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NE3 3TLHouse Prices / North East, Newcastle upon Tyne, Penrose Green
Last updated May 2026
Key Postcode Insights
NE3 3TL is a residential postcode situated on Penrose Green, Newcastle Upon Tyne, NE3 with 6 addresses.
It ranks as the 134th largest and 171st 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 6 properties: 6 houses.
6
Properties
- Houses
Key Postcode Insights
NE3 3TL is a residential postcode situated on Penrose Green, Newcastle Upon Tyne, NE3 with 6 addresses.
It ranks as the 134th largest and 171st 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 6 properties: 6 houses.
6
Properties
- Houses
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House Pricesin NE3 3TL
Sale prices range from £118,881 for 2 bedroom freehold houses with a garden (656 ft2) to £139,623 for 3 bedroom freehold houses with a garden (871 ft2) .
Monthly rental prices range from £856 pcm for 2 bed houses to £958 pcm for 3 bed houses.
The gross rental yield is between 8.2% and 8.6%.
The average value per square foot is £163.
Average Sale Value
£131,711
Average Rental Value
£922 pcm
Average Rental Yield
8.4% /year
Average Value Per Sqft
£163 /ft2
Sales Market Trendsin NE3 3TL
The last sale in NE3 3TL sold for £80,000 on 27th May 2015. Since then prices are up an average of 46.9%.
The current average value in the postcode is £131,711.
The NE3 3TL Sales Market has increased by 39.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.2% | £131,711 |
| April 2025 | 5.8% | £126,456 |
| April 2024 | 3.1% | £119,505 |
| April 2023 | 4.5% | £115,936 |
| April 2022 | 4.3% | £110,977 |
| April 2021 | 6.9% | £106,376 |
| April 2020 | 2.9% | £99,542 |
| April 2019 | 0.6% | £96,697 |
| April 2018 | 0.8% | £96,109 |
| April 2017 | 1.2% | £95,325 |
| April 2016 | 5.4% | £94,161 |
| April 2015 | 4.7% | £89,364 |
| April 2014 | 1.7% | £85,363 |
| April 2013 | 3.6% | £83,953 |
| April 2012 | -2.9% | £81,045 |
| April 2011 | -1.6% | £83,456 |
| April 2010 | 0.4% | £84,808 |
| April 2009 | -10.6% | £84,507 |
| April 2008 | 0.5% | £94,500 |
| April 2007 | 0% | £94,061 |
Rental Market Trendsin NE3 3TL
The current average rental value in the postcode is £922.
The NE3 3TL Rental Market has increased by 69.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 6.1% | £922pcm |
| April 2025 | 7.5% | £869pcm |
| April 2024 | 6.7% | £809pcm |
| April 2023 | 11.4% | £758pcm |
| April 2022 | 12.5% | £680pcm |
| April 2021 | 5.1% | £604pcm |
| April 2020 | 1.7% | £575pcm |
| April 2019 | 2% | £566pcm |
| April 2018 | 1.4% | £555pcm |
| April 2017 | 0.8% | £547pcm |
| April 2016 | 0.7% | £543pcm |
| April 2015 | 1.1% | £539pcm |
| April 2014 | 2.4% | £533pcm |
| April 2013 | 1.1% | £521pcm |
| April 2012 | -0.4% | £515pcm |
| April 2011 | 0% | £517pcm |
| April 2010 | -2.4% | £517pcm |
| April 2009 | -4.7% | £530pcm |
| April 2008 | 0.2% | £556pcm |
| April 2007 | 0% | £555pcm |
Explore Propertiesin NE3 3TL, Penrose Green, Newcastle Upon Tyne, NE3
- 1, Penrose Green, Newcastle Upon Tyne, NE3 3TL
- 2, Penrose Green, Newcastle Upon Tyne, NE3 3TL
- 3, Penrose Green, Newcastle Upon Tyne, NE3 3TL3 bed mid-century house
- 4, Penrose Green, Newcastle Upon Tyne, NE3 3TL2 bed mid-century house
- 5, Penrose Green, Newcastle Upon Tyne, NE3 3TL3 bed mid-century house
- 6, Penrose Green, Newcastle Upon Tyne, NE3 3TL3 bed mid-century house
Sales Historyin NE3 3TL
The last sale was on 27th May 2015 for £80,000 and since then the market in the area has increased by 46.9%. The postcode has had a total of 6 sales since 1995.
NE3 3TL has seen no sales in the last three years and no sales in the last twelve months.
Sold May 2015£80,000 | 2 Bed HousePenrose Green4, Penrose Green, Newcastle Upon Tyne, NE3 3TL
Sold Apr 2015£110,000 | 3 Bed HousePenrose Green5, Penrose Green, Newcastle Upon Tyne, NE3 3TL
Sold Nov 2013£82,000 | 3 Bed HousePenrose Green3, Penrose Green, Newcastle Upon Tyne, NE3 3TL
Sold Nov 2013£78,000 | 3 Bed HousePenrose Green5, Penrose Green, Newcastle Upon Tyne, NE3 3TL
Sold May 2002£44,500 | 3 Bed HousePenrose Green1, Penrose Green, Newcastle Upon Tyne, NE3 3TL
Sold Jun 1997£31,500 | 3 Bed HousePenrose Green1, Penrose Green, Newcastle Upon Tyne, NE3 3TL
Nearby Postcodesto NE3 3TL
NE3 3TL is the 134th largest and the 171st most expensive postcode out of the 1,091 postcodes in the NE3 area.
- 72 mNE3 3TJ, Colgrove Way, Newcastle Upon Tyne, NE3NE3 3TJ6 Addresses
- 85 mNE3 3TH, Trowbridge Way, Newcastle Upon Tyne, NE3NE3 3TH12 Addresses
- 98 mNE3 3TN, Somersby Drive, Newcastle Upon Tyne, NE3NE3 3TN27 Addresses
- 98 mNE3 3JS, Foxton Green, Newcastle Upon Tyne, NE3NE3 3JS5 Addresses
- 103 mNE3 3DY, Colgrove Place, Newcastle Upon Tyne, NE3NE3 3DY28 Addresses
- 105 mNE3 3TE, Trowbridge Way, Newcastle Upon Tyne, NE3NE3 3TE27 Addresses
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Property Typesin NE3 3TL
- 4 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century house (4)
- Unknown (2)
Energy Efficiencyof properties in NE3 3TL
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (2)
- G (0)
- D (1)
- No EPC (2)
Top 3 Most Expensive Saleson Penrose Green
Schools Nearbyto NE3 3TL
The nearest primary school to NE3 3TL is Mountfield Primary School which is 201 metres away.
- 201mMountfield Primary School
- 587mSt Cuthberts Catholic Primary School, Kenton
- 962mRegent Farm First School
The nearest secondary school is Kenton School which is 606 metres away.
- 606mKenton School
- 1.7kmGosforth Academy
- 2.9kmSacred Heart Catholic High School
More reading links
Public Transport Nearbyto NE3 3TL
The closest station to NE3 3TL is Manors station which is 4.8 kilometres away.
- 4.8kmManors
- 4.8kmNewcastle
- 5.6kmMetroCentre
- 6.2kmBlaydon
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