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Registered Address: 2 Leman St, London E1 8FA
NE2 4RLHouse Prices / North East, Newcastle upon Tyne, Eslington Terrace
Last updated May 2026
Key Postcode Insights
NE2 4RL is a residential postcode situated on Eslington Terrace, Newcastle Upon Tyne, NE2 with 77 addresses.
It ranks as the 1157th largest and 516th 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 77 properties: 77 flats.
77
Properties
- Flats
Key Postcode Insights
NE2 4RL is a residential postcode situated on Eslington Terrace, Newcastle Upon Tyne, NE2 with 77 addresses.
It ranks as the 1157th largest and 516th 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 77 properties: 77 flats.
77
Properties
- Flats
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House Pricesin NE2 4RL
Sale prices range from £125,006 for 1 bedroom leasehold flats (301 ft2) to £304,958 for 4 bedroom leasehold flats (1,808 ft2) .
Monthly rental prices range from £861 pcm for 1 bed flats to £1,655 pcm for 4 bed flats.
The gross rental yield is between 6.4% and 8.5%.
The average value per square foot is £345.
Average Sale Value
£174,404
Average Rental Value
£1,147 pcm
Average Rental Yield
7.9% /year
Average Value Per Sqft
£345 /ft2
Sales Market Trendsin NE2 4RL
The last sale in NE2 4RL sold for £142,500 on 21st July 2023. Since then prices are up an average of 1.5%.
The current average value in the postcode is £174,404.
The NE2 4RL Sales Market has increased by 13.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.3% | £174,404 |
| April 2025 | 4.5% | £173,922 |
| April 2024 | -3.4% | £166,388 |
| April 2023 | 5.2% | £172,308 |
| April 2022 | 3.2% | £163,814 |
| April 2021 | 2.7% | £158,681 |
| April 2020 | 2.7% | £154,503 |
| April 2019 | -0.5% | £150,502 |
| April 2018 | 0% | £151,222 |
| April 2017 | -1.3% | £151,273 |
| April 2016 | 4.1% | £153,343 |
| April 2015 | 3.2% | £147,363 |
| April 2014 | 1.7% | £142,837 |
| April 2013 | 0.6% | £140,473 |
| April 2012 | -2.3% | £139,624 |
| April 2011 | -2.2% | £142,839 |
| April 2010 | 2.8% | £146,078 |
| April 2009 | -10.9% | £142,076 |
| April 2008 | -0.2% | £159,514 |
| April 2007 | 0% | £159,857 |
Rental Market Trendsin NE2 4RL
The current average rental value in the postcode is £1,147.
The NE2 4RL Rental Market has increased by 60.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £1,147pcm |
| April 2025 | 7.5% | £1,112pcm |
| April 2024 | 12.2% | £1,035pcm |
| April 2023 | 9.7% | £923pcm |
| April 2022 | 7% | £841pcm |
| April 2021 | 4.2% | £786pcm |
| April 2020 | 5% | £754pcm |
| April 2019 | 1.8% | £718pcm |
| April 2018 | -1.1% | £706pcm |
| April 2017 | -0.5% | £713pcm |
| April 2016 | 2.8% | £717pcm |
| April 2015 | 3.1% | £697pcm |
| April 2014 | 1.4% | £676pcm |
| April 2013 | -0.5% | £667pcm |
| April 2012 | 1.5% | £671pcm |
| April 2011 | 5.4% | £660pcm |
| April 2010 | 2.6% | £626pcm |
| April 2009 | -4.3% | £611pcm |
| April 2008 | -2.4% | £638pcm |
| April 2007 | 0% | £654pcm |
Properties and Buildingsin NE2 4RL, Eslington Terrace, Newcastle Upon Tyne, NE2
- Pilgrims Court, Eslington Terrace, Newcastle Upon Tyne, NE2 Modern building41 units
- Rear Of 14, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
- 16, Eslington Terrace, Newcastle Upon Tyne, NE2 Period building6 units
- 18, Eslington Terrace, Newcastle Upon Tyne, NE2Building3 units
- 19, Eslington Terrace, Newcastle Upon Tyne, NE2 Period building3 units
- 20, Eslington Terrace, Newcastle Upon Tyne, NE2 Period building3 units
- 21, Eslington Terrace, Newcastle Upon Tyne, NE2Building3 units
- 22, Eslington Terrace, Newcastle Upon Tyne, NE2Building6 units
- 25, Eslington Terrace, Newcastle Upon Tyne, NE2 Period building4 units
- 26, Eslington Terrace, Newcastle Upon Tyne, NE2 Modern building4 units
- 27, Eslington Terrace, Newcastle Upon Tyne, NE2 Period building3 units
Sales Historyin NE2 4RL
The last sale was on 21st July 2023 for £142,500 and since then the market in the area has increased by 1.5%. The postcode has had a total of 24 sales since 1995.
NE2 4RL has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Jul 2023£142,500 | 2 Bed Flat25, Eslington TerraceFlat 4, 25, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold May 2022£280,000 | 3 Bed Flat25, Eslington TerraceFlat 1, 25, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold Jun 2021£165,000 | 3 Bed Flat25, Eslington TerraceFlat 3, 25, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold Oct 2020£215,000 | 3 Bed FlatEslington Terrace21B , Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold Sep 2016£255,000 | 3 Bed Flat25, Eslington TerraceFlat 1, 25, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold Mar 2012£177,000 | 3 Bed Flat25, Eslington TerraceFlat 1, 25, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold Jul 2009£249,000 | 4 Bed Flat18, Eslington TerraceFlat 3, 18, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold Nov 2008£179,500 | 3 Bed Flat27, Eslington TerraceFlat 2, 27, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold Nov 2006£117,500 | 2 Bed Flat25, Eslington TerraceFlat 4, 25, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold Oct 2005£225,000 | 3 Bed FlatEslington Terrace21C , Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold Feb 2003£195,000 | 3 Bed Flat18, Eslington TerraceFlat 2, 18, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold Jan 2002£110,000 | 3 Bed Flat27, Eslington TerraceFlat 2, 27, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold Feb 2000£110,000 | 3 Bed Flat25, Eslington TerraceFlat 2, 25, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold Jan 2000£112,000 | 3 Bed FlatEslington Terrace21A , Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold Aug 1999£110,000 | 3 Bed Flat18, Eslington TerraceFlat 2, 18, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold Nov 1998£44,000 | 2 Bed Flat25, Eslington TerraceFlat 4, 25, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold Aug 1997£36,000 | 2 Bed Flat25, Eslington TerraceFlat 4, 25, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold Mar 1997£77,000 | 3 Bed Flat18, Eslington TerraceFlat 2, 18, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold May 1996£69,000 | 4 Bed Flat18, Eslington TerraceFlat 3, 18, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold Mar 1996£90,000 | 3 Bed FlatEslington Terrace21A , Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold Oct 1995£59,950 | 3 Bed Flat27, Eslington TerraceFlat 2, 27, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold May 1995£70,000 | 3 Bed FlatEslington Terrace21B , Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold Apr 1995£68,000 | 3 Bed FlatEslington Terrace21C , Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Sold Mar 1995£75,000 | 3 Bed FlatEslington Terrace21A , Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Nearby Postcodesto NE2 4RL
NE2 4RL is the 1157th largest and the 516th most expensive postcode out of the 1,193 postcodes in the NE2 area.
- 62 mNE2 4DQ, Eskdale Terrace, Newcastle Upon Tyne, NE2NE2 4DQ10 Addresses
- 65 mNE2 4RQ, Clayton Road, Newcastle Upon Tyne, NE2NE2 4RQ21 Addresses
- 96 mNE2 2AZ, Osborne Road, Newcastle Upon Tyne, NE2NE2 2AZ20 Addresses
- 96 mNE2 2BG, Osborne Road, Newcastle Upon Tyne, NE2NE2 2BG19 Addresses
- 101 mNE2 3AL, Kingsland, Newcastle Upon Tyne, NE2NE2 3AL18 Addresses
- 102 mNE2 4DN, Eskdale Terrace, Newcastle Upon Tyne, NE2NE2 4DN71 Addresses
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Property Typesin NE2 4RL
- 31 period flats built between 1800 and 1911
- 45 modern flats built after 1980
- 1 other address of unknown type
- period flat (31)
- modern flat (45)
- Unknown (1)
Energy Efficiencyof properties in NE2 4RL
- Energy Performance Certificate (EPC) surveys conducted for 62 properties.
- The dominant rating is C.
- A (0)
- E (5)
- B (1)
- F (0)
- C (47)
- G (0)
- D (9)
- No EPC (15)
Top 3 Most Expensive Saleson Eslington Terrace
- Sold Jul 2024£790,000 | 6 Bed HouseEslington Terrace34, Eslington Terrace, Newcastle Upon Tyne, NE2 4RN
- Sold Mar 2021£727,000 | 5 Bed HouseEslington Terrace32, Eslington Terrace, Newcastle Upon Tyne, NE2 4RN
- Sold Dec 2021£710,000 | 6 Bed HouseEslington Terrace37, Eslington Terrace, Newcastle Upon Tyne, NE2 4RN
Schools Nearbyto NE2 4RL
The nearest primary school to NE2 4RL is West Jesmond Primary School which is 646 metres away.
- 646mWest Jesmond Primary School
- 775mSt Catherine's Catholic Primary School
- 1.2kmChrist Church CofE Primary School
The nearest secondary school is Jesmond Park Academy which is 1.5 kilometres away.
- 1.5kmJesmond Park Academy
- 2.2kmNorth East Futures UTC
- 2.5kmSt Mary's Catholic School
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Public Transport Nearbyto NE2 4RL
The closest station to NE2 4RL is Manors station which is 1.4 kilometres away.
- 1.4kmManors
- 2.0kmNewcastle
- 4.5kmDunston
- 4.8kmMetroCentre
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