Queensway - NE3 5NR
Key Postcode Insights
NE3 5NR is a residential postcode situated on Queensway, Gosforth, Newcastle Upon Tyne, NE3 with 6 addresses.
It ranks as the 142nd largest and 980th most expensive of the 1,092 postcodes in the NE3 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £612,931
- 10 Year change
- up 26.0%
- Ave. Rental Price
- £2,330pcm
- 10 Year change
- up 59.7%
- Ave. £ per ft²
- £295/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
NE3 5NR is a residential postcode situated on Queensway, Gosforth, Newcastle Upon Tyne, NE3 with 6 addresses.
It ranks as the 142nd largest and 980th most expensive of the 1,092 postcodes in the NE3 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £612,931
- 10 Year change
- up 26.0%
- Ave. Rental Price
- £2,330pcm
- 10 Year change
- up 59.7%
- Ave. £ per ft²
- £295/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Propertiesin NE3 5NR
- 1A Queensway
4 Bed Mid-century House
- 1B Queensway
Unknown
- 1 Queensway
5 Bed Mid-century House
- 2 Queensway
4 Bed Early-century House
- 3 Queensway
Unknown
Sales Market Trends
The last sale in NE3 5NR sold for £428,000 on 11th July 2024. Since then prices are up an average of 3.6%.
The current average value in the postcode is £612,931.
The NE3 5NR Sales Market has increased by 26.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £612,931 |
| June 2025 | 4% | £613,020 |
| June 2024 | 2.7% | £589,238 |
| June 2023 | 1.7% | £573,818 |
| June 2022 | 5.5% | £564,171 |
| June 2021 | 3.2% | £534,657 |
| June 2020 | 3.1% | £517,839 |
| June 2019 | 1.2% | £502,376 |
| June 2018 | 1.3% | £496,509 |
| June 2017 | 0.8% | £490,298 |
| June 2016 | 5.4% | £486,471 |
| June 2015 | 5% | £461,522 |
| June 2014 | 3.1% | £439,607 |
| June 2013 | 1.9% | £426,418 |
| June 2012 | -0.5% | £418,650 |
| June 2011 | -0.8% | £420,806 |
| June 2010 | 5.1% | £424,005 |
| June 2009 | -4.8% | £403,610 |
| June 2008 | -0.4% | £424,063 |
| June 2007 | 0% | £425,811 |
Rental Market Trends
The current average rental value in the postcode is £2,330.
The NE3 5NR Rental Market has increased by 59.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.7% | £2,330pcm |
| June 2025 | 5.3% | £2,291pcm |
| June 2024 | 7.3% | £2,176pcm |
| June 2023 | 12.1% | £2,028pcm |
| June 2022 | 10.7% | £1,809pcm |
| June 2021 | 4.8% | £1,634pcm |
| June 2020 | 2.3% | £1,559pcm |
| June 2019 | 2.2% | £1,525pcm |
| June 2018 | 1% | £1,492pcm |
| June 2017 | 1.3% | £1,477pcm |
| June 2016 | 1.5% | £1,458pcm |
| June 2015 | 2.8% | £1,437pcm |
| June 2014 | 1.6% | £1,398pcm |
| June 2013 | 0.7% | £1,376pcm |
| June 2012 | 0.6% | £1,367pcm |
| June 2011 | 0.4% | £1,359pcm |
| June 2010 | 5.4% | £1,353pcm |
| June 2009 | -1.3% | £1,284pcm |
| June 2008 | 0% | £1,301pcm |
| June 2007 | 0% | £1,302pcm |
Sales History
The last sale was on 11th July 2024 for £428,000 and since then the market in the area has increased by 3.6%. The postcode has had a total of 10 sales since 1995.
NE3 5NR has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2024£428,000 | 4 Bed House1A, Queensway, Newcastle Upon Tyne, NE3 5NR1A, Queensway, Newcastle Upon Tyne, NE3 5NR
- Sold Aug 2018£522,500 | 4 Bed House2, Queensway, Newcastle Upon Tyne, NE3 5NR2, Queensway, Newcastle Upon Tyne, NE3 5NR
- Sold Sep 2013£592,500 | 6 Bed House1, Queensway, Newcastle Upon Tyne, NE3 5NR1, Queensway, Newcastle Upon Tyne, NE3 5NR
- Sold Mar 2013£550,000 | 5 Bed House5, Queensway, Newcastle Upon Tyne, NE3 5NR5, Queensway, Newcastle Upon Tyne, NE3 5NR
- Sold Aug 2006£326,000 | 5 Bed House3, Queensway, Newcastle Upon Tyne, NE3 5NR3, Queensway, Newcastle Upon Tyne, NE3 5NR
Nearby Postcodes
NE3 5NR is the 142nd largest and the 980th most expensive postcode out of the 1,092 postcodes in the NE3 area.
- NE3 5NP, Princes Road, Newcastle Upon Tyne, NE3NE3 5NP11 Addresses|60 m away
- NE3 5NQ, Queens Court, Gosforth, Newcastle Upon Tyne, NE3NE3 5NQ7 Addresses|78 m away
- NE3 5NE, Polwarth Road, Newcastle Upon Tyne, NE3NE3 5NE47 Addresses|110 m away
- NE3 5NT, Dukes Drive, Newcastle Upon Tyne, NE3NE3 5NT10 Addresses|116 m away
- NE3 5NN, Westwood Road, Newcastle Upon Tyne, NE3NE3 5NN23 Addresses|145 m away
Property Types
- 3 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 2 other addresses of unknown type
- mid-century house (3)
- early-century house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Sep 2013£592,500 | 6 Bed House1, Queensway, Newcastle Upon Tyne, NE3 5NR1, Queensway, Newcastle Upon Tyne, NE3 5NR
- Sold Feb 2017£580,000 | 5 Bed House4, Queensway, Newcastle Upon Tyne, NE3 5NS4, Queensway, Newcastle Upon Tyne, NE3 5NS
- Sold Mar 2013£550,000 | 5 Bed House5, Queensway, Newcastle Upon Tyne, NE3 5NR5, Queensway, Newcastle Upon Tyne, NE3 5NR
Schools Nearby
- Brunton First School1.1 km away
- Gosforth Park First School1.3 km away
- St Oswald's Catholic Primary School, Gosforth1.4 km away
- Gosforth Academy1.7 km away
- St Mary's Catholic School3.1 km away
- Kenton School3.3 km away
More reading links
Public Transport Nearby
The closest station to NE3 5NR is Manors station, which is 6.3 kilometres away.
- Manors|6.3 km away
- Newcastle|6.7 km away
- Northumberland Park (Tyne & Wear)|6.8 km away
- Cramlington|6.8 km away
