Fairspring - NE5 2PQ
Key Postcode Insights
NE5 2PQ is a residential postcode situated on Fairspring, Newcastle Upon Tyne, NE5 with 31 addresses.
It ranks as the 1388th largest and 721st most expensive of the 1,834 postcodes in the NE5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 31 properties: 23 houses and 8 flats.
- Ave. Sale Price
- £104,425
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £752pcm
- 10 Year change
- up 61.1%
- Ave. £ per ft²
- £134/ft²
- Ave. Gross Yield
- 8.6%/year/yr
Key Postcode Insights
NE5 2PQ is a residential postcode situated on Fairspring, Newcastle Upon Tyne, NE5 with 31 addresses.
It ranks as the 1388th largest and 721st most expensive of the 1,834 postcodes in the NE5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 31 properties: 23 houses and 8 flats.
- Ave. Sale Price
- £104,425
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £752pcm
- 10 Year change
- up 61.1%
- Ave. £ per ft²
- £134/ft²
- Ave. Gross Yield
- 8.6%/year/yr
Explore Propertiesin NE5 2PQ
- 2 Fairspring
3 Bed Mid-century House
- 4 Fairspring
3 Bed Mid-century House
- 6 Fairspring
3 Bed Mid-century House
- 8 Fairspring
3 Bed Mid-century House
- 10 Fairspring
3 Bed Mid-century House
Sales Market Trends
The last sale in NE5 2PQ sold for £102,000 on 4th August 2023. Since then prices are up an average of 4.1%.
The current average value in the postcode is £104,425.
The NE5 2PQ Sales Market has increased by 27.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £104,425 |
| June 2025 | 3.8% | £104,120 |
| June 2024 | -0.2% | £100,277 |
| June 2023 | 1% | £100,481 |
| June 2022 | 10.6% | £99,449 |
| June 2021 | 5.1% | £89,881 |
| June 2020 | 0.9% | £85,537 |
| June 2019 | 4.6% | £84,757 |
| June 2018 | -0.8% | £81,036 |
| June 2017 | 0% | £81,658 |
| June 2016 | 1% | £81,632 |
| June 2015 | 2.9% | £80,849 |
| June 2014 | 4.3% | £78,585 |
| June 2013 | -0.6% | £75,332 |
| June 2012 | -2.3% | £75,763 |
| June 2011 | -4% | £77,521 |
| June 2010 | 0.8% | £80,792 |
| June 2009 | -13.8% | £80,134 |
| June 2008 | -3.8% | £92,958 |
| June 2007 | 0% | £96,587 |
Rental Market Trends
The current average rental value in the postcode is £752.
The NE5 2PQ Rental Market has increased by 61.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £752pcm |
| June 2025 | 7.4% | £736pcm |
| June 2024 | 8.6% | £685pcm |
| June 2023 | 8.8% | £631pcm |
| June 2022 | 12.9% | £580pcm |
| June 2021 | 6.3% | £514pcm |
| June 2020 | 2% | £484pcm |
| June 2019 | 1.6% | £474pcm |
| June 2018 | -0.4% | £467pcm |
| June 2017 | 0.3% | £468pcm |
| June 2016 | 0.3% | £467pcm |
| June 2015 | 0.9% | £466pcm |
| June 2014 | 0.7% | £462pcm |
| June 2013 | -0.6% | £459pcm |
| June 2012 | -1.3% | £461pcm |
| June 2011 | -1.7% | £468pcm |
| June 2010 | 0.8% | £476pcm |
| June 2009 | -3.7% | £472pcm |
| June 2008 | -2% | £491pcm |
| June 2007 | 0% | £501pcm |
Sales History
The last sale was on 4th August 2023 for £102,000 and since then the market in the area has increased by 4.1%. The postcode has had a total of 26 sales since 1995.
NE5 2PQ has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Aug 2023£102,000 | 3 Bed House2, Fairspring, Newcastle Upon Tyne, NE5 2PQ2, Fairspring, Newcastle Upon Tyne, NE5 2PQ
- Sold Jul 2023£115,000 | 3 Bed House8, Fairspring, Newcastle Upon Tyne, NE5 2PQ8, Fairspring, Newcastle Upon Tyne, NE5 2PQ
- Sold Feb 2023£128,000 | 3 Bed House18, Fairspring, Newcastle Upon Tyne, NE5 2PQ18, Fairspring, Newcastle Upon Tyne, NE5 2PQ
- Sold Dec 2022£130,000 | 3 Bed House12, Fairspring, Newcastle Upon Tyne, NE5 2PQ12, Fairspring, Newcastle Upon Tyne, NE5 2PQ
- Sold Jun 2022£112,000 | 3 Bed House36, Fairspring, Newcastle Upon Tyne, NE5 2PQ36, Fairspring, Newcastle Upon Tyne, NE5 2PQ
Nearby Postcodes
NE5 2PQ is the 1388th largest and the 721st most expensive postcode out of the 1,834 postcodes in the NE5 area.
- NE5 2LL, West Avenue, Westerhope, Newcastle Upon Tyne, NE5NE5 2LL30 Addresses|52 m away
- NE5 2PY, Fairspring, Newcastle Upon Tyne, NE5NE5 2PY43 Addresses|94 m away
- NE5 2PX, Fairspring, Newcastle Upon Tyne, NE5NE5 2PX15 Addresses|114 m away
- NE5 2PJ, Glantlees, Newcastle Upon Tyne, NE5NE5 2PJ18 Addresses|120 m away
- NE5 2RE, Fenton Walk, Newcastle Upon Tyne, NE5NE5 2RE23 Addresses|130 m away
Property Types
- 21 mid-century houses built between 1936 and 1979
- 8 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century house (21)
- mid-century flat (8)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 29 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (12)
- G (0)
- D (16)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jul 2022£140,000 | 4 Bed House105, Fairspring, Newcastle Upon Tyne, NE5 2PY105, Fairspring, Newcastle Upon Tyne, NE5 2PY
- Sold Jun 2025£140,000 | 3 Bed House23, Fairspring, Newcastle Upon Tyne, NE5 2PX23, Fairspring, Newcastle Upon Tyne, NE5 2PX
- Sold Dec 2022£130,000 | 3 Bed House12, Fairspring, Newcastle Upon Tyne, NE5 2PQ12, Fairspring, Newcastle Upon Tyne, NE5 2PQ
Schools Nearby
- Beech Hill Primary School300 m away
- Farne Primary School500 m away
- Hilton Primary Academy700 m away
- Studio West700 m away
- Callerton Academy1.6 km away
- St Cuthbert's High School2.0 km away
More reading links
Public Transport Nearby
The closest station to NE5 2PQ is Blaydon station, which is 3.7 kilometres away.
- Blaydon|3.7 km away
- MetroCentre|4.3 km away
- Newcastle|5.4 km away
- Manors|5.8 km away
