 3RD
NE2 3RD is the 362nd largest and the 972nd most expensive postcode out of the 1,193 postcodes in the NE2 area.
- 31 mNE2 3RB, Willowbank Gardens, Newcastle Upon Tyne, NE2NE2 3RB2 Addresses
- 41 mNE2 3RE, Matthew Bank, Jesmond, Newcastle Upon Tyne, NE2NE2 3RE2 Addresses
- 91 mNE2 3QS, Beatty Avenue, Newcastle Upon Tyne, NE2NE2 3QS21 Addresses
- 101 mNE2 3QR, Hillcrest Gardens, Newcastle Upon Tyne, NE2NE2 3QR4 Addresses
- 153 mNE2 3RA, Keyes Gardens, Newcastle Upon Tyne, NE2NE2 3RA20 Addresses
- 163 mNE2 3QT, Sturdee Gardens, Newcastle Upon Tyne, NE2NE2 3QT27 Addresses
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Property Typesin NE2 3RD
- 2 houses of an unknown age
- 8 early-century houses built between 1912 and 1935
- 2 other addresses of unknown type
- house (2)
- early-century house (8)
- Unknown (2)
Energy Efficiencyof properties in NE2 3RD
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The dominant rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (3)
- G (0)
- D (3)
- No EPC (4)
Top 3 Most Expensive Saleson Matthew Bank
Schools Nearbyto NE2 3RD
The nearest primary school to NE2 3RD is South Gosforth First School which is 196 metres away.
- 196mSouth Gosforth First School
- 897mArchbishop Runcie CofE First School
- 1.2kmWest Jesmond Primary School
The nearest secondary school is St Mary's Catholic School which is 994 metres away.
- 994mSt Mary's Catholic School
- 1.4kmJesmond Park Academy
- 1.7kmGosforth Academy
More reading links
Public Transport Nearbyto NE2 3RD
The closest station to NE2 3RD is Manors station which is 3.2 kilometres away.
- 3.2kmManors
- 3.8kmNewcastle
- 6.1kmMetroCentre
- 6.1kmDunston
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