NE3 4BX is a residential postcode situated on The Drive, Gosforth, Newcastle Upon Tyne, NE3 with 8 addresses.
It ranks as the 192nd largest and 236th most expensive of the 1,091 postcodes in the NE3 area.
The postcode contains a total of 8 properties: 1 house and 7 flats.
NE3 4BX is a residential postcode situated on The Drive, Gosforth, Newcastle Upon Tyne, NE3 with 8 addresses.
It ranks as the 192nd largest and 236th most expensive of the 1,091 postcodes in the NE3 area.
The postcode contains a total of 8 properties: 1 house and 7 flats.
Sale prices range from £153,092 for 3 bedroom leasehold flats (1,510 ft2) to £1,160,263 for 6 bedroom leasehold houses with a garden (2,960 ft2) .
Monthly rental prices range from £980 pcm for 3 bed flats to £4,485 pcm for 6 bed houses.
The gross rental yield is between 4.6% and 7.7%.
The average value per square foot is £104.
The last sale in NE3 4BX sold for £595,000 on 16th July 2024. Since then prices are up an average of 2.8%.
The current average value in the postcode is £278,988.
The NE3 4BX Sales Market has increased by 21.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.4% | £278,988 |
| April 2025 | 4.3% | £278,006 |
| April 2024 | 0.9% | £266,491 |
| April 2023 | 5.5% | £264,028 |
| April 2022 | 1.2% | £250,209 |
| April 2021 | 4% | £247,183 |
| April 2020 | 2.5% | £237,711 |
| April 2019 | 0.6% | £232,001 |
| April 2018 | 0.4% | £230,665 |
| April 2017 | 0.2% | £229,832 |
| April 2016 | 5.8% | £229,267 |
| April 2015 | 5.5% | £216,728 |
| April 2014 | 1.6% | £205,492 |
| April 2013 | 3.9% | £202,197 |
| April 2012 | -1.8% | £194,518 |
| April 2011 | 0% | £198,178 |
| April 2010 | 3.7% | £198,192 |
| April 2009 | -9.6% | £191,084 |
| April 2008 | -0.3% | £211,293 |
| April 2007 | 0% | £211,929 |
The current average rental value in the postcode is £1,418.
The NE3 4BX Rental Market has increased by 53.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,418pcm |
| April 2025 | 6.2% | £1,384pcm |
| April 2024 | 7.7% | £1,303pcm |
| April 2023 | 11.7% | £1,210pcm |
| April 2022 | 8.4% | £1,082pcm |
| April 2021 | 3.1% | £998pcm |
| April 2020 | 2.2% | £968pcm |
| April 2019 | 2.1% | £948pcm |
| April 2018 | 0.5% | £928pcm |
| April 2017 | 0.3% | £923pcm |
| April 2016 | 1.9% | £921pcm |
| April 2015 | 2.7% | £904pcm |
| April 2014 | 1.8% | £880pcm |
| April 2013 | 2.1% | £864pcm |
| April 2012 | 0.9% | £846pcm |
| April 2011 | 2.8% | £839pcm |
| April 2010 | 1.8% | £816pcm |
| April 2009 | -3.3% | £802pcm |
| April 2008 | -0.4% | £830pcm |
| April 2007 | 0% | £833pcm |
The last sale was on 16th July 2024 for £595,000 and since then the market in the area has increased by 2.8%. The postcode has had a total of 10 sales since 1995.
NE3 4BX has seen 2 sales in the last three years and no sales in the last twelve months.
NE3 4BX is the 192nd largest and the 236th most expensive postcode out of the 1,091 postcodes in the NE3 area.
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The closest station to NE3 4BX is Manors station which is 3.2 kilometres away.
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