NE3 2LY

Key Postcode Insights

NE3 2LY is a residential postcode situated on Heddon Close, Newcastle Upon Tyne, NE3 with 18 addresses.

It ranks as the 500th largest and 101st most expensive of the 1,091 postcodes in the NE3 area. The dominant property type is a mid-century house built between 1936 and 1979.

The postcode contains a total of 18 properties: 17 houses and 1 flat.

18
Properties
  • Houses
  • Flats

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House Pricesin NE3 2LY

Sale prices range from £50,286 for 2 bedroom Leasehold flats (441 ft2) to £112,521 for 3 bedroom freehold houses with a garden (990 ft2) .

Monthly rental prices range from £418 pcm for 2 bed flats to £740 pcm for 3 bed houses.

The gross rental yield is between 7.9% and 10.0%.

The average value per square foot is £116.

Average Sale Value
£102,629
Average Rental Value
£696 pcm
Average Rental Yield
8.1% /year
Average Value Per Sqft
£116 /ft2
Prices last updated 1st May 2026
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Sales History
in NE3 2LY

The last sale was on 18th March 2022 for £93,000 and since then the market in the area has increased by 19.2%. The postcode has had a total of 4 sales since 1995.

NE3 2LY has seen no sales in the last three years and no sales in the last twelve months.

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Nearby Postcodesto NE3 2LY

NE3 2LY is the 500th largest and the 101st most expensive postcode out of the 1,091 postcodes in the NE3 area.

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Property Typesin NE3 2LY

  • 8 mid-century houses built between 1936 and 1979
  • 1 mid-century flat built between 1936 and 1979
  • 2 houses of an unknown age
  • 7 other addresses of unknown type
  • mid-century house (8)
  • mid-century flat (1)
  • house (2)
  • Unknown (7)
Energy Efficiency

Energy Efficiencyof properties in NE3 2LY

  • Energy Performance Certificate (EPC) surveys conducted for 9 properties.
  • The dominant rating is D.
  • A (0)
  • E (1)
  • B (0)
  • F (0)
  • C (2)
  • G (0)
  • D (6)
  • No EPC (9)
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Schools Nearby

Schools Nearbyto NE3 2LY

The nearest primary school to NE3 2LY is Regent Farm First School which is 238 metres away.
  • 238
    m
    Regent Farm First School
  • 587
    m
    North Fawdon Primary School
  • 776
    m
    Grange First School
The nearest secondary school is Gosforth Academy which is 1.1 kilometres away.
  • 1.1
    km
    Gosforth Academy
  • 1.5
    km
    Kenton School
  • 3.1
    km
    St Mary's Catholic School
More reading links
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearbyto NE3 2LY

The closest station to NE3 2LY is Manors station which is 5.1 kilometres away.

  • 5.1
    km
    Manors
  • 5.3
    km
    Newcastle
  • 6.4
    km
    MetroCentre
  • 7.1
    km
    Blaydon
Source: National Rail
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