Gainsborough Grove - NE4 5PJ
Key Postcode Insights
NE4 5PJ is a residential postcode situated on Gainsborough Grove, Newcastle Upon Tyne, NE4 with 61 addresses.
It ranks as the 1757th largest and 424th most expensive of the 1,834 postcodes in the NE4 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 61 properties: 10 houses and 51 flats.
- Ave. Sale Price
- £111,846
- 10 Year change
- up 19.2%
- Ave. Rental Price
- £821pcm
- 10 Year change
- up 58.4%
- Ave. £ per ft²
- £129/ft²
- Ave. Gross Yield
- 8.8%/year/yr
Key Postcode Insights
NE4 5PJ is a residential postcode situated on Gainsborough Grove, Newcastle Upon Tyne, NE4 with 61 addresses.
It ranks as the 1757th largest and 424th most expensive of the 1,834 postcodes in the NE4 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 61 properties: 10 houses and 51 flats.
- Ave. Sale Price
- £111,846
- 10 Year change
- up 19.2%
- Ave. Rental Price
- £821pcm
- 10 Year change
- up 58.4%
- Ave. £ per ft²
- £129/ft²
- Ave. Gross Yield
- 8.8%/year/yr
Explore Propertiesin NE4 5PJ
- 60 Gainsborough Grove
2 Bed Period Flat
- 61 Gainsborough Grove
2 Bed Period Flat
- 62 Gainsborough Grove
2 Bed Period Flat
- 63 Gainsborough Grove
3 Bed Period Flat
- 64 Gainsborough Grove
3 Bed Period Flat
Sales Market Trends
The last sale in NE4 5PJ sold for £175,000 on 24th May 2024. Since then prices are up an average of 18.2%.
The current average value in the postcode is £111,846.
The NE4 5PJ Sales Market has increased by 19.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £111,846 |
| June 2025 | 5.1% | £111,215 |
| June 2024 | -1.1% | £105,865 |
| June 2023 | 1.5% | £107,094 |
| June 2022 | 6.3% | £105,501 |
| June 2021 | 2.2% | £99,255 |
| June 2020 | 2.6% | £97,094 |
| June 2019 | 1.5% | £94,634 |
| June 2018 | -0.6% | £93,255 |
| June 2017 | 0% | £93,833 |
| June 2016 | 3.6% | £93,809 |
| June 2015 | 4.6% | £90,587 |
| June 2014 | 2.1% | £86,627 |
| June 2013 | 1.4% | £84,823 |
| June 2012 | -1.9% | £83,644 |
| June 2011 | -2.3% | £85,267 |
| June 2010 | 2.9% | £87,285 |
| June 2009 | -10% | £84,811 |
| June 2008 | -3.4% | £94,201 |
| June 2007 | 0% | £97,478 |
Rental Market Trends
The current average rental value in the postcode is £821.
The NE4 5PJ Rental Market has increased by 58.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £821pcm |
| June 2025 | 5.5% | £795pcm |
| June 2024 | 9.1% | £753pcm |
| June 2023 | 10.9% | £691pcm |
| June 2022 | 10% | £622pcm |
| June 2021 | 4.6% | £566pcm |
| June 2020 | 2.5% | £541pcm |
| June 2019 | 1% | £528pcm |
| June 2018 | 0.1% | £523pcm |
| June 2017 | 0.8% | £522pcm |
| June 2016 | 1.6% | £518pcm |
| June 2015 | 2.1% | £510pcm |
| June 2014 | 1.7% | £500pcm |
| June 2013 | 0.4% | £491pcm |
| June 2012 | 0.8% | £490pcm |
| June 2011 | 1.7% | £486pcm |
| June 2010 | 2.4% | £478pcm |
| June 2009 | -3.4% | £466pcm |
| June 2008 | -1% | £483pcm |
| June 2007 | 0% | £487pcm |
Sales History
The last sale was on 24th May 2024 for £175,000 and since then the market in the area has increased by 18.2%. The postcode has had a total of 67 sales since 1995.
NE4 5PJ has seen 6 sales in the last three years and no sales in the last twelve months.
- Sold May 2024£175,000 | 4 Bed Flat65, Gainsborough Grove, Newcastle Upon Tyne, NE4 5PJ65, Gainsborough Grove, Newcastle Upon Tyne, NE4 5PJ
- Sold Jan 2024£157,000 | 4 Bed Flat65, Gainsborough Grove, Newcastle Upon Tyne, NE4 5PJ65, Gainsborough Grove, Newcastle Upon Tyne, NE4 5PJ
- Sold Sep 2023£85,000 | 3 Bed Flat99, Gainsborough Grove, Newcastle Upon Tyne, NE4 5PJ99, Gainsborough Grove, Newcastle Upon Tyne, NE4 5PJ
- Sold Sep 2023£85,000 | 2 Bed Flat88, Gainsborough Grove, Newcastle Upon Tyne, NE4 5PJ88, Gainsborough Grove, Newcastle Upon Tyne, NE4 5PJ
- Sold Sep 2023£85,000 | 2 Bed Flat60, Gainsborough Grove, Newcastle Upon Tyne, NE4 5PJ60, Gainsborough Grove, Newcastle Upon Tyne, NE4 5PJ
Nearby Postcodes
NE4 5PJ is the 1757th largest and the 424th most expensive postcode out of the 1,834 postcodes in the NE4 area.
- NE4 5PE, Sidney Grove, Newcastle Upon Tyne, NE4NE4 5PE71 Addresses|43 m away
- NE4 5NT, Brighton Grove, Newcastle Upon Tyne, NE4NE4 5NT81 Addresses|101 m away
- NE4 5PA, Studley Terrace, Newcastle Upon Tyne, NE4NE4 5PA6 Addresses|115 m away
- NE4 5PB, Fenham Road, Newcastle Upon Tyne, NE4NE4 5PB14 Addresses|130 m away
- NE4 5NU, Brighton Grove, Newcastle Upon Tyne, NE4NE4 5NU1 Addresses|146 m away
Property Types
- 4 period houses built between 1800 and 1911
- 48 period flats built between 1800 and 1911
- 1 house of an unknown age
- 8 other addresses of unknown type
- period house (4)
- period flat (48)
- house (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 55 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (29)
- G (0)
- D (25)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold May 2024£195,000 | 4 Bed House7, Gainsborough Grove, Newcastle Upon Tyne, NE4 5PH7, Gainsborough Grove, Newcastle Upon Tyne, NE4 5PH
- Sold Jun 2024£195,000 | 4 Bed House5, Gainsborough Grove, Newcastle Upon Tyne, NE4 5PH5, Gainsborough Grove, Newcastle Upon Tyne, NE4 5PH
- Sold Nov 2020£182,500 | 3 Bed Flat11, Gainsborough Grove, Newcastle Upon Tyne, NE4 5PH11, Gainsborough Grove, Newcastle Upon Tyne, NE4 5PH
Schools Nearby
- Wingrove Primary School500 m away
- Moorside Primary School500 m away
- Westgate Hill Primary Academy600 m away
- Sacred Heart Catholic High School1.1 km away
- St Cuthbert's High School2.1 km away
- North East Futures UTC2.2 km away
More reading links
Public Transport Nearby
The closest station to NE4 5PJ is Newcastle station, which is 2.0 kilometres away.
- Newcastle|2.0 km away
- Manors|2.5 km away
- MetroCentre|2.7 km away
- Dunston|3.2 km away
