Fairspring - NE5 2PY
Key Postcode Insights
NE5 2PY is a residential postcode situated on Fairspring, Newcastle Upon Tyne, NE5 with 43 addresses.
It ranks as the 1600th largest and 634th 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 43 properties: 43 houses.
- Ave. Sale Price
- £115,636
- 10 Year change
- up 37.9%
- Ave. Rental Price
- £828pcm
- 10 Year change
- up 73.6%
- Ave. £ per ft²
- £123/ft²
- Ave. Gross Yield
- 8.6%/year/yr
Key Postcode Insights
NE5 2PY is a residential postcode situated on Fairspring, Newcastle Upon Tyne, NE5 with 43 addresses.
It ranks as the 1600th largest and 634th 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 43 properties: 43 houses.
- Ave. Sale Price
- £115,636
- 10 Year change
- up 37.9%
- Ave. Rental Price
- £828pcm
- 10 Year change
- up 73.6%
- Ave. £ per ft²
- £123/ft²
- Ave. Gross Yield
- 8.6%/year/yr
Explore Propertiesin NE5 2PY
- 31 Fairspring
3 Bed Mid-century House
- 33 Fairspring
3 Bed Mid-century House
- 35 Fairspring
House
- 37 Fairspring
3 Bed Mid-century House
- 39 Fairspring
3 Bed Mid-century House
Sales Market Trends
The last sale in NE5 2PY sold for £75,000 on 13th May 2026. Since then prices are up an average of 4.6%.
The current average value in the postcode is £115,636.
The NE5 2PY Sales Market has increased by 37.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.2% | £115,636 |
| June 2025 | 4.5% | £114,247 |
| June 2024 | -0.4% | £109,361 |
| June 2023 | 1.8% | £109,835 |
| June 2022 | 11.6% | £107,892 |
| June 2021 | 6.5% | £96,639 |
| June 2020 | 1.5% | £90,718 |
| June 2019 | 4.7% | £89,356 |
| June 2018 | 0.5% | £85,310 |
| June 2017 | 1.2% | £84,880 |
| June 2016 | 1.4% | £83,871 |
| June 2015 | 3.3% | £82,704 |
| June 2014 | 5.3% | £80,036 |
| June 2013 | 0.1% | £76,019 |
| June 2012 | -1.9% | £75,969 |
| June 2011 | -4.1% | £77,428 |
| June 2010 | 2.4% | £80,712 |
| June 2009 | -14% | £78,786 |
| June 2008 | -3.6% | £91,658 |
| June 2007 | 0% | £95,065 |
Rental Market Trends
The current average rental value in the postcode is £828.
The NE5 2PY Rental Market has increased by 73.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £828pcm |
| June 2025 | 8.1% | £803pcm |
| June 2024 | 8.4% | £743pcm |
| June 2023 | 9.6% | £685pcm |
| June 2022 | 13.9% | £625pcm |
| June 2021 | 7.8% | £549pcm |
| June 2020 | 2.6% | £509pcm |
| June 2019 | 1.7% | £496pcm |
| June 2018 | 0.9% | £488pcm |
| June 2017 | 1.5% | £484pcm |
| June 2016 | 0.7% | £477pcm |
| June 2015 | 1.3% | £473pcm |
| June 2014 | 1.6% | £467pcm |
| June 2013 | 0% | £460pcm |
| June 2012 | -0.9% | £460pcm |
| June 2011 | -1.8% | £464pcm |
| June 2010 | 2.4% | £472pcm |
| June 2009 | -4% | £461pcm |
| June 2008 | -1.8% | £481pcm |
| June 2007 | 0% | £490pcm |
Sales History
The last sale was on 13th May 2026 for £75,000 and since then the market in the area has increased by 4.6%. The postcode has had a total of 47 sales since 1995.
NE5 2PY has seen 5 sales in the last three years and 2 sales in the last twelve months.
- Sold May 2026£75,000 | 3 Bed House95, Fairspring, Newcastle Upon Tyne, NE5 2PY95, Fairspring, Newcastle Upon Tyne, NE5 2PY
- Sold Dec 2025£92,000 | 3 Bed House47, Fairspring, Newcastle Upon Tyne, NE5 2PY47, Fairspring, Newcastle Upon Tyne, NE5 2PY
- Sold Sep 2024£130,000 | 3 Bed House85, Fairspring, Newcastle Upon Tyne, NE5 2PY85, Fairspring, Newcastle Upon Tyne, NE5 2PY
- Sold Nov 2023£85,000 | 3 Bed House85, Fairspring, Newcastle Upon Tyne, NE5 2PY85, Fairspring, Newcastle Upon Tyne, NE5 2PY
- Sold Jan 2023£97,000 | 3 Bed House69, Fairspring, Newcastle Upon Tyne, NE5 2PY69, Fairspring, Newcastle Upon Tyne, NE5 2PY
Nearby Postcodes
NE5 2PY is the 1600th largest and the 634th most expensive postcode out of the 1,834 postcodes in the NE5 area.
- NE5 2RE, Fenton Walk, Newcastle Upon Tyne, NE5NE5 2RE23 Addresses|66 m away
- NE5 2PQ, Fairspring, Newcastle Upon Tyne, NE5NE5 2PQ31 Addresses|94 m away
- NE5 2RH, Forestborn Court, Newcastle Upon Tyne, NE5NE5 2RH12 Addresses|97 m away
- NE5 2RF, Fairnley Walk, Newcastle Upon Tyne, NE5NE5 2RF17 Addresses|114 m away
- NE5 2PU, Fourstones, Newcastle Upon Tyne, NE5NE5 2PU10 Addresses|124 m away
Property Types
- 1 modern house built after 1980
- 30 mid-century houses built between 1936 and 1979
- 12 other addresses of unknown type
- modern house (1)
- mid-century house (30)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 31 properties.
- The most common rating is C.
- A (0)
- E (8)
- B (1)
- F (0)
- C (14)
- G (0)
- D (8)
- No EPC (12)
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 School200 m away
- Farne Primary School600 m away
- Hilton Primary Academy800 m away
- Studio West700 m away
- Callerton Academy1.5 km away
- St Cuthbert's High School2.0 km away
More reading links
Public Transport Nearby
The closest station to NE5 2PY is Blaydon station, which is 3.6 kilometres away.
- Blaydon|3.6 km away
- MetroCentre|4.3 km away
- Newcastle|5.4 km away
- Dunston|5.8 km away
