NE7 7GP is a residential postcode situated on Ramshaw Close, Newcastle Upon Tyne, NE7 with 20 addresses.
It ranks as the 579th largest and 1223rd most expensive of the 1,240 postcodes in the NE7 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 20 properties: 20 houses.
NE7 7GP is a residential postcode situated on Ramshaw Close, Newcastle Upon Tyne, NE7 with 20 addresses.
It ranks as the 579th largest and 1223rd most expensive of the 1,240 postcodes in the NE7 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 20 properties: 20 houses.
Sale prices range from £352,866 for 5 bedroom freehold houses with a garden (2,066 ft2) to £575,996 for 5 bedroom freehold houses with a garden (1,948 ft2) .
Monthly rental prices range from £1,762 pcm for 5 bed houses to £2,244 pcm for 5 bed houses.
The gross rental yield is between 4.7% and 6.0%.
The average value per square foot is £349.
The last sale in NE7 7GP sold for £495,000 on 25th July 2025. Since then prices are down an average of 0.7%.
The current average value in the postcode is £463,718.
The NE7 7GP Sales Market has increased by 32.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.7% | £463,718 |
| April 2025 | 4.4% | £471,595 |
| April 2024 | 0.7% | £451,608 |
| April 2023 | 6.3% | £448,557 |
| April 2022 | 6% | £422,160 |
| April 2021 | 5% | £398,412 |
| April 2020 | 1.8% | £379,485 |
| April 2019 | 2.6% | £372,833 |
| April 2018 | 3% | £363,550 |
| April 2017 | 0.5% | £353,014 |
| April 2016 | 2.8% | £351,099 |
| April 2015 | 4.6% | £341,577 |
| April 2014 | 5.2% | £326,447 |
| April 2013 | 3.5% | £310,287 |
| April 2012 | -1.3% | £299,868 |
| April 2011 | -1.6% | £303,835 |
| April 2010 | 7% | £308,807 |
| April 2009 | -12% | £288,679 |
| April 2008 | -0.9% | £328,198 |
| April 2007 | 0% | £331,177 |
The current average rental value in the postcode is £1,953.
The NE7 7GP Rental Market has increased by 64.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £1,953pcm |
| April 2025 | 6.8% | £1,914pcm |
| April 2024 | 9.1% | £1,793pcm |
| April 2023 | 9.5% | £1,643pcm |
| April 2022 | 12.2% | £1,501pcm |
| April 2021 | 5.8% | £1,338pcm |
| April 2020 | 2.2% | £1,264pcm |
| April 2019 | 1.5% | £1,238pcm |
| April 2018 | 0.8% | £1,220pcm |
| April 2017 | 1.9% | £1,210pcm |
| April 2016 | 3.5% | £1,187pcm |
| April 2015 | 2.5% | £1,147pcm |
| April 2014 | 1.8% | £1,120pcm |
| April 2013 | 4.4% | £1,100pcm |
| April 2012 | 1.1% | £1,054pcm |
| April 2011 | 0.1% | £1,043pcm |
| April 2010 | 6.9% | £1,042pcm |
| April 2009 | -5.3% | £975pcm |
| April 2008 | 3.7% | £1,030pcm |
| April 2007 | 0% | £993pcm |
The last sale was on 25th July 2025 for £495,000 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 39 sales since 1995.
NE7 7GP has seen 3 sales in the last three years and 2 sales in the last twelve months.
NE7 7GP is the 579th largest and the 1223rd most expensive postcode out of the 1,240 postcodes in the NE7 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around NE7 7GP, 49.2% of property is privately owned with a mortgage and 45.2% is privately owned outright.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NE7 7GP, 25.4% of residents are recorded as possessing school level qualifications and 51.5% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE7 7GP, the average age was 41.2 and the most common age was 37.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NE7 7GP, 0.4% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NE7 7GP, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.