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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 4LUHouse Prices / North East, Newcastle upon Tyne, Belle Grove West
Last updated May 2026
Key Postcode Insights
NE2 4LU is a residential postcode situated on Belle Grove West, Newcastle Upon Tyne, NE2 with 13 addresses.
It ranks as the 402nd largest and 453rd most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 13 properties: 13 flats.
13
Properties
- Flats
Key Postcode Insights
NE2 4LU is a residential postcode situated on Belle Grove West, Newcastle Upon Tyne, NE2 with 13 addresses.
It ranks as the 402nd largest and 453rd most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 13 properties: 13 flats.
13
Properties
- Flats
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House Pricesin NE2 4LU
Sale prices range from £126,918 for 2 bedroom leasehold flats with a garden (548 ft2) to £178,357 for 3 bedroom leasehold flats with a garden (1,162 ft2) .
Monthly rental prices range from £1,007 pcm for 2 bed flats to £1,169 pcm for 3 bed flats.
The gross rental yield is between 7.9% and 9.5%.
The average value per square foot is £213.
Average Sale Value
£142,460
Average Rental Value
£1,071 pcm
Average Rental Yield
9.0% /year
Average Value Per Sqft
£213 /ft2
Sales Market Trendsin NE2 4LU
The last sale in NE2 4LU sold for £117,000 on 25th October 2024. Since then prices are up an average of 5.5%.
The current average value in the postcode is £142,460.
The NE2 4LU Sales Market has increased by 15.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £142,460 |
| April 2025 | 4.4% | £140,034 |
| April 2024 | -3% | £134,166 |
| April 2023 | 4.3% | £138,270 |
| April 2022 | 4.4% | £132,527 |
| April 2021 | 2.6% | £126,962 |
| April 2020 | 1.7% | £123,724 |
| April 2019 | 0.3% | £121,714 |
| April 2018 | -0.8% | £121,327 |
| April 2017 | -1.3% | £122,252 |
| April 2016 | 3.1% | £123,834 |
| April 2015 | 1.7% | £120,122 |
| April 2014 | 1.8% | £118,065 |
| April 2013 | -0.8% | £115,940 |
| April 2012 | -2.7% | £116,880 |
| April 2011 | -3.3% | £120,093 |
| April 2010 | -0.6% | £124,164 |
| April 2009 | -11.5% | £124,863 |
| April 2008 | -0.4% | £141,131 |
| April 2007 | 0% | £141,751 |
Rental Market Trendsin NE2 4LU
The current average rental value in the postcode is £1,071.
The NE2 4LU Rental Market has increased by 58.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.4% | £1,071pcm |
| April 2025 | 6.8% | £1,026pcm |
| April 2024 | 10.4% | £961pcm |
| April 2023 | 10% | £870pcm |
| April 2022 | 9.5% | £791pcm |
| April 2021 | 3.5% | £723pcm |
| April 2020 | 3.5% | £698pcm |
| April 2019 | 1.9% | £675pcm |
| April 2018 | -1.1% | £662pcm |
| April 2017 | -0.7% | £670pcm |
| April 2016 | 1.2% | £675pcm |
| April 2015 | 1% | £667pcm |
| April 2014 | 0.5% | £660pcm |
| April 2013 | -0.4% | £657pcm |
| April 2012 | -0.1% | £659pcm |
| April 2011 | 2% | £660pcm |
| April 2010 | -0.3% | £647pcm |
| April 2009 | -4.2% | £649pcm |
| April 2008 | -0.2% | £677pcm |
| April 2007 | 0% | £678pcm |
Explore Propertiesin NE2 4LU, Belle Grove West, Newcastle Upon Tyne, NE2
- 32, Belle Grove West, Newcastle Upon Tyne, NE2 4LU2 bed period flat
- 34, Belle Grove West, Newcastle Upon Tyne, NE2 4LU2 bed period flat
- 36, Belle Grove West, Newcastle Upon Tyne, NE2 4LU2 bed period flat
- 38, Belle Grove West, Newcastle Upon Tyne, NE2 4LU2 bed period flat
- 40, Belle Grove West, Newcastle Upon Tyne, NE2 4LU2 bed period flat
- 41, Belle Grove West, Newcastle Upon Tyne, NE2 4LU3 bed period flat
- 42, Belle Grove West, Newcastle Upon Tyne, NE2 4LU2 bed period flat
- 43, Belle Grove West, Newcastle Upon Tyne, NE2 4LU2 bed period flat
- 45, Belle Grove West, Newcastle Upon Tyne, NE2 4LU3 bed period flat
- 47, Belle Grove West, Newcastle Upon Tyne, NE2 4LU2 bed period flat
- 49, Belle Grove West, Newcastle Upon Tyne, NE2 4LU3 bed period flat
- 51, Belle Grove West, Newcastle Upon Tyne, NE2 4LU2 bed period flat
- 53, Belle Grove West, Newcastle Upon Tyne, NE2 4LU3 bed period flat
Sales Historyin NE2 4LU
The last sale was on 25th October 2024 for £117,000 and since then the market in the area has increased by 5.5%. The postcode has had a total of 16 sales since 1995.
NE2 4LU has seen 4 sales in the last three years and no sales in the last twelve months.
Sold Oct 2024£117,000 | 2 Bed FlatBelle Grove West40, Belle Grove West, Newcastle Upon Tyne, NE2 4LU
Sold Sep 2024£140,000 | 2 Bed FlatBelle Grove West32, Belle Grove West, Newcastle Upon Tyne, NE2 4LU
Sold Sep 2023£135,000 | 2 Bed FlatBelle Grove West38, Belle Grove West, Newcastle Upon Tyne, NE2 4LU
Sold Jul 2023£73,000 | 2 Bed FlatBelle Grove West47, Belle Grove West, Newcastle Upon Tyne, NE2 4LU
Sold Dec 2022£295,000 | 3 Bed FlatBelle Grove West49, Belle Grove West, Newcastle Upon Tyne, NE2 4LU
Sold Apr 2022£170,000 | 3 Bed FlatBelle Grove West41, Belle Grove West, Newcastle Upon Tyne, NE2 4LU
Sold Dec 2019£140,000 | 3 Bed FlatBelle Grove West41, Belle Grove West, Newcastle Upon Tyne, NE2 4LU
Sold May 2018£115,000 | 2 Bed FlatBelle Grove West51, Belle Grove West, Newcastle Upon Tyne, NE2 4LU
Sold May 2018£125,000 | 3 Bed FlatBelle Grove West49, Belle Grove West, Newcastle Upon Tyne, NE2 4LU
Sold May 2017£90,000 | 2 Bed FlatBelle Grove West32, Belle Grove West, Newcastle Upon Tyne, NE2 4LU
Sold Dec 2002£97,500 | 3 Bed FlatBelle Grove West45, Belle Grove West, Newcastle Upon Tyne, NE2 4LU
Sold Aug 2001£47,000 | 2 Bed FlatBelle Grove West42, Belle Grove West, Newcastle Upon Tyne, NE2 4LU
Sold Aug 2001£47,000 | 2 Bed FlatBelle Grove West36, Belle Grove West, Newcastle Upon Tyne, NE2 4LU
Sold May 2000£71,000 | 3 Bed FlatBelle Grove West41, Belle Grove West, Newcastle Upon Tyne, NE2 4LU
Sold Dec 1999£50,000 | 2 Bed FlatBelle Grove West43, Belle Grove West, Newcastle Upon Tyne, NE2 4LU
Sold Jul 1999£25,000 | 3 Bed FlatBelle Grove West53, Belle Grove West, Newcastle Upon Tyne, NE2 4LU
Nearby Postcodesto NE2 4LU
NE2 4LU is the 402nd largest and the 453rd most expensive postcode out of the 1,193 postcodes in the NE2 area.
- 50 mNE2 4LS, Chippendale Place, Newcastle Upon Tyne, NE2NE2 4LS8 Addresses
- 52 mNE2 4LQ, Ancrum Street, Newcastle Upon Tyne, NE2NE2 4LQ16 Addresses
- 57 mNE2 4NH, New Villas, Spital Tongues, Newcastle Upon Tyne, NE2NE2 4NH2 Addresses
- 70 mNE2 4LR, Ancrum Street, Newcastle Upon Tyne, NE2NE2 4LR40 Addresses
- 84 mNE2 4HL, Dunns Terrace, Newcastle Upon Tyne, NE2NE2 4HL3 Addresses
- 91 mNE2 4LP, Ancrum Street, Newcastle Upon Tyne, NE2NE2 4LP18 Addresses
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Property Typesin NE2 4LU
- 13 period flats built between 1800 and 1911
- period flat (13)
Energy Efficiencyof properties in NE2 4LU
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The dominant rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (9)
- G (0)
- D (3)
- No EPC (0)
Top 3 Most Expensive Saleson Belle Grove West
- Sold Dec 2022£295,000 | 3 Bed FlatBelle Grove West49, Belle Grove West, Newcastle Upon Tyne, NE2 4LU
- Sold Jun 2021£285,000 | 4 Bed HouseBelle Grove West11, Belle Grove West, Newcastle Upon Tyne, NE2 4LT
- Sold Jun 2023£272,000 | 4 Bed HouseBelle Grove West10, Belle Grove West, Newcastle Upon Tyne, NE2 4LT
Schools Nearbyto NE2 4LU
The nearest primary school to NE2 4LU is Moorside Primary School which is 773 metres away.
- 773mMoorside Primary School
- 1.1kmWestgate Hill Primary Academy
- 1.3kmWingrove Primary School
The nearest secondary school is Sacred Heart Catholic High School which is 1.8 kilometres away.
- 1.8kmSacred Heart Catholic High School
- 2.1kmNorth East Futures UTC
- 2.8kmKenton School
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Public Transport Nearbyto NE2 4LU
The closest station to NE2 4LU is Newcastle station which is 1.9 kilometres away.
- 1.9kmNewcastle
- 2.0kmManors
- 3.5kmMetroCentre
- 3.8kmDunston
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