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Postcode Overview
of NE2 1EY
NE2 1EY is a residential postcode located on Selborne Gardens, Newcastle Upon Tyne, NE2. It is the 225th largest postcode in the NE2 area.
It contains 21 residential addresses consisting of 11 houses, 2 flats and 8 unknown and the most common type of property is a early-century house built between 1912 and 1935.
Average property prices
in NE2 1EY
The average house value is £387,284. Sales values have increased in the last 12 months by 3.1% and Rental values have increased by 9.7%.
Property sale values range from £151,288 for a leasehold flat, with 2 bedrooms split across 700 square feet of gross internal area and has no outside space to £443,155 for a freehold house, with 4 bedrooms split across 1,626 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE2 1EY is £295/ft2.
Properties achieve a rental yield of between 7.2% and 8.7%, and rental values range from £1,092 to £2,678 per month.
Recent sales
within NE2 1EY
The last sale was 03 Sep 2021 for £325,000 and since then the market in the area has increased by 11.3%. The postcode has had a total of 4 sales since 1995.
NE2 1EY has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby postcodes
to NE2 1EY
NE2 1EY is the 225th largest and the 342nd most expensive postcode out of the 482 postcodes in the NE2 area.
Nearby postcodes
to NE2 1EY
NE2 1EY is the 225th largest and the 342nd most expensive postcode out of the 482 postcodes in the NE2 area.
Property types
in NE2 1EY
NE2 1EY is a residential postcode located on Selborne Gardens, Newcastle Upon Tyne, NE2 with 11 houses, 2 flats and 8 unknown within its bounds.
The most common property type in NE2 1EY is a early-century house built between 1912 and 1935.
Energy Efficiency
of properties within NE2 1EY
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being E.
Schools nearby
to NE2 1EY
Public transport nearby
to NE2 1EY
The closest station to NE2 1EY is Manors station which is 1.6 kilometres away.
