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Postcode Overview
of NE15 8RH
NE15 8RH is a residential postcode located on Wellington Street, Lemington, Newcastle Upon Tyne, NE15. It is the 747th largest postcode in the NE15 area.
It contains 32 houses and the most common type of property is a period house built between 1800 and 1911.
Average property prices
in NE15 8RH
The average house value is £95,494. Sales values have increased in the last 12 months by 0.6% and Rental values have increased by 8.9%.
Property sale values range from £85,481 for a freehold house, with 2 bedrooms split across 657 square feet of gross internal area and has a garden to £189,149 for a freehold house, with 3 bedrooms split across 818 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE15 8RH is £122/ft2.
Properties achieve a rental yield of between 6.4% and 8.2%, and rental values range from £582 to £1,014 per month.
Recent sales
within NE15 8RH
The last sale was 10 Nov 2023 for £100,000 and since then the market in the area as increased by 4.5%. The postcode has had a total of 4 sales since 1995.
NE15 8RH has seen 4 sales in the last three years and 2 sales in the last twelve months.
Nearby postcodes
to NE15 8RH
NE15 8RH is the 747th largest and the 151st most expensive postcode out of the 887 postcodes in the NE15 area.
Property types
in NE15 8RH
NE15 8RH is a residential postcode located on Wellington Street, Lemington, Newcastle Upon Tyne, NE15 with 32 houses within its bounds.
The most common property type in NE15 8RH is a period house built between 1800 and 1911.
Energy Efficiency
of properties within NE15 8RH
The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to NE15 8RH
Public transport nearby
to NE15 8RH
The closest station to NE15 8RH is Blaydon station which is 1.3 km away.
