Park Avenue - NE3 2HL
Key Postcode Insights
NE3 2HL is a residential postcode situated on Park Avenue, Gosforth, Newcastle Upon Tyne, NE3 with 18 addresses.
It ranks as the 501st largest and 738th most expensive of the 1,092 postcodes in the NE3 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £305,258
- 10 Year change
- up 30.2%
- Ave. Rental Price
- £1,613pcm
- 10 Year change
- up 58.9%
- Ave. £ per ft²
- £306/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
NE3 2HL is a residential postcode situated on Park Avenue, Gosforth, Newcastle Upon Tyne, NE3 with 18 addresses.
It ranks as the 501st largest and 738th most expensive of the 1,092 postcodes in the NE3 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £305,258
- 10 Year change
- up 30.2%
- Ave. Rental Price
- £1,613pcm
- 10 Year change
- up 58.9%
- Ave. £ per ft²
- £306/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin NE3 2HL
- 8 Park Avenue
4 Bed Early-century House
- 10 Park Avenue
4 Bed Early-century House
- 31 Park Avenue
4 Bed Early-century House
- 33 Park Avenue
Unknown
- 35 Park Avenue
Unknown
Sales Market Trends
The last sale in NE3 2HL sold for £320,000 on 16th July 2025. Since then prices are up an average of 1.7%.
The current average value in the postcode is £305,258.
The NE3 2HL Sales Market has increased by 30.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £305,258 |
| June 2025 | 4.5% | £303,399 |
| June 2024 | 4.4% | £290,407 |
| June 2023 | 3.3% | £278,098 |
| June 2022 | 3.5% | £269,168 |
| June 2021 | 4% | £260,033 |
| June 2020 | 4.5% | £249,919 |
| June 2019 | 0.6% | £239,253 |
| June 2018 | 0.9% | £237,804 |
| June 2017 | 0.5% | £235,702 |
| June 2016 | 6% | £234,482 |
| June 2015 | 4.7% | £221,269 |
| June 2014 | 2.1% | £211,350 |
| June 2013 | 2.3% | £206,988 |
| June 2012 | 0% | £202,305 |
| June 2011 | -1.6% | £202,380 |
| June 2010 | 4.9% | £205,577 |
| June 2009 | -5.7% | £195,963 |
| June 2008 | -0.2% | £207,773 |
| June 2007 | 0% | £208,292 |
Rental Market Trends
The current average rental value in the postcode is £1,613.
The NE3 2HL Rental Market has increased by 58.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,613pcm |
| June 2025 | 4.1% | £1,569pcm |
| June 2024 | 7.2% | £1,507pcm |
| June 2023 | 12.4% | £1,405pcm |
| June 2022 | 10.5% | £1,250pcm |
| June 2021 | 3.8% | £1,132pcm |
| June 2020 | 2.3% | £1,091pcm |
| June 2019 | 1.9% | £1,066pcm |
| June 2018 | 1.4% | £1,046pcm |
| June 2017 | 1.5% | £1,031pcm |
| June 2016 | 1.2% | £1,015pcm |
| June 2015 | 2.8% | £1,004pcm |
| June 2014 | 1.8% | £976pcm |
| June 2013 | 0.9% | £959pcm |
| June 2012 | 0.9% | £950pcm |
| June 2011 | 0.5% | £941pcm |
| June 2010 | 3.4% | £936pcm |
| June 2009 | -2.8% | £905pcm |
| June 2008 | -0.5% | £932pcm |
| June 2007 | 0% | £936pcm |
Sales History
The last sale was on 16th July 2025 for £320,000 and since then the market in the area has increased by 1.7%. The postcode has had a total of 25 sales since 1995.
NE3 2HL has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2025£320,000 | 3 Bed House59, Park Avenue, Newcastle Upon Tyne, NE3 2HL59, Park Avenue, Newcastle Upon Tyne, NE3 2HL
- Sold Dec 2023£192,000 | 3 Bed House57, Park Avenue, Newcastle Upon Tyne, NE3 2HL57, Park Avenue, Newcastle Upon Tyne, NE3 2HL
- Sold Aug 2023£335,000 | 4 Bed House10, Park Avenue, Newcastle Upon Tyne, NE3 2HL10, Park Avenue, Newcastle Upon Tyne, NE3 2HL
- Sold Aug 2022£420,000 | 4 Bed House31, Park Avenue, Newcastle Upon Tyne, NE3 2HL31, Park Avenue, Newcastle Upon Tyne, NE3 2HL
- Sold Sep 2019£300,000 | 4 Bed House8, Park Avenue, Newcastle Upon Tyne, NE3 2HL8, Park Avenue, Newcastle Upon Tyne, NE3 2HL
Nearby Postcodes
NE3 2HL is the 501st largest and the 738th most expensive postcode out of the 1,092 postcodes in the NE3 area.
- NE3 2HS, Kingsway Avenue, Newcastle Upon Tyne, NE3NE3 2HS34 Addresses|101 m away
- NE3 2HQ, Cranbrook Avenue, Newcastle Upon Tyne, NE3NE3 2HQ22 Addresses|116 m away
- NE3 2HP, Kensington Avenue, Newcastle Upon Tyne, NE3NE3 2HP43 Addresses|127 m away
- NE3 2LD, Park Avenue, Gosforth, Newcastle Upon Tyne, NE3NE3 2LD44 Addresses|128 m away
- NE3 2HR, Princes Avenue, Newcastle Upon Tyne, NE3NE3 2HR26 Addresses|136 m away
Property Types
- 8 early-century houses built between 1912 and 1935
- 10 other addresses of unknown type
- early-century house (8)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (2)
- G (0)
- D (4)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Aug 2022£420,000 | 4 Bed House31, Park Avenue, Newcastle Upon Tyne, NE3 2HL31, Park Avenue, Newcastle Upon Tyne, NE3 2HL
- Sold Mar 2015£355,437 | 2 Bed FlatFlat 1, Kirkley Lodge, Park Avenue, Newcastle Upon Tyne, NE3 2NSFlat 1, Kirkley Lodge, Park Avenue, Newcastle Upon Tyne, NE3 2NS
- Sold Feb 2025£352,000 | 4 Bed House28, Park Avenue, Newcastle Upon Tyne, NE3 2LD28, Park Avenue, Newcastle Upon Tyne, NE3 2LD
Schools Nearby
- Grange First School200 m away
- St Charles' Catholic Primary School300 m away
- St Oswald's Catholic Primary School, Gosforth500 m away
- Gosforth Academy200 m away
- St Mary's Catholic School2.1 km away
- Kenton School2.3 km away
More reading links
Public Transport Nearby
The closest station to NE3 2HL is Manors station, which is 4.8 kilometres away.
- Manors|4.8 km away
- Newcastle|5.2 km away
- MetroCentre|6.7 km away
- Northumberland Park (Tyne & Wear)|7.0 km away
