Eslington Terrace - NE2 4RL
Key Postcode Insights
NE2 4RL is a residential postcode situated on Eslington Terrace, Newcastle Upon Tyne, NE2 with 90 addresses.
It ranks as the 778th largest and 332nd most expensive of the 804 postcodes in the NE2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 90 properties: 90 flats.
- Ave. Sale Price
- £212,520
- 10 Year change
- up 5.0%
- Ave. Rental Price
- £1,037pcm
- 10 Year change
- up 48.0%
- Ave. £ per ft²
- £377/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
NE2 4RL is a residential postcode situated on Eslington Terrace, Newcastle Upon Tyne, NE2 with 90 addresses.
It ranks as the 778th largest and 332nd most expensive of the 804 postcodes in the NE2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 90 properties: 90 flats.
- Ave. Sale Price
- £212,520
- 10 Year change
- up 5.0%
- Ave. Rental Price
- £1,037pcm
- 10 Year change
- up 48.0%
- Ave. £ per ft²
- £377/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin NE2 4RL
- Pilgrims Court
Modern Building | 41 Units
- 14 Eslington Terrace
Building  |  4 Flats
- 15 Eslington Terrace
Building  |  3 Flats
- 16 Eslington Terrace
Period Building | 6 Units
- Flat 2, 17 Eslington Terrace
3 Bed Period Flat
Sales Market Trends
The last sale in NE2 4RL sold for £345,000 on 24th October 2025. Since then prices are up an average of 2.3%.
The current average value in the postcode is £212,520.
The NE2 4RL Sales Market has increased by 5.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £212,520 |
| June 2025 | 6% | £212,268 |
| June 2024 | -3.7% | £200,318 |
| June 2023 | -0.1% | £208,054 |
| June 2022 | 4.7% | £208,185 |
| June 2021 | -0.8% | £198,769 |
| June 2020 | 2.5% | £200,367 |
| June 2019 | -0.5% | £195,559 |
| June 2018 | -1.6% | £196,569 |
| June 2017 | -1.3% | £199,796 |
| June 2016 | 4% | £202,376 |
| June 2015 | 5.3% | £194,570 |
| June 2014 | 0.6% | £184,785 |
| June 2013 | 1.4% | £183,688 |
| June 2012 | -2.9% | £181,082 |
| June 2011 | -2.1% | £186,571 |
| June 2010 | 2% | £190,595 |
| June 2009 | -10.3% | £186,903 |
| June 2008 | -5% | £208,416 |
| June 2007 | 0% | £219,349 |
Rental Market Trends
The current average rental value in the postcode is £1,037.
The NE2 4RL Rental Market has increased by 48.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,037pcm |
| June 2025 | 4.3% | £1,003pcm |
| June 2024 | 10.2% | £961pcm |
| June 2023 | 10.8% | £872pcm |
| June 2022 | 7.7% | £787pcm |
| June 2021 | 2.9% | £731pcm |
| June 2020 | 2.4% | £710pcm |
| June 2019 | -0.1% | £694pcm |
| June 2018 | -0.8% | £694pcm |
| June 2017 | -0.2% | £700pcm |
| June 2016 | 2.1% | £701pcm |
| June 2015 | 2.3% | £686pcm |
| June 2014 | 1.8% | £671pcm |
| June 2013 | 0.3% | £659pcm |
| June 2012 | 1.3% | £657pcm |
| June 2011 | 3.4% | £648pcm |
| June 2010 | 1.7% | £627pcm |
| June 2009 | -4.5% | £617pcm |
| June 2008 | -1.6% | £646pcm |
| June 2007 | 0% | £656pcm |
Sales History
The last sale was on 24th October 2025 for £345,000 and since then the market in the area has increased by 2.3%. The postcode has had a total of 38 sales since 1995.
NE2 4RL has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£345,000 | 3 Bed FlatFlat 1, 15, Eslington Terrace, Newcastle Upon Tyne, NE2 4RLFlat 1, 15, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
- Sold Sep 2023£300,000 | 3 Bed FlatFlat 3, 15, Eslington Terrace, Newcastle Upon Tyne, NE2 4RLFlat 3, 15, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
- Sold Jul 2023£300,000 | 3 Bed FlatFlat 3, 28, Eslington Terrace, Newcastle Upon Tyne, NE2 4RLFlat 3, 28, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
- Sold Jul 2023£142,500 | 2 Bed FlatFlat 4, 25, Eslington Terrace, Newcastle Upon Tyne, NE2 4RLFlat 4, 25, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
- Sold May 2022£280,000 | 3 Bed FlatFlat 1, 25, Eslington Terrace, Newcastle Upon Tyne, NE2 4RLFlat 1, 25, Eslington Terrace, Newcastle Upon Tyne, NE2 4RL
Nearby Postcodes
NE2 4RL is the 778th largest and the 332nd most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 4DQ, Eskdale Terrace, Newcastle Upon Tyne, NE2NE2 4DQ10 Addresses|58 m away
- NE2 4RQ, Clayton Road, Newcastle Upon Tyne, NE2NE2 4RQ21 Addresses|83 m away
- NE2 4DN, Eskdale Terrace, Newcastle Upon Tyne, NE2NE2 4DN71 Addresses|93 m away
- NE2 2AZ, Osborne Road, Newcastle Upon Tyne, NE2NE2 2AZ20 Addresses|97 m away
- NE2 2BG, Osborne Road, Newcastle Upon Tyne, NE2NE2 2BG19 Addresses|97 m away
Property Types
- 45 period flats built between 1800 and 1911
- 45 modern flats built after 1980
- period flat (45)
- modern flat (45)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 80 properties.
- The most common rating is C.
- A (0)
- E (10)
- B (1)
- F (0)
- C (55)
- G (0)
- D (14)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Jul 2024£790,000 | 6 Bed House34, Eslington Terrace, Newcastle Upon Tyne, NE2 4RN34, Eslington Terrace, Newcastle Upon Tyne, NE2 4RN
- Sold Mar 2021£727,000 | 5 Bed House32, Eslington Terrace, Newcastle Upon Tyne, NE2 4RN32, Eslington Terrace, Newcastle Upon Tyne, NE2 4RN
- Sold Dec 2021£710,000 | 5 Bed House37, Eslington Terrace, Newcastle Upon Tyne, NE2 4RN37, Eslington Terrace, Newcastle Upon Tyne, NE2 4RN
Schools Nearby
- West Jesmond Primary School600 m away
- St Catherine's Catholic Primary School800 m away
- Christ Church CofE Primary School1.2 km away
- Jesmond Park Academy1.5 km away
- North East Futures UTC2.2 km away
- St Mary's Catholic School2.5 km away
More reading links
Public Transport Nearby
The closest station to NE2 4RL is Manors station, which is 1.4 kilometres away.
- Manors|1.4 km away
- Newcastle|2.0 km away
- Dunston|4.5 km away
- MetroCentre|4.8 km away