NE3 2AW is a residential postcode situated on Fencer Hill Square, Gosforth, Newcastle Upon Tyne, NE3 with 19 addresses.
It ranks as the 534th largest and 592nd most expensive of the 1,091 postcodes in the NE3 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 19 properties: 19 flats.
NE3 2AW is a residential postcode situated on Fencer Hill Square, Gosforth, Newcastle Upon Tyne, NE3 with 19 addresses.
It ranks as the 534th largest and 592nd most expensive of the 1,091 postcodes in the NE3 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 19 properties: 19 flats.
Sale prices range from £219,372 for 2 bedroom leasehold flats (710 ft2) to £288,009 for 3 bedroom leasehold flats (1,192 ft2) .
Monthly rental prices range from £1,172 pcm for 2 bed flats to £1,254 pcm for 3 bed flats.
The gross rental yield is between 5.2% and 6.4%.
The average value per square foot is £281.
The last sale in NE3 2AW sold for £280,000 on 30th June 2025. Since then prices are down an average of 0.7%.
The current average value in the postcode is £248,835.
The NE3 2AW Sales Market has increased by 11.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.8% | £248,835 |
| April 2025 | 3.4% | £250,763 |
| April 2024 | 2.4% | £242,617 |
| April 2023 | 0.6% | £237,030 |
| April 2022 | 3.3% | £235,715 |
| April 2021 | 2.3% | £228,271 |
| April 2020 | 1.4% | £223,196 |
| April 2019 | -0.2% | £220,155 |
| April 2018 | -0.3% | £220,549 |
| April 2017 | -0.6% | £221,156 |
| April 2016 | 4.6% | £222,596 |
| April 2015 | 4.6% | £212,766 |
| April 2014 | 2.5% | £203,366 |
| April 2013 | 0.1% | £198,449 |
| April 2012 | -2.8% | £198,222 |
| April 2011 | -0.3% | £203,890 |
| April 2010 | 0.9% | £204,403 |
| April 2009 | -9% | £202,654 |
| April 2008 | -0.8% | £222,775 |
| April 2007 | 0% | £224,580 |
The current average rental value in the postcode is £1,195.
The NE3 2AW Rental Market has increased by 49.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £1,195pcm |
| April 2025 | 6.8% | £1,165pcm |
| April 2024 | 9.8% | £1,091pcm |
| April 2023 | 9% | £994pcm |
| April 2022 | 7.7% | £912pcm |
| April 2021 | 2.9% | £846pcm |
| April 2020 | 3% | £823pcm |
| April 2019 | 1% | £799pcm |
| April 2018 | -0.9% | £791pcm |
| April 2017 | -0.2% | £799pcm |
| April 2016 | 1.8% | £800pcm |
| April 2015 | 2.3% | £786pcm |
| April 2014 | 1.3% | £769pcm |
| April 2013 | -0.4% | £759pcm |
| April 2012 | 0.2% | £762pcm |
| April 2011 | 3% | £761pcm |
| April 2010 | 1.1% | £738pcm |
| April 2009 | -4.2% | £730pcm |
| April 2008 | -1.2% | £763pcm |
| April 2007 | 0% | £772pcm |
The last sale was on 30th June 2025 for £280,000 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 29 sales since 1995.
NE3 2AW has seen 5 sales in the last three years and 1 sale in the last twelve months.
NE3 2AW is the 534th largest and the 592nd most expensive postcode out of the 1,091 postcodes in the NE3 area.
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The closest station to NE3 2AW is Manors station which is 5.8 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around NE3 2AW, 49.3% of property is privately owned outright and 38.2% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NE3 2AW, 19.0% of residents are recorded as possessing school level qualifications and 57.2% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE3 2AW, the average age was 43.1 and the most common age was 52.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NE3 2AW, 2.5% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NE3 2AW, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.