NE2 4AF is a residential postcode situated on North Terrace, Newcastle Upon Tyne, NE2 with 16 addresses.
It ranks as the 471st largest and 751st most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 16 properties: 16 flats.
NE2 4AF is a residential postcode situated on North Terrace, Newcastle Upon Tyne, NE2 with 16 addresses.
It ranks as the 471st largest and 751st most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 16 properties: 16 flats.
Sale prices range from £164,758 for 2 bedroom leasehold flats (484 ft2) to £270,937 for 3 bedroom leasehold flats (1,345 ft2) .
Monthly rental prices range from £1,132 pcm for 2 bed flats to £1,433 pcm for 3 bed flats.
The gross rental yield is between 6.3% and 8.2%.
The average value per square foot is £297.
The last sale in NE2 4AF sold for £193,000 on 31st March 2025. Since then prices are up an average of 4.0%.
The current average value in the postcode is £206,806.
The NE2 4AF Sales Market has increased by 11.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.2% | £206,806 |
| April 2025 | 4.5% | £206,332 |
| April 2024 | -3% | £197,398 |
| April 2023 | 4% | £203,580 |
| April 2022 | 3.2% | £195,657 |
| April 2021 | 2.3% | £189,627 |
| April 2020 | 2.2% | £185,364 |
| April 2019 | -0.8% | £181,287 |
| April 2018 | -0.5% | £182,738 |
| April 2017 | -1.4% | £183,727 |
| April 2016 | 3.4% | £186,304 |
| April 2015 | 2.7% | £180,257 |
| April 2014 | 1.8% | £175,602 |
| April 2013 | -0.5% | £172,572 |
| April 2012 | -2.4% | £173,391 |
| April 2011 | -2.5% | £177,647 |
| April 2010 | 0.7% | £182,259 |
| April 2009 | -11.2% | £180,994 |
| April 2008 | -0.5% | £203,881 |
| April 2007 | 0% | £204,916 |
The current average rental value in the postcode is £1,301.
The NE2 4AF Rental Market has increased by 54.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £1,301pcm |
| April 2025 | 7.1% | £1,264pcm |
| April 2024 | 11.4% | £1,180pcm |
| April 2023 | 9.2% | £1,060pcm |
| April 2022 | 7.8% | £970pcm |
| April 2021 | 3.4% | £900pcm |
| April 2020 | 4.4% | £870pcm |
| April 2019 | 1.1% | £834pcm |
| April 2018 | -1.2% | £825pcm |
| April 2017 | -0.6% | £835pcm |
| April 2016 | 1.7% | £841pcm |
| April 2015 | 2.2% | £827pcm |
| April 2014 | 0.9% | £809pcm |
| April 2013 | -0.6% | £802pcm |
| April 2012 | 0.6% | £807pcm |
| April 2011 | 3.7% | £802pcm |
| April 2010 | 0.8% | £773pcm |
| April 2009 | -4.1% | £767pcm |
| April 2008 | -1.1% | £800pcm |
| April 2007 | 0% | £809pcm |
The last sale was on 31st March 2025 for £193,000 and since then the market in the area has increased by 4.0%. The postcode has had a total of 7 sales since 1995.
NE2 4AF has seen 1 sale in the last three years and no sales in the last twelve months.
NE2 4AF is the 471st largest and the 751st most expensive postcode out of the 1,193 postcodes in the NE2 area.
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The closest station to NE2 4AF is Manors station which is 1.6 kilometres away.
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