NE3 5LG is a residential postcode situated on Exelby Close, Newcastle Upon Tyne, NE3 with 12 addresses.
It ranks as the 349th largest and 1000th most expensive of the 1,091 postcodes in the NE3 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 12 properties: 12 houses.
NE3 5LG is a residential postcode situated on Exelby Close, Newcastle Upon Tyne, NE3 with 12 addresses.
It ranks as the 349th largest and 1000th most expensive of the 1,091 postcodes in the NE3 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 12 properties: 12 houses.
Sale prices range from £535,207 for 4 bedroom freehold houses with a garden (1,410 ft2) to £662,648 for 5 bedroom freehold houses with a garden (2,045 ft2) .
Monthly rental prices range from £2,049 pcm for 4 bed houses to £2,561 pcm for 5 bed houses.
The gross rental yield is between 4.5% and 4.7%.
The average value per square foot is £324.
The last sale in NE3 5LG sold for £555,000 on 4th July 2025. Since then prices are up an average of 1.0%.
The current average value in the postcode is £612,436.
The NE3 5LG Sales Market has increased by 28.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.3% | £612,436 |
| April 2025 | 4.3% | £610,852 |
| April 2024 | 1.7% | £585,860 |
| April 2023 | 5.7% | £576,145 |
| April 2022 | 3% | £545,177 |
| April 2021 | 4.8% | £529,175 |
| April 2020 | 2.2% | £504,956 |
| April 2019 | 1.2% | £493,890 |
| April 2018 | 1.5% | £487,945 |
| April 2017 | 0.8% | £480,559 |
| April 2016 | 6.1% | £476,713 |
| April 2015 | 6.4% | £449,110 |
| April 2014 | 2% | £422,289 |
| April 2013 | 5.6% | £414,196 |
| April 2012 | -1.5% | £392,077 |
| April 2011 | 0.3% | £397,913 |
| April 2010 | 5% | £396,845 |
| April 2009 | -8.4% | £378,056 |
| April 2008 | 1.1% | £412,531 |
| April 2007 | 0% | £407,901 |
The current average rental value in the postcode is £2,360.
The NE3 5LG Rental Market has increased by 62.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £2,360pcm |
| April 2025 | 6.6% | £2,296pcm |
| April 2024 | 7% | £2,153pcm |
| April 2023 | 13.2% | £2,013pcm |
| April 2022 | 9.7% | £1,778pcm |
| April 2021 | 4% | £1,621pcm |
| April 2020 | 2.1% | £1,558pcm |
| April 2019 | 2.7% | £1,527pcm |
| April 2018 | 1.7% | £1,487pcm |
| April 2017 | 0.8% | £1,462pcm |
| April 2016 | 2.2% | £1,451pcm |
| April 2015 | 3.2% | £1,420pcm |
| April 2014 | 2% | £1,376pcm |
| April 2013 | 3.7% | £1,349pcm |
| April 2012 | 1.3% | £1,301pcm |
| April 2011 | 2.5% | £1,284pcm |
| April 2010 | 3.3% | £1,253pcm |
| April 2009 | -2.9% | £1,212pcm |
| April 2008 | 0.8% | £1,249pcm |
| April 2007 | 0% | £1,238pcm |
The last sale was on 4th July 2025 for £555,000 and since then the market in the area has increased by 1.0%. The postcode has had a total of 7 sales since 1995.
NE3 5LG has seen 1 sale in the last three years and 1 sale in the last twelve months.
NE3 5LG is the 349th largest and the 1000th most expensive postcode out of the 1,091 postcodes in the NE3 area.
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The closest station to NE3 5LG is Manors station which is 5.5 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NE3 5LG, 68.2% of property is privately owned outright and 27.1% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NE3 5LG, 14.6% of residents are recorded as possessing school level qualifications and 62.1% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE3 5LG, the average age was 43.1 and the most common age was 52.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NE3 5LG, 4.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NE3 5LG, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.