Park Avenue - NE3 2LE
Key Postcode Insights
NE3 2LE is a residential postcode situated on Park Avenue, Gosforth, Newcastle Upon Tyne, NE3 with 36 addresses.
It ranks as the 901st largest and 587th 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 36 properties: 36 houses.
- Ave. Sale Price
- £247,475
- 10 Year change
- up 32.2%
- Ave. Rental Price
- £1,528pcm
- 10 Year change
- up 61.0%
- Ave. £ per ft²
- £256/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Key Postcode Insights
NE3 2LE is a residential postcode situated on Park Avenue, Gosforth, Newcastle Upon Tyne, NE3 with 36 addresses.
It ranks as the 901st largest and 587th 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 36 properties: 36 houses.
- Ave. Sale Price
- £247,475
- 10 Year change
- up 32.2%
- Ave. Rental Price
- £1,528pcm
- 10 Year change
- up 61.0%
- Ave. £ per ft²
- £256/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Explore Propertiesin NE3 2LE
- 48 Park Avenue
4 Bed Early-century House
- 50 Park Avenue
3 Bed Early-century House
- 52 Park Avenue
3 Bed Mid-century House
- 54 Park Avenue
3 Bed Early-century House
- 56 Park Avenue
3 Bed Mid-century House
Sales Market Trends
The last sale in NE3 2LE sold for £206,780 on 28th November 2025. Since then prices are up an average of 3.0%.
The current average value in the postcode is £247,475.
The NE3 2LE Sales Market has increased by 32.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £247,475 |
| June 2025 | 4.7% | £245,160 |
| June 2024 | 4.7% | £234,203 |
| June 2023 | 3% | £223,596 |
| June 2022 | 3.9% | £217,000 |
| June 2021 | 4.6% | £208,762 |
| June 2020 | 4.4% | £199,634 |
| June 2019 | 0.7% | £191,218 |
| June 2018 | 1% | £189,908 |
| June 2017 | 0.5% | £188,079 |
| June 2016 | 5.9% | £187,204 |
| June 2015 | 4.4% | £176,857 |
| June 2014 | 2.2% | £169,470 |
| June 2013 | 2.3% | £165,799 |
| June 2012 | -0.2% | £162,067 |
| June 2011 | -2% | £162,334 |
| June 2010 | 3.9% | £165,570 |
| June 2009 | -6.5% | £159,315 |
| June 2008 | -0.5% | £170,442 |
| June 2007 | 0% | £171,339 |
Rental Market Trends
The current average rental value in the postcode is £1,528.
The NE3 2LE Rental Market has increased by 61.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,528pcm |
| June 2025 | 4.3% | £1,482pcm |
| June 2024 | 7.4% | £1,420pcm |
| June 2023 | 12.1% | £1,322pcm |
| June 2022 | 11% | £1,180pcm |
| June 2021 | 4.2% | £1,063pcm |
| June 2020 | 2.2% | £1,020pcm |
| June 2019 | 2% | £998pcm |
| June 2018 | 1.5% | £978pcm |
| June 2017 | 1.5% | £963pcm |
| June 2016 | 1% | £949pcm |
| June 2015 | 2.5% | £940pcm |
| June 2014 | 1.9% | £917pcm |
| June 2013 | 0.9% | £900pcm |
| June 2012 | 0.8% | £892pcm |
| June 2011 | 0.1% | £885pcm |
| June 2010 | 2.4% | £884pcm |
| June 2009 | -3.7% | £863pcm |
| June 2008 | -0.8% | £896pcm |
| June 2007 | 0% | £904pcm |
Sales History
The last sale was on 28th November 2025 for £206,780 and since then the market in the area has increased by 3.0%. The postcode has had a total of 47 sales since 1995.
NE3 2LE has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Nov 2025£206,780 | 3 Bed House66, Park Avenue, Newcastle Upon Tyne, NE3 2LE66, Park Avenue, Newcastle Upon Tyne, NE3 2LE
- Sold Feb 2023£132,000 | 3 Bed House56, Park Avenue, Newcastle Upon Tyne, NE3 2LE56, Park Avenue, Newcastle Upon Tyne, NE3 2LE
- Sold Sep 2022£344,000 | 4 Bed House48, Park Avenue, Newcastle Upon Tyne, NE3 2LE48, Park Avenue, Newcastle Upon Tyne, NE3 2LE
- Sold Jun 2022£185,000 | 3 Bed House68, Park Avenue, Newcastle Upon Tyne, NE3 2LE68, Park Avenue, Newcastle Upon Tyne, NE3 2LE
- Sold Dec 2020£127,750 | 3 Bed House74, Park Avenue, Newcastle Upon Tyne, NE3 2LE74, Park Avenue, Newcastle Upon Tyne, NE3 2LE
Nearby Postcodes
NE3 2LE is the 901st largest and the 587th most expensive postcode out of the 1,092 postcodes in the NE3 area.
- NE3 2LL, Coquet Avenue, Newcastle Upon Tyne, NE3NE3 2LL22 Addresses|65 m away
- NE3 2LQ, Glanton Wynd, Newcastle Upon Tyne, NE3NE3 2LQ40 Addresses|83 m away
- NE3 2LP, Kielder Way, Newcastle Upon Tyne, NE3NE3 2LP24 Addresses|98 m away
- NE3 2LN, Norham Road, Newcastle Upon Tyne, NE3NE3 2LN27 Addresses|102 m away
- NE3 2NH, Broadway West, Newcastle Upon Tyne, NE3NE3 2NH21 Addresses|123 m away
Property Types
- 10 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 12 early-century houses built between 1912 and 1935
- 12 other addresses of unknown type
- mid-century house (10)
- house (2)
- early-century house (12)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 22 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (5)
- G (0)
- D (15)
- No EPC (14)
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 School400 m away
- Regent Farm First School500 m away
- Gosforth Academy500 m away
- Kenton School2.1 km away
- St Mary's Catholic School2.5 km away
More reading links
Public Transport Nearby
The closest station to NE3 2LE is Manors station, which is 5.0 kilometres away.
- Manors|5.0 km away
- Newcastle|5.3 km away
- MetroCentre|6.6 km away
- Dunston|7.2 km away
