NE27 0FX is a residential postcode situated on Backworth Lane, Backworth, Newcastle Upon Tyne, NE27 with 7 addresses.
It ranks as the 166th largest and 390th most expensive of the 941 postcodes in the NE27 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 7 properties: 7 flats.
NE27 0FX is a residential postcode situated on Backworth Lane, Backworth, Newcastle Upon Tyne, NE27 with 7 addresses.
It ranks as the 166th largest and 390th most expensive of the 941 postcodes in the NE27 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 7 properties: 7 flats.
Sale prices range from £190,868 for 3 bedroom leasehold flats (807 ft2) to £257,993 for 3 bedroom leasehold flats (1,474 ft2) .
Monthly rental prices range from £1,069 pcm for 3 bed flats to £1,427 pcm for 3 bed flats.
The gross rental yield is between 6.6% and 6.7%.
The average value per square foot is £192.
The last sale in NE27 0FX sold for £244,000 on 6th September 2022. Since then prices are up an average of 8.0%.
The current average value in the postcode is £230,002.
The NE27 0FX Sales Market has increased by 27.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1% | £230,002 |
| April 2025 | 3.3% | £227,661 |
| April 2024 | 4% | £220,346 |
| April 2023 | 3.5% | £211,889 |
| April 2022 | 7.1% | £204,724 |
| April 2021 | 4.1% | £191,171 |
| April 2020 | -0.3% | £183,713 |
| April 2019 | -0.1% | £184,257 |
| April 2018 | 1.6% | £184,368 |
| April 2017 | 0.4% | £181,489 |
| April 2016 | 3.2% | £180,729 |
| April 2015 | 2.3% | £175,078 |
| April 2014 | 2.8% | £171,080 |
| April 2013 | -0.7% | £166,392 |
| April 2012 | -2.1% | £167,638 |
| April 2011 | 1.2% | £171,163 |
| April 2010 | 0.9% | £169,188 |
| April 2009 | -10.5% | £167,739 |
| April 2008 | -0.5% | £187,399 |
| April 2007 | 0% | £188,352 |
The current average rental value in the postcode is £1,274.
The NE27 0FX Rental Market has increased by 36.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.2% | £1,274pcm |
| April 2025 | 5.8% | £1,247pcm |
| April 2024 | 9.1% | £1,178pcm |
| April 2023 | 5.9% | £1,080pcm |
| April 2022 | 6.6% | £1,020pcm |
| April 2021 | 3.9% | £957pcm |
| April 2020 | 1.3% | £921pcm |
| April 2019 | -0.3% | £909pcm |
| April 2018 | -1.9% | £912pcm |
| April 2017 | -0.2% | £930pcm |
| April 2016 | 1.8% | £931pcm |
| April 2015 | 0.4% | £915pcm |
| April 2014 | 0% | £911pcm |
| April 2013 | -0.8% | £911pcm |
| April 2012 | 0.5% | £919pcm |
| April 2011 | 0.3% | £914pcm |
| April 2010 | 0.1% | £912pcm |
| April 2009 | -4.1% | £911pcm |
| April 2008 | 1.1% | £950pcm |
| April 2007 | 0% | £939pcm |
The last sale was on 6th September 2022 for £244,000 and since then the market in the area has increased by 8.0%. The postcode has had a total of 10 sales since 1995.
NE27 0FX has seen no sales in the last three years and no sales in the last twelve months.
NE27 0FX is the 166th largest and the 390th most expensive postcode out of the 941 postcodes in the NE27 area.
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The closest station to NE27 0FX is Northumberland Park (Tyne & Wear) station which is 1.4 kilometres away.
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