Park Drive - NE3 5QB
Key Street Insights
Park Drive is a residential street with 35 addresses.
It ranks as the 523rd largest and 646th most expensive of the 759 streets in the NE3 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 35 properties: 35 houses.
- Ave. Sale Price
- £498,857
- 10 Year change
- up 26.7%
- Ave. Rental Price
- £2,002pcm
- 10 Year change
- up 60.0%
- Ave. £ per ft²
- £298/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Street Insights
Park Drive is a residential street with 35 addresses.
It ranks as the 523rd largest and 646th most expensive of the 759 streets in the NE3 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 35 properties: 35 houses.
- Ave. Sale Price
- £498,857
- 10 Year change
- up 26.7%
- Ave. Rental Price
- £2,002pcm
- 10 Year change
- up 60.0%
- Ave. £ per ft²
- £298/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertieson Park Drive, Melton Park, Newcastle Upon Tyne, NE3
- 1 Park Drive
4 Bed Mid-century House
- 2 Park Drive
5 Bed Mid-century House
- 3 Park Drive
4 Bed Mid-century House
- 4 Park Drive
4 Bed Mid-century House
- 5 Park Drive
House
Sales Market Trends
The last sale on Park Drive sold for £542,000 on 27th March 2025. Since then prices are up an average of 1.4%.
The current average value in the street is £498,857.
The Park Drive Sales Market has increased by 26.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £498,857 |
| June 2025 | 4.2% | £499,566 |
| June 2024 | 2.7% | £479,328 |
| June 2023 | 2% | £466,847 |
| June 2022 | 5.6% | £457,554 |
| June 2021 | 3.5% | £433,298 |
| June 2020 | 2.9% | £418,838 |
| June 2019 | 1.1% | £406,850 |
| June 2018 | 1.3% | £402,288 |
| June 2017 | 0.8% | £397,046 |
| June 2016 | 5.2% | £393,779 |
| June 2015 | 5% | £374,408 |
| June 2014 | 3.2% | £356,713 |
| June 2013 | 1.8% | £345,762 |
| June 2012 | -0.4% | £339,531 |
| June 2011 | -0.9% | £340,972 |
| June 2010 | 5.5% | £344,167 |
| June 2009 | -5.1% | £326,306 |
| June 2008 | -0.5% | £343,878 |
| June 2007 | 0% | £345,738 |
Rental Market Trends
The current average rental value in the street is £2,002.
The Park Drive Rental Market has increased by 60.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £2,002pcm |
| June 2025 | 5.4% | £1,969pcm |
| June 2024 | 7.5% | £1,869pcm |
| June 2023 | 11.9% | £1,739pcm |
| June 2022 | 10.8% | £1,553pcm |
| June 2021 | 4.9% | £1,402pcm |
| June 2020 | 2.2% | £1,337pcm |
| June 2019 | 2.2% | £1,308pcm |
| June 2018 | 1.2% | £1,280pcm |
| June 2017 | 1.1% | £1,265pcm |
| June 2016 | 1.8% | £1,251pcm |
| June 2015 | 2.7% | £1,229pcm |
| June 2014 | 1.7% | £1,197pcm |
| June 2013 | 0.8% | £1,176pcm |
| June 2012 | 0.7% | £1,167pcm |
| June 2011 | 0.5% | £1,159pcm |
| June 2010 | 5.7% | £1,154pcm |
| June 2009 | -1.7% | £1,092pcm |
| June 2008 | 0.3% | £1,110pcm |
| June 2007 | 0% | £1,107pcm |
Sales History
The last sale was on 27th March 2025 for £542,000 and since then the market in the area has increased by 1.4%. The street has had a total of 34 sales since 1995.
Park Drive, Melton Park, Newcastle Upon Tyne, NE3 has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£542,000 | 5 Bed House2, Park Drive, Newcastle Upon Tyne, NE3 5QB2, Park Drive, Newcastle Upon Tyne, NE3 5QB
- Sold Mar 2025£699,950 | 5 Bed House36, Park Drive, Newcastle Upon Tyne, NE3 5QB36, Park Drive, Newcastle Upon Tyne, NE3 5QB
- Sold May 2024£428,500 | 4 Bed House4, Park Drive, Newcastle Upon Tyne, NE3 5QB4, Park Drive, Newcastle Upon Tyne, NE3 5QB
- Sold Apr 2021£386,500 | 4 Bed House7, Park Drive, Newcastle Upon Tyne, NE3 5QB7, Park Drive, Newcastle Upon Tyne, NE3 5QB
- Sold Nov 2020£535,000 | 5 Bed House10, Park Drive, Newcastle Upon Tyne, NE3 5QB10, Park Drive, Newcastle Upon Tyne, NE3 5QB
Top 3 Most Expensive Sales
- Sold Dec 2019£756,250 | 5 Bed House28, Park Drive, Newcastle Upon Tyne, NE3 5QB28, Park Drive, Newcastle Upon Tyne, NE3 5QB
- Sold Mar 2025£699,950 | 5 Bed House36, Park Drive, Newcastle Upon Tyne, NE3 5QB36, Park Drive, Newcastle Upon Tyne, NE3 5QB
- Sold Mar 2025£542,000 | 5 Bed House2, Park Drive, Newcastle Upon Tyne, NE3 5QB2, Park Drive, Newcastle Upon Tyne, NE3 5QB
Nearby Streets
Park Drive, Melton Park, Newcastle Upon Tyne, NE3 is the 523rd largest and the 646th most expensive street in the NE3 area.
- Brackenside, Newcastle Upon Tyne, NE34 Addresses|103 m away
- Fencer Hill Square, Gosforth, Newcastle Upon Tyne, NE319 Addresses|137 m away
- Newlands Avenue, Newcastle Upon Tyne, NE379 Addresses|154 m away
- Bowfield Avenue, Newcastle Upon Tyne, NE33 Addresses|158 m away
- Kingsley Avenue, Newcastle Upon Tyne, NE345 Addresses|159 m away
- Chapel Close, Newcastle Upon Tyne, NE310 Addresses|192 m away
Property Types
- 1 modern house built after 1980
- 10 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 3 early-century houses built between 1912 and 1935
- 19 other addresses of unknown type
- modern house (1)
- mid-century house (10)
- house (2)
- early-century house (3)
- Unknown (19)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (6)
- G (0)
- D (6)
- No EPC (21)
Schools Nearby
- Gosforth Park First School700 m away
- St Oswald's Catholic Primary School, Gosforth800 m away
- Grange First School1.3 km away
- Gosforth Academy1.3 km away
- St Mary's Catholic School2.5 km away
- Longbenton High School3.0 km away
More reading links
Public Transport Nearby
The closest station to Park Drive, Melton Park, Newcastle Upon Tyne, NE3 - NE3 5QB is Manors station, which is 5.8 kilometres away.
- Manors|5.8 km away
- Newcastle|6.2 km away
- Northumberland Park (Tyne & Wear)|6.4 km away
