Park Avenue - NE3 2LH
Key Postcode Insights
NE3 2LH is a residential postcode situated on Park Avenue, Gosforth, Newcastle Upon Tyne, NE3 with 44 addresses.
It ranks as the 975th largest and 437th most expensive of the 1,092 postcodes in the NE3 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 44 properties: 44 houses.
- Ave. Sale Price
- £199,457
- 10 Year change
- up 32.2%
- Ave. Rental Price
- £1,285pcm
- 10 Year change
- up 61.0%
- Ave. £ per ft²
- £200/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Key Postcode Insights
NE3 2LH is a residential postcode situated on Park Avenue, Gosforth, Newcastle Upon Tyne, NE3 with 44 addresses.
It ranks as the 975th largest and 437th most expensive of the 1,092 postcodes in the NE3 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 44 properties: 44 houses.
- Ave. Sale Price
- £199,457
- 10 Year change
- up 32.2%
- Ave. Rental Price
- £1,285pcm
- 10 Year change
- up 61.0%
- Ave. £ per ft²
- £200/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Explore Propertiesin NE3 2LH
- 88 Park Avenue
4 Bed Mid-century House
- 90 Park Avenue
3 Bed Mid-century House
- 92 Park Avenue
3 Bed Mid-century House
- 94 Park Avenue
Unknown
- 96 Park Avenue
Unknown
Sales Market Trends
The last sale in NE3 2LH sold for £170,000 on 30th April 2026. Since then prices have on average remained the same.
The current average value in the postcode is £199,457.
The NE3 2LH Sales Market has increased by 32.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £199,457 |
| June 2025 | 4.7% | £197,591 |
| June 2024 | 4.7% | £188,760 |
| June 2023 | 3% | £180,212 |
| June 2022 | 3.9% | £174,895 |
| June 2021 | 4.6% | £168,256 |
| June 2020 | 4.4% | £160,899 |
| June 2019 | 0.7% | £154,115 |
| June 2018 | 1% | £153,060 |
| June 2017 | 0.5% | £151,586 |
| June 2016 | 5.9% | £150,880 |
| June 2015 | 4.4% | £142,541 |
| June 2014 | 2.2% | £136,587 |
| June 2013 | 2.3% | £133,629 |
| June 2012 | -0.2% | £130,621 |
| June 2011 | -2% | £130,836 |
| June 2010 | 3.9% | £133,445 |
| June 2009 | -6.5% | £128,403 |
| June 2008 | -0.5% | £137,371 |
| June 2007 | 0% | £138,094 |
Rental Market Trends
The current average rental value in the postcode is £1,285.
The NE3 2LH Rental Market has increased by 61.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,285pcm |
| June 2025 | 4.3% | £1,247pcm |
| June 2024 | 7.4% | £1,195pcm |
| June 2023 | 12.1% | £1,112pcm |
| June 2022 | 11% | £993pcm |
| June 2021 | 4.2% | £894pcm |
| June 2020 | 2.2% | £858pcm |
| June 2019 | 2% | £840pcm |
| June 2018 | 1.5% | £823pcm |
| June 2017 | 1.5% | £810pcm |
| June 2016 | 1% | £799pcm |
| June 2015 | 2.5% | £791pcm |
| June 2014 | 1.9% | £771pcm |
| June 2013 | 0.9% | £757pcm |
| June 2012 | 0.8% | £750pcm |
| June 2011 | 0.1% | £744pcm |
| June 2010 | 2.4% | £744pcm |
| June 2009 | -3.7% | £726pcm |
| June 2008 | -0.8% | £754pcm |
| June 2007 | 0% | £760pcm |
Sales History
The last sale was on 30th April 2026 for £170,000 and since then the market in the area has remained stable. The postcode has had a total of 41 sales since 1995.
NE3 2LH has seen 6 sales in the last three years and 2 sales in the last twelve months.
- Sold Apr 2026£170,000 | 3 Bed House116, Park Avenue, Newcastle Upon Tyne, NE3 2LH116, Park Avenue, Newcastle Upon Tyne, NE3 2LH
- Sold Aug 2025£270,000 | 4 Bed House221, Park Avenue, Newcastle Upon Tyne, NE3 2LH221, Park Avenue, Newcastle Upon Tyne, NE3 2LH
- Sold Jun 2025£219,000 | 3 Bed House90, Park Avenue, Newcastle Upon Tyne, NE3 2LH90, Park Avenue, Newcastle Upon Tyne, NE3 2LH
- Sold Mar 2025£245,000 | 4 Bed House209, Park Avenue, Newcastle Upon Tyne, NE3 2LH209, Park Avenue, Newcastle Upon Tyne, NE3 2LH
- Sold Nov 2023£175,000 | 3 Bed House223, Park Avenue, Newcastle Upon Tyne, NE3 2LH223, Park Avenue, Newcastle Upon Tyne, NE3 2LH
Nearby Postcodes
NE3 2LH is the 975th largest and the 437th most expensive postcode out of the 1,092 postcodes in the NE3 area.
- NE3 2NR, Budle Close, Newcastle Upon Tyne, NE3NE3 2NR10 Addresses|69 m away
- NE3 2NL, Ford Grove, Newcastle Upon Tyne, NE3NE3 2NL10 Addresses|73 m away
- NE3 2NS, Park Avenue, Gosforth, Newcastle Upon Tyne, NE3NE3 2NS47 Addresses|86 m away
- NE3 2NJ, Broadway West, Newcastle Upon Tyne, NE3NE3 2NJ19 Addresses|91 m away
- NE3 3HS, Hepple Way, Newcastle Upon Tyne, NE3NE3 3HS9 Addresses|115 m away
Property Types
- 2 period houses built between 1800 and 1911
- 13 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 12 early-century houses built between 1912 and 1935
- 16 other addresses of unknown type
- period house (2)
- mid-century house (13)
- house (1)
- early-century house (12)
- Unknown (16)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 27 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (2)
- F (1)
- C (8)
- G (0)
- D (13)
- No EPC (17)
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
- Regent Farm First School300 m away
- Grange First School400 m away
- St Charles' Catholic Primary School500 m away
- Gosforth Academy700 m away
- Kenton School1.9 km away
- St Mary's Catholic School2.7 km away
More reading links
Public Transport Nearby
The closest station to NE3 2LH 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
