Gorse Hill Way - NE5 3UB
Key Postcode Insights
NE5 3UB is a residential postcode situated on Gorse Hill Way, Newcastle Upon Tyne, NE5 with 24 addresses.
It ranks as the 1185th largest and 76th 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 24 properties: 24 flats.
- Ave. Sale Price
- £59,870
- 10 Year change
- up 16.4%
- Ave. Rental Price
- £463pcm
- 10 Year change
- up 47.1%
- Ave. £ per ft²
- £108/ft²
- Ave. Gross Yield
- 9.3%/year/yr
Key Postcode Insights
NE5 3UB is a residential postcode situated on Gorse Hill Way, Newcastle Upon Tyne, NE5 with 24 addresses.
It ranks as the 1185th largest and 76th 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 24 properties: 24 flats.
- Ave. Sale Price
- £59,870
- 10 Year change
- up 16.4%
- Ave. Rental Price
- £463pcm
- 10 Year change
- up 47.1%
- Ave. £ per ft²
- £108/ft²
- Ave. Gross Yield
- 9.3%/year/yr
Explore Propertiesin NE5 3UB
- 1 Gorse Hill Way
Flat
- 3 Gorse Hill Way
3 Bed Flat
- 5 Gorse Hill Way
2 Bed Mid-century Flat
- 7 Gorse Hill Way
Flat
- 9 Gorse Hill Way
2 Bed Mid-century Flat
Sales Market Trends
The last sale in NE5 3UB sold for £50,000 on 10th September 2021. Since then prices are up an average of 9.6%.
The current average value in the postcode is £59,870.
The NE5 3UB Sales Market has increased by 16.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £59,870 |
| June 2025 | 2.7% | £60,139 |
| June 2024 | 0.3% | £58,564 |
| June 2023 | 0.3% | £58,361 |
| June 2022 | 8.2% | £58,188 |
| June 2021 | 2.9% | £53,794 |
| June 2020 | 0.9% | £52,279 |
| June 2019 | 4.3% | £51,798 |
| June 2018 | -2.5% | £49,657 |
| June 2017 | -1% | £50,926 |
| June 2016 | 1% | £51,425 |
| June 2015 | 2.7% | £50,919 |
| June 2014 | 3.4% | £49,580 |
| June 2013 | -0.6% | £47,941 |
| June 2012 | -2.5% | £48,245 |
| June 2011 | -3.4% | £49,500 |
| June 2010 | -0.1% | £51,267 |
| June 2009 | -12.9% | £51,306 |
| June 2008 | -4.1% | £58,900 |
| June 2007 | 0% | £61,428 |
Rental Market Trends
The current average rental value in the postcode is £463.
The NE5 3UB Rental Market has increased by 47.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.4% | £463pcm |
| June 2025 | 6.2% | £456pcm |
| June 2024 | 8.7% | £430pcm |
| June 2023 | 8% | £395pcm |
| June 2022 | 10.9% | £366pcm |
| June 2021 | 4.4% | £330pcm |
| June 2020 | 1.8% | £316pcm |
| June 2019 | 1.3% | £311pcm |
| June 2018 | -1.8% | £307pcm |
| June 2017 | -0.8% | £312pcm |
| June 2016 | 0% | £315pcm |
| June 2015 | 0.5% | £315pcm |
| June 2014 | 0% | £313pcm |
| June 2013 | -1% | £313pcm |
| June 2012 | -1.6% | £316pcm |
| June 2011 | -1.3% | £321pcm |
| June 2010 | -0.2% | £325pcm |
| June 2009 | -3.2% | £326pcm |
| June 2008 | -2.4% | £337pcm |
| June 2007 | 0% | £345pcm |
Sales History
The last sale was on 10th September 2021 for £50,000 and since then the market in the area has increased by 9.6%. The postcode has had a total of 5 sales since 1995.
NE5 3UB has seen no sales in the last three years and no sales in the last twelve months.
- Sold Sep 2021£50,000 | 2 Bed Flat47, Gorse Hill Way, Newcastle Upon Tyne, NE5 3UB47, Gorse Hill Way, Newcastle Upon Tyne, NE5 3UB
- Sold Jul 2015£66,500 | 3 Bed Flat3, Gorse Hill Way, Newcastle Upon Tyne, NE5 3UB3, Gorse Hill Way, Newcastle Upon Tyne, NE5 3UB
- Sold Oct 2012£68,000 | 2 Bed Flat37, Gorse Hill Way, Newcastle Upon Tyne, NE5 3UB37, Gorse Hill Way, Newcastle Upon Tyne, NE5 3UB
- Sold Jan 2007£82,000 | 3 Bed Flat3, Gorse Hill Way, Newcastle Upon Tyne, NE5 3UB3, Gorse Hill Way, Newcastle Upon Tyne, NE5 3UB
- Sold Jul 2005£60,000 | 3 Bed Flat3, Gorse Hill Way, Newcastle Upon Tyne, NE5 3UB3, Gorse Hill Way, Newcastle Upon Tyne, NE5 3UB
Nearby Postcodes
NE5 3UB is the 1185th largest and the 76th most expensive postcode out of the 1,834 postcodes in the NE5 area.
- NE5 3YB, Elsworth Green, Newcastle Upon Tyne, NE5NE5 3YB10 Addresses|61 m away
- NE5 3UE, Colebridge Close, Newcastle Upon Tyne, NE5NE5 3UE36 Addresses|73 m away
- NE5 3UF, Creland Way, Newcastle Upon Tyne, NE5NE5 3UF12 Addresses|121 m away
- NE5 3UD, Gorse Hill Way, Newcastle Upon Tyne, NE5NE5 3UD21 Addresses|135 m away
- NE5 3TQ, Cragston Avenue, Newcastle Upon Tyne, NE5NE5 3TQ8 Addresses|154 m away
Property Types
- 16 mid-century flats built between 1936 and 1979
- 1 flat of an unknown age
- 7 other addresses of unknown type
- mid-century flat (16)
- flat (1)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (12)
- G (0)
- D (3)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Dec 2024£110,250 | 2 Bed House57, Gorse Hill Way, Newcastle Upon Tyne, NE5 3UD57, Gorse Hill Way, Newcastle Upon Tyne, NE5 3UD
- Sold Aug 2005£110,000 | 3 Bed House87, Gorse Hill Way, Newcastle Upon Tyne, NE5 3UD87, Gorse Hill Way, Newcastle Upon Tyne, NE5 3UD
- Sold Jan 2022£110,000 | 3 Bed House71, Gorse Hill Way, Newcastle Upon Tyne, NE5 3UD71, Gorse Hill Way, Newcastle Upon Tyne, NE5 3UD
Schools Nearby
- Kenton Bar Primary School700 m away
- Hilton Primary Academy700 m away
- Thomas Walling Primary Academy900 m away
- Kenton School1.0 km away
- Callerton Academy2.0 km away
- Studio West2.0 km away
More reading links
Public Transport Nearby
The closest station to NE5 3UB is MetroCentre station, which is 4.6 kilometres away.
- MetroCentre|4.6 km away
- Blaydon|4.7 km away
- Newcastle|4.8 km away
- Manors|5.1 km away
