NE2 1EU is a residential postcode located on Rosebery Crescent, Newcastle Upon Tyne, NE2. It is the 387th largest postcode in the NE2 area.
It contains 45 residential addresses consisting of 16 houses, 25 flats and 4 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £109,413. Sales values have increased in the last 12 months by 1.8% and Rental values have increased by 8.3%.
Property sale values range from £84,029 for a leasehold flat, with 1 bedrooms split across 334 square feet of gross internal area and has no outside space to £523,755 for a freehold house, with 5 bedrooms split across 1,877 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE2 1EU is £243/ft2.
Properties achieve a rental yield of between 6.5% and 9.2%, and rental values range from £648 to £2,865 per month.
The last sale was 15 Jul 2024 for £420,000 and since then the market in the area has decreased by -0.6%. The postcode has had a total of 4 sales since 1995.
NE2 1EU has seen 2 sales in the last three years and 1 sale in the last twelve months.
NE2 1EU is the 387th largest and the 21st most expensive postcode out of the 482 postcodes in the NE2 area.
NE2 1EU is the 387th largest and the 21st most expensive postcode out of the 482 postcodes in the NE2 area.
NE2 1EU is a residential postcode located on Rosebery Crescent, Newcastle Upon Tyne, NE2 with 16 houses, 25 flats and 4 unknown within its bounds.
The most common property type in NE2 1EU is a mid-century flat built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to NE2 1EU is Manors station which is 1.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NE2 1EU, 33.3% of property is privately rented and 27.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 NE2 1EU, 34.6% of residents are recorded as possessing school level qualifications and 45.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE2 1EU, the average age was 32.1 and the most common age was 22.
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 NE2 1EU, 0.6% 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 NE2 1EU, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.