NE2 4PA is a residential postcode situated on Hunters Road, Spital Tongues, Newcastle Upon Tyne, NE2 with 29 addresses.
It ranks as the 777th largest and 106th most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 29 properties: 29 flats.
NE2 4PA is a residential postcode situated on Hunters Road, Spital Tongues, Newcastle Upon Tyne, NE2 with 29 addresses.
It ranks as the 777th largest and 106th most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 29 properties: 29 flats.
Sale prices range from £79,831 for 2 bedroom leasehold flats (409 ft2) to £95,964 for 2 bedroom leasehold flats (635 ft2) .
Monthly rental prices range from £670 pcm for 2 bed flats to £783 pcm for 2 bed flats.
The gross rental yield is between 9.8% and 10.1%.
The average value per square foot is £182.
The last sale in NE2 4PA sold for £85,000 on 23rd May 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £84,876.
The NE2 4PA Sales Market has increased by 11.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.6% | £84,876 |
| April 2025 | 4.6% | £84,358 |
| April 2024 | -2.7% | £80,644 |
| April 2023 | 3.5% | £82,924 |
| April 2022 | 3.9% | £80,124 |
| April 2021 | 2.1% | £77,152 |
| April 2020 | 1.8% | £75,542 |
| April 2019 | -0.4% | £74,188 |
| April 2018 | -0.9% | £74,524 |
| April 2017 | -1.4% | £75,193 |
| April 2016 | 2.8% | £76,283 |
| April 2015 | 1.9% | £74,194 |
| April 2014 | 1.8% | £72,783 |
| April 2013 | -0.8% | £71,473 |
| April 2012 | -2.7% | £72,053 |
| April 2011 | -3.3% | £74,033 |
| April 2010 | -0.6% | £76,543 |
| April 2009 | -11.5% | £76,973 |
| April 2008 | -0.4% | £87,002 |
| April 2007 | 0% | £87,384 |
The current average rental value in the postcode is £711.
The NE2 4PA Rental Market has increased by 53.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.2% | £711pcm |
| April 2025 | 7% | £689pcm |
| April 2024 | 10.6% | £644pcm |
| April 2023 | 9.2% | £582pcm |
| April 2022 | 8.9% | £533pcm |
| April 2021 | 3% | £490pcm |
| April 2020 | 3.7% | £475pcm |
| April 2019 | 1.1% | £459pcm |
| April 2018 | -1.3% | £453pcm |
| April 2017 | -0.9% | £459pcm |
| April 2016 | 0.9% | £463pcm |
| April 2015 | 1.2% | £459pcm |
| April 2014 | 0.5% | £454pcm |
| April 2013 | -0.4% | £451pcm |
| April 2012 | -0.1% | £453pcm |
| April 2011 | 2% | £453pcm |
| April 2010 | -0.3% | £445pcm |
| April 2009 | -4.2% | £446pcm |
| April 2008 | -0.2% | £465pcm |
| April 2007 | 0% | £466pcm |
The last sale was on 23rd May 2025 for £85,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 4 sales since 1995.
NE2 4PA has seen 1 sale in the last three years and no sales in the last twelve months.
NE2 4PA is the 777th largest and the 106th most expensive postcode out of the 1,193 postcodes in the NE2 area.
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The closest station to NE2 4PA is Newcastle station which is 2.0 kilometres away.
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