Chestnut Avenue - NE5 3BQ
Key Postcode Insights
NE5 3BQ is a residential postcode situated on Chestnut Avenue, Newcastle Upon Tyne, NE5 with 29 addresses.
It ranks as the 1332nd largest and 368th 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 29 properties: 18 houses and 11 flats.
- Ave. Sale Price
- £72,551
- 10 Year change
- up 23.8%
- Ave. Rental Price
- £540pcm
- 10 Year change
- up 56.5%
- Ave. £ per ft²
- £110/ft²
- Ave. Gross Yield
- 8.9%/year/yr
Key Postcode Insights
NE5 3BQ is a residential postcode situated on Chestnut Avenue, Newcastle Upon Tyne, NE5 with 29 addresses.
It ranks as the 1332nd largest and 368th 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 29 properties: 18 houses and 11 flats.
- Ave. Sale Price
- £72,551
- 10 Year change
- up 23.8%
- Ave. Rental Price
- £540pcm
- 10 Year change
- up 56.5%
- Ave. £ per ft²
- £110/ft²
- Ave. Gross Yield
- 8.9%/year/yr
Explore Propertiesin NE5 3BQ
- 62 Chestnut Avenue
Unknown
- 64 Chestnut Avenue
3 Bed Period House
- 66 Chestnut Avenue
3 Bed Early-century House
- 68 Chestnut Avenue
3 Bed Period House
- 70 Chestnut Avenue
3 Bed Early-century House
Sales Market Trends
The last sale in NE5 3BQ sold for £85,000 on 28th March 2024. Since then prices are up an average of 6.4%.
The current average value in the postcode is £72,551.
The NE5 3BQ Sales Market has increased by 23.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £72,551 |
| June 2025 | 4.1% | £72,507 |
| June 2024 | 0.8% | £69,669 |
| June 2023 | 0.8% | £69,116 |
| June 2022 | 8.7% | £68,548 |
| June 2021 | 4.1% | £63,054 |
| June 2020 | 1.4% | £60,560 |
| June 2019 | 3.5% | £59,735 |
| June 2018 | -1.1% | £57,693 |
| June 2017 | -0.5% | £58,322 |
| June 2016 | 1.8% | £58,599 |
| June 2015 | 3% | £57,576 |
| June 2014 | 3.2% | £55,916 |
| June 2013 | -0.1% | £54,199 |
| June 2012 | -2.2% | £54,264 |
| June 2011 | -3.7% | £55,490 |
| June 2010 | 0.2% | £57,632 |
| June 2009 | -12.5% | £57,512 |
| June 2008 | -3.5% | £65,750 |
| June 2007 | 0% | £68,119 |
Rental Market Trends
The current average rental value in the postcode is £540.
The NE5 3BQ Rental Market has increased by 56.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £540pcm |
| June 2025 | 6.6% | £529pcm |
| June 2024 | 8.7% | £496pcm |
| June 2023 | 8.9% | £456pcm |
| June 2022 | 12.1% | £419pcm |
| June 2021 | 5.4% | £374pcm |
| June 2020 | 1.7% | £354pcm |
| June 2019 | 1.5% | £348pcm |
| June 2018 | -0.4% | £343pcm |
| June 2017 | -0.1% | £345pcm |
| June 2016 | 0.1% | £345pcm |
| June 2015 | 0.8% | £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 28th March 2024 for £85,000 and since then the market in the area has increased by 6.4%. The postcode has had a total of 30 sales since 1995.
NE5 3BQ has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2024£85,000 | 3 Bed House70, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BQ70, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BQ
- Sold Mar 2024£35,500 | 2 Bed Flat107, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BQ107, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BQ
- Sold Apr 2021£50,000 | 2 Bed Flat95, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BQ95, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BQ
- Sold Nov 2020£46,000 | 2 Bed Flat99, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BQ99, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BQ
- Sold Nov 2018£69,750 | 3 Bed House103, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BQ103, Chestnut Avenue, Newcastle Upon Tyne, NE5 3BQ
Nearby Postcodes
NE5 3BQ is the 1332nd largest and the 368th most expensive postcode out of the 1,834 postcodes in the NE5 area.
- NE5 3BJ, Whitethorn Crescent, Newcastle Upon Tyne, NE5NE5 3BJ50 Addresses|51 m away
- NE5 3BX, Ponteland Road, Cowgate, Newcastle Upon Tyne, NE5NE5 3BX16 Addresses|52 m away
- NE5 3BH, Greenhill View, Newcastle Upon Tyne, NE5NE5 3BH23 Addresses|74 m away
- NE5 3BT, Ponteland Road, Cowgate, Newcastle Upon Tyne, NE5NE5 3BT5 Addresses|98 m away
- NE5 3BW, High Moor Court, Newcastle Upon Tyne, NE5NE5 3BW43 Addresses|114 m away
Property Types
- 2 period houses built between 1800 and 1911
- 3 modern houses built after 1980
- 2 modern flats built after 1980
- 3 mid-century houses built between 1936 and 1979
- 6 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 3 early-century houses built between 1912 and 1935
- 9 other addresses of unknown type
- period house (2)
- modern house (3)
- modern flat (2)
- mid-century house (3)
- mid-century flat (6)
- house (1)
- early-century house (3)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 20 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (13)
- G (0)
- D (6)
- No EPC (9)
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
- Thomas Walling Primary Academy800 m away
- English Martyrs' Catholic Primary School, Fenham900 m away
- Hilton Primary Academy1.2 km away
- Kenton School1.2 km away
- Sacred Heart Catholic High School1.3 km away
- St Cuthbert's High School2.0 km away
More reading links
Public Transport Nearby
The closest station to NE5 3BQ is Newcastle station, which is 3.8 kilometres away.
- Newcastle|3.8 km away
- MetroCentre|3.9 km away
- Manors|4.1 km away
- Blaydon|4.7 km away
