NE3 4BF is a residential postcode situated on Elmfield Square, Gosforth, Newcastle Upon Tyne, NE3 with 5 addresses.
It ranks as the 98th largest and 995th most expensive of the 1,091 postcodes in the NE3 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 5 properties: 5 flats.
NE3 4BF is a residential postcode situated on Elmfield Square, Gosforth, Newcastle Upon Tyne, NE3 with 5 addresses.
It ranks as the 98th largest and 995th most expensive of the 1,091 postcodes in the NE3 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 5 properties: 5 flats.
Sale prices range from £443,614 for 3 bedroom leasehold flats (1,248 ft2) to £708,069 for 3 bedroom leasehold flats (2,895 ft2) .
Monthly rental prices range from £1,791 pcm for 3 bed flats to £2,859 pcm for 3 bed flats.
The gross rental yield is between 4.8% and 4.8%.
The average value per square foot is £274.
The last sale in NE3 4BF sold for £515,000 on 31st May 2022. Since then prices are up an average of 9.1%.
The current average value in the postcode is £573,514.
The NE3 4BF Sales Market has increased by 14.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.2% | £573,514 |
| April 2025 | 3.9% | £572,385 |
| April 2024 | 1.8% | £550,957 |
| April 2023 | 3.7% | £541,185 |
| April 2022 | -0.1% | £521,875 |
| April 2021 | 2.8% | £522,189 |
| April 2020 | 2.4% | £507,890 |
| April 2019 | -0.2% | £496,089 |
| April 2018 | -0.9% | £497,187 |
| April 2017 | -0.2% | £501,710 |
| April 2016 | 5.5% | £502,949 |
| April 2015 | 4.7% | £476,724 |
| April 2014 | 1.5% | £455,132 |
| April 2013 | 2.2% | £448,491 |
| April 2012 | -2.7% | £438,791 |
| April 2011 | -0.1% | £451,189 |
| April 2010 | 2.4% | £451,550 |
| April 2009 | -9.8% | £441,075 |
| April 2008 | -1.3% | £488,779 |
| April 2007 | 0% | £495,302 |
The current average rental value in the postcode is £2,316.
The NE3 4BF Rental Market has increased by 43.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.2% | £2,316pcm |
| April 2025 | 5.8% | £2,265pcm |
| April 2024 | 8.4% | £2,141pcm |
| April 2023 | 9.7% | £1,975pcm |
| April 2022 | 7.2% | £1,800pcm |
| April 2021 | 1.9% | £1,679pcm |
| April 2020 | 2% | £1,648pcm |
| April 2019 | 1.3% | £1,616pcm |
| April 2018 | -0.8% | £1,595pcm |
| April 2017 | -0.2% | £1,607pcm |
| April 2016 | 1.6% | £1,611pcm |
| April 2015 | 2% | £1,585pcm |
| April 2014 | 1.8% | £1,555pcm |
| April 2013 | 0.2% | £1,528pcm |
| April 2012 | 0% | £1,525pcm |
| April 2011 | 2.6% | £1,525pcm |
| April 2010 | 0.4% | £1,486pcm |
| April 2009 | -3.7% | £1,480pcm |
| April 2008 | -1.5% | £1,537pcm |
| April 2007 | 0% | £1,560pcm |
The last sale was on 31st May 2022 for £515,000 and since then the market in the area has increased by 9.1%. The postcode has had a total of 4 sales since 1995.
NE3 4BF has seen no sales in the last three years and no sales in the last twelve months.
NE3 4BF is the 98th largest and the 995th most expensive postcode out of the 1,091 postcodes in the NE3 area.
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The closest station to NE3 4BF is Manors station which is 3.5 kilometres away.
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