Chestnut Avenue - NE5 3BP
Key Postcode Insights
NE5 3BP is a residential postcode situated on Chestnut Avenue, Newcastle Upon Tyne, NE5 with 30 addresses.
It ranks as the 1365th largest and 232nd most expensive of the 1,834 postcodes in the NE5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 30 properties: 17 houses and 13 flats.
- Ave. Sale Price
- £71,909
- 10 Year change
- up 23.2%
- Ave. Rental Price
- £538pcm
- 10 Year change
- up 55.7%
- Ave. £ per ft²
- £107/ft²
- Ave. Gross Yield
- 9.0%/year/yr
Key Postcode Insights
NE5 3BP is a residential postcode situated on Chestnut Avenue, Newcastle Upon Tyne, NE5 with 30 addresses.
It ranks as the 1365th largest and 232nd most expensive of the 1,834 postcodes in the NE5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 30 properties: 17 houses and 13 flats.
- Ave. Sale Price
- £71,909
- 10 Year change
- up 23.2%
- Ave. Rental Price
- £538pcm
- 10 Year change
- up 55.7%
- Ave. £ per ft²
- £107/ft²
- Ave. Gross Yield
- 9.0%/year/yr
Explore Propertiesin NE5 3BP
- 37 Chestnut Avenue
2 Bed Mid-century Flat
- 39 Chestnut Avenue
1 Bed Mid-century Flat
- 40 Chestnut Avenue
Unknown
- 41 Chestnut Avenue
3 Bed Mid-century House
- 42 Chestnut Avenue
3 Bed Period House
Sales Market Trends
The last sale in NE5 3BP sold for £35,000 on 27th March 2025. Since then prices are up an average of 5.3%.
The current average value in the postcode is £71,909.
The NE5 3BP Sales Market has increased by 23.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £71,909 |
| June 2025 | 4.1% | £71,893 |
| June 2024 | 0.8% | £69,075 |
| June 2023 | 0.7% | £68,496 |
| June 2022 | 8.7% | £68,033 |
| June 2021 | 4.1% | £62,614 |
| June 2020 | 1.4% | £60,174 |
| June 2019 | 3.5% | £59,361 |
| June 2018 | -1.2% | £57,361 |
| June 2017 | -0.6% | £58,049 |
| June 2016 | 1.9% | £58,387 |
| June 2015 | 3% | £57,325 |
| June 2014 | 3.2% | £55,646 |
| June 2013 | -0.1% | £53,937 |
| June 2012 | -2.2% | £54,002 |
| June 2011 | -3.7% | £55,222 |
| June 2010 | 0.2% | £57,354 |
| June 2009 | -12.5% | £57,234 |
| June 2008 | -3.5% | £65,433 |
| June 2007 | 0% | £67,790 |
Rental Market Trends
The current average rental value in the postcode is £538.
The NE5 3BP Rental Market has increased by 55.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £538pcm |
| June 2025 | 6.6% | £527pcm |
| June 2024 | 8.8% | £494pcm |
| June 2023 | 8.8% | £454pcm |
| June 2022 | 12.1% | £418pcm |
| June 2021 | 5.3% | £373pcm |
| June 2020 | 1.7% | £354pcm |
| June 2019 | 1.4% | £348pcm |
| June 2018 | -0.5% | £343pcm |
| June 2017 | -0.2% | £345pcm |
| June 2016 | 0.2% | £346pcm |
| June 2015 | 0.9% | £345pcm |
| June 2014 | 0.6% | £342pcm |
| June 2013 | -0.6% | £340pcm |
| June 2012 | -1% | £342pcm |
| June 2011 | -1.3% | £346pcm |
| June 2010 | -0.2% | £350pcm |
| June 2009 | -4.1% | £351pcm |
| June 2008 | -2% | £366pcm |
| June 2007 | 0% | £373pcm |
Sales History
The last sale was on 27th March 2025 for £35,000 and since then the market in the area has increased by 5.3%. The postcode has had a total of 40 sales since 1995.
NE5 3BP has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2025£35,000 | 2 Bed Flat49, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BP49, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BP
- Sold Oct 2022£39,000 | 1 Bed Flat69, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BP69, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BP
- Sold Sep 2022£65,000 | 2 Bed Flat53, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BP53, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BP
- Sold Oct 2020£41,000 | 2 Bed Flat55, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BP55, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BP
- Sold Mar 2019£60,250 | 3 Bed House73, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BP73, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BP
Nearby Postcodes
NE5 3BP is the 1365th largest and the 232nd most expensive postcode out of the 1,834 postcodes in the NE5 area.
- NE5 3BY, Ponteland Road, Cowgate, Newcastle Upon Tyne, NE5NE5 3BY16 Addresses|43 m away
- NE5 3BL, Whitethorn Crescent, Newcastle Upon Tyne, NE5NE5 3BL16 Addresses|76 m away
- NE5 3BN, Whitethorn Crescent, Newcastle Upon Tyne, NE5NE5 3BN11 Addresses|87 m away
- NE5 3BW, High Moor Court, Newcastle Upon Tyne, NE5NE5 3BW43 Addresses|89 m away
- NE5 3BH, Greenhill View, Newcastle Upon Tyne, NE5NE5 3BH23 Addresses|94 m away
Property Types
- 7 period houses built between 1800 and 1911
- 4 modern flats built after 1980
- 6 mid-century houses built between 1936 and 1979
- 8 mid-century flats built between 1936 and 1979
- 3 early-century houses built between 1912 and 1935
- 2 other addresses of unknown type
- period house (7)
- modern flat (4)
- mid-century house (6)
- mid-century flat (8)
- early-century house (3)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 28 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (8)
- G (0)
- D (16)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Nov 2003£100,000 | 3 Bed House101, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BQ101, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BQ
- Sold Dec 2007£99,000 | 3 Bed House73, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BP73, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BP
- Sold Mar 2024£85,000 | 3 Bed House70, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BQ70, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BQ
Schools Nearby
- English Martyrs' Catholic Primary School, Fenham900 m away
- Thomas Walling Primary Academy900 m away
- Sacred Heart Primary School1.1 km away
- Sacred Heart Catholic High School1.2 km away
- Kenton School1.3 km away
- St Cuthbert's High School2.0 km away
More reading links
Public Transport Nearby
The closest station to NE5 3BP is Newcastle station, which is 3.7 kilometres away.
- Newcastle|3.7 km away
- MetroCentre|3.8 km away
- Manors|4.0 km away
- Blaydon|4.7 km away
