Ovington Grove - NE5 2QE
Key Postcode Insights
NE5 2QE is a residential postcode situated on Ovington Grove, Newcastle Upon Tyne, NE5 with 49 addresses.
It ranks as the 1667th largest and 401st most expensive of the 1,834 postcodes in the NE5 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 49 properties: 9 houses and 40 flats.
- Ave. Sale Price
- £99,831
- 10 Year change
- up 26.4%
- Ave. Rental Price
- £718pcm
- 10 Year change
- up 60.0%
- Ave. £ per ft²
- £138/ft²
- Ave. Gross Yield
- 8.6%/year/yr
Key Postcode Insights
NE5 2QE is a residential postcode situated on Ovington Grove, Newcastle Upon Tyne, NE5 with 49 addresses.
It ranks as the 1667th largest and 401st most expensive of the 1,834 postcodes in the NE5 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 49 properties: 9 houses and 40 flats.
- Ave. Sale Price
- £99,831
- 10 Year change
- up 26.4%
- Ave. Rental Price
- £718pcm
- 10 Year change
- up 60.0%
- Ave. £ per ft²
- £138/ft²
- Ave. Gross Yield
- 8.6%/year/yr
Explore Propertiesin NE5 2QE
- 115 Ovington Grove
Unknown
- 117 Ovington Grove
3 Bed Mid-century House
- 119 Ovington Grove
3 Bed Mid-century House
- 121 Ovington Grove
Unknown
- 123 Ovington Grove
Unknown
Sales Market Trends
The last sale in NE5 2QE sold for £110,000 on 13th December 2023. Since then prices are up an average of 6.9%.
The current average value in the postcode is £99,831.
The NE5 2QE Sales Market has increased by 26.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £99,831 |
| June 2025 | 3.3% | £99,349 |
| June 2024 | -0.3% | £96,221 |
| June 2023 | 1.5% | £96,528 |
| June 2022 | 9.5% | £95,078 |
| June 2021 | 4.3% | £86,811 |
| June 2020 | 1.4% | £83,212 |
| June 2019 | 5% | £82,073 |
| June 2018 | -1.4% | £78,180 |
| June 2017 | 0.4% | £79,292 |
| June 2016 | 1% | £78,969 |
| June 2015 | 3% | £78,203 |
| June 2014 | 4.4% | £75,896 |
| June 2013 | -0.1% | £72,723 |
| June 2012 | -2.3% | £72,829 |
| June 2011 | -3.5% | £74,529 |
| June 2010 | 1.5% | £77,228 |
| June 2009 | -13.3% | £76,093 |
| June 2008 | -4.1% | £87,752 |
| June 2007 | 0% | £91,504 |
Rental Market Trends
The current average rental value in the postcode is £718.
The NE5 2QE Rental Market has increased by 60.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £718pcm |
| June 2025 | 7% | £702pcm |
| June 2024 | 8.4% | £656pcm |
| June 2023 | 9.2% | £605pcm |
| June 2022 | 12% | £554pcm |
| June 2021 | 6% | £495pcm |
| June 2020 | 2.4% | £467pcm |
| June 2019 | 1.5% | £456pcm |
| June 2018 | -0.5% | £449pcm |
| June 2017 | 0.5% | £451pcm |
| June 2016 | 0.2% | £449pcm |
| June 2015 | 0.8% | £448pcm |
| June 2014 | 0.7% | £444pcm |
| June 2013 | -0.5% | £441pcm |
| June 2012 | -1.3% | £443pcm |
| June 2011 | -1.2% | £449pcm |
| June 2010 | 1.4% | £455pcm |
| June 2009 | -3.2% | £448pcm |
| June 2008 | -2.2% | £463pcm |
| June 2007 | 0% | £474pcm |
Sales History
The last sale was on 13th December 2023 for £110,000 and since then the market in the area has increased by 6.9%. The postcode has had a total of 71 sales since 1995.
NE5 2QE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Dec 2023£110,000 | 3 Bed Flat183, Ovington Grove, Newcastle Upon Tyne, NE5 2QE183, Ovington Grove, Newcastle Upon Tyne, NE5 2QE
- Sold Feb 2022£79,000 | 2 Bed Flat141, Ovington Grove, Newcastle Upon Tyne, NE5 2QE141, Ovington Grove, Newcastle Upon Tyne, NE5 2QE
- Sold Feb 2022£79,000 | 2 Bed Flat139, Ovington Grove, Newcastle Upon Tyne, NE5 2QE139, Ovington Grove, Newcastle Upon Tyne, NE5 2QE
- Sold Jun 2021£70,000 | 2 Bed Flat165, Ovington Grove, Newcastle Upon Tyne, NE5 2QE165, Ovington Grove, Newcastle Upon Tyne, NE5 2QE
- Sold Jun 2021£70,000 | 2 Bed Flat163, Ovington Grove, Newcastle Upon Tyne, NE5 2QE163, Ovington Grove, Newcastle Upon Tyne, NE5 2QE
Nearby Postcodes
NE5 2QE is the 1667th largest and the 401st most expensive postcode out of the 1,834 postcodes in the NE5 area.
- NE5 2QH, Ovington Grove, Newcastle Upon Tyne, NE5NE5 2QH47 Addresses|39 m away
- NE5 2JA, Angerton Gardens, Newcastle Upon Tyne, NE5NE5 2JA52 Addresses|41 m away
- NE4 9SA, Two Ball Lonnen, Newcastle Upon Tyne, NE4NE4 9SA45 Addresses|73 m away
- NE5 2JB, Angerton Gardens, Newcastle Upon Tyne, NE5NE5 2JB54 Addresses|90 m away
- NE4 9RY, Two Ball Lonnen, Newcastle Upon Tyne, NE4NE4 9RY15 Addresses|109 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 1 mid-century flat built between 1936 and 1979
- 2 flats of an unknown age
- 31 early-century flats built between 1912 and 1935
- 13 other addresses of unknown type
- mid-century house (2)
- mid-century flat (1)
- flat (2)
- early-century flat (31)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 34 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (18)
- G (0)
- D (15)
- No EPC (15)
Top 3 Most Expensive Sales
- Sold Mar 2022£210,000 | 4 Bed House7, Ovington Grove, Newcastle Upon Tyne, NE5 2QA7, Ovington Grove, Newcastle Upon Tyne, NE5 2QA
- Sold May 2005£197,500 | 4 Bed House1, Ovington Grove, Newcastle Upon Tyne, NE5 2QA1, Ovington Grove, Newcastle Upon Tyne, NE5 2QA
- Sold Oct 2010£185,000 | 4 Bed House1, Ovington Grove, Newcastle Upon Tyne, NE5 2QA1, Ovington Grove, Newcastle Upon Tyne, NE5 2QA
Schools Nearby
- English Martyrs' Catholic Primary School, Fenham300 m away
- Sacred Heart Primary School600 m away
- Thomas Walling Primary Academy700 m away
- Sacred Heart Catholic High School700 m away
- St Cuthbert's High School1.3 km away
- Kenton School1.9 km away
More reading links
Public Transport Nearby
The closest station to NE5 2QE is MetroCentre station, which is 3.2 kilometres away.
- MetroCentre|3.2 km away
- Newcastle|3.6 km away
- Blaydon|4.0 km away
- Manors|4.0 km away
