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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE3 5LPHouse Prices / North East, Newcastle upon Tyne, Flaxby Close
Last updated May 2026
Key Postcode Insights
NE3 5LP is a residential postcode situated on Flaxby Close, Newcastle Upon Tyne, NE3 with 7 addresses.
It ranks as the 159th largest and 933rd most expensive of the 1,091 postcodes in the NE3 area.
The postcode contains a total of 7 properties: 7 houses.
7
Properties
- Houses
Key Postcode Insights
NE3 5LP is a residential postcode situated on Flaxby Close, Newcastle Upon Tyne, NE3 with 7 addresses.
It ranks as the 159th largest and 933rd most expensive of the 1,091 postcodes in the NE3 area.
The postcode contains a total of 7 properties: 7 houses.
7
Properties
- Houses
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House Pricesin NE3 5LP
Sale prices range from £460,377 for 4 bedroom freehold houses with a garden (1,399 ft2) to £690,053 for 6 bedroom freehold houses with a garden (2,712 ft2) .
Monthly rental prices range from £1,843 pcm for 4 bed houses to £2,775 pcm for 6 bed houses.
The gross rental yield is between 4.8% and 5.4%.
The average value per square foot is £329.
Average Sale Value
£529,588
Average Rental Value
£2,158 pcm
Average Rental Yield
4.9% /year
Average Value Per Sqft
£329 /ft2
Sales Market Trendsin NE3 5LP
The last sale in NE3 5LP sold for £365,000 on 18th June 2010. Since then prices are up an average of 52.5%.
The current average value in the postcode is £529,588.
The NE3 5LP Sales Market has increased by 28.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.3% | £529,588 |
| April 2025 | 4.3% | £528,219 |
| April 2024 | 1.7% | £506,607 |
| April 2023 | 5.7% | £498,206 |
| April 2022 | 3% | £471,428 |
| April 2021 | 4.8% | £457,590 |
| April 2020 | 2.2% | £436,648 |
| April 2019 | 1.2% | £427,079 |
| April 2018 | 1.5% | £421,938 |
| April 2017 | 0.8% | £415,551 |
| April 2016 | 6.1% | £412,225 |
| April 2015 | 6.4% | £388,356 |
| April 2014 | 2% | £365,164 |
| April 2013 | 5.6% | £358,165 |
| April 2012 | -1.5% | £339,038 |
| April 2011 | 0.3% | £344,085 |
| April 2010 | 5% | £343,162 |
| April 2009 | -8.4% | £326,914 |
| April 2008 | 1.1% | £356,726 |
| April 2007 | 0% | £352,722 |
Rental Market Trendsin NE3 5LP
The current average rental value in the postcode is £2,158.
The NE3 5LP Rental Market has increased by 62.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £2,158pcm |
| April 2025 | 6.6% | £2,100pcm |
| April 2024 | 7% | £1,970pcm |
| April 2023 | 13.2% | £1,841pcm |
| April 2022 | 9.7% | £1,627pcm |
| April 2021 | 4% | £1,483pcm |
| April 2020 | 2.1% | £1,425pcm |
| April 2019 | 2.7% | £1,396pcm |
| April 2018 | 1.7% | £1,360pcm |
| April 2017 | 0.8% | £1,338pcm |
| April 2016 | 2.2% | £1,328pcm |
| April 2015 | 3.2% | £1,299pcm |
| April 2014 | 2% | £1,258pcm |
| April 2013 | 3.7% | £1,234pcm |
| April 2012 | 1.3% | £1,190pcm |
| April 2011 | 2.5% | £1,174pcm |
| April 2010 | 3.3% | £1,146pcm |
| April 2009 | -2.9% | £1,109pcm |
| April 2008 | 0.8% | £1,142pcm |
| April 2007 | 0% | £1,133pcm |
Explore Propertiesin NE3 5LP, Flaxby Close, Newcastle Upon Tyne, NE3
- 1, Flaxby Close, Newcastle Upon Tyne, NE3 5LP
- 2, Flaxby Close, Newcastle Upon Tyne, NE3 5LP5 bed house
- 3, Flaxby Close, Newcastle Upon Tyne, NE3 5LP
- 4, Flaxby Close, Newcastle Upon Tyne, NE3 5LP
- 5, Flaxby Close, Newcastle Upon Tyne, NE3 5LP
- 6, Flaxby Close, Newcastle Upon Tyne, NE3 5LP
- 7, Flaxby Close, Newcastle Upon Tyne, NE3 5LP
Sales Historyin NE3 5LP
The last sale was on 18th June 2010 for £365,000 and since then the market in the area has increased by 52.5%. The postcode has had a total of 8 sales since 1995.
NE3 5LP has seen no sales in the last three years and no sales in the last twelve months.
Sold Jun 2010£365,000 | 5 Bed HouseFlaxby Close2, Flaxby Close, Newcastle Upon Tyne, NE3 5LP
Sold Nov 2006£322,500 | 5 Bed HouseFlaxby Close1, Flaxby Close, Newcastle Upon Tyne, NE3 5LP
Sold Jul 2003£330,000 | 4 Bed HouseFlaxby Close6, Flaxby Close, Newcastle Upon Tyne, NE3 5LP
Sold Mar 2002£200,000 | 5 Bed HouseFlaxby Close2, Flaxby Close, Newcastle Upon Tyne, NE3 5LP
Sold Nov 2001£225,000 | 4 Bed HouseFlaxby Close6, Flaxby Close, Newcastle Upon Tyne, NE3 5LP
Sold Jan 2000£230,000 | 6 Bed HouseFlaxby Close3, Flaxby Close, Newcastle Upon Tyne, NE3 5LP
Sold Sep 1998£174,000 | 4 Bed HouseFlaxby Close7, Flaxby Close, Newcastle Upon Tyne, NE3 5LP
Sold Aug 1996£125,000 | 4 Bed HouseFlaxby Close4, Flaxby Close, Newcastle Upon Tyne, NE3 5LP
Nearby Postcodesto NE3 5LP
NE3 5LP is the 159th largest and the 933rd most expensive postcode out of the 1,091 postcodes in the NE3 area.
- 77 mNE3 5JE, Swainby Close, Newcastle Upon Tyne, NE3NE3 5JE21 Addresses
- 88 mNE3 5LL, Willerby Drive, Newcastle Upon Tyne, NE3NE3 5LL18 Addresses
- 96 mNE3 5LG, Exelby Close, Newcastle Upon Tyne, NE3NE3 5LG12 Addresses
- 115 mNE3 5LU, Whitebridge Parkway, Newcastle Upon Tyne, NE3NE3 5LU23 Addresses
- 155 mNE3 5LS, Saxilby Drive, Newcastle Upon Tyne, NE3NE3 5LS19 Addresses
- 160 mNE3 5JB, Sinderby Close, Newcastle Upon Tyne, NE3NE3 5JB19 Addresses
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Property Typesin NE3 5LP
- 1 house of an unknown age
- 6 other addresses of unknown type
- house (1)
- Unknown (6)
Energy Efficiencyof properties in NE3 5LP
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The dominant rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (7)
Top 3 Most Expensive Saleson Flaxby Close
Schools Nearbyto NE3 5LP
The nearest primary school to NE3 5LP is Gosforth Park First School which is 435 metres away.
- 435mGosforth Park First School
- 528mSt Oswald's Catholic Primary School, Gosforth
- 1.2kmGrange First School
The nearest secondary school is Gosforth Academy which is 1.1 kilometres away.
- 1.1kmGosforth Academy
- 2.0kmSt Mary's Catholic School
- 2.6kmLongbenton High School
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Public Transport Nearbyto NE3 5LP
The closest station to NE3 5LP is Manors station which is 5.4 kilometres away.
- 5.4kmManors
- 5.9kmNewcastle
- 6.1kmNorthumberland Park (Tyne & Wear)
- 7.5kmCramlington
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