NE2 1HR is a residential postcode located on Wolseley Gardens, Newcastle Upon Tyne, NE2. It is the 441st largest postcode in the NE2 area.
It contains 60 flats and 5 unknown and the most common type of property is a period flat built between 1800 and 1911.
The average house value is £189,771. Sales values have increased in the last 12 months by 2.7% and Rental values have increased by 9.3%.
Property sale values range from £144,260 for a leasehold flat, with 1 bedrooms split across 431 square feet of gross internal area and has a garden to £413,635 for a freehold house, with 4 bedrooms split across 1,292 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE2 1HR is £261/ft2.
Properties achieve a rental yield of between 6.4% and 8.5%, and rental values range from £1,023 to £2,652 per month.
The last sale was 30 Nov 2023 for £205,000 and since then the market in the area has increased by 5.7%. The postcode has had a total of 4 sales since 1995.
NE2 1HR has seen 4 sales in the last three years and 1 sale in the last twelve months.
NE2 1HR is the 441st largest and the 157th most expensive postcode out of the 482 postcodes in the NE2 area.
NE2 1HR is the 441st largest and the 157th most expensive postcode out of the 482 postcodes in the NE2 area.
NE2 1HR is a residential postcode located on Wolseley Gardens, Newcastle Upon Tyne, NE2 with 60 flats and 5 unknown within its bounds.
The most common property type in NE2 1HR is a period flat built between 1800 and 1911.
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to NE2 1HR 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 1HR, 40.9% of property is privately rented and 31.4% 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 1HR, 39.7% of residents are recorded as possessing school level qualifications and 52.5% 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 1HR, 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 1HR, 0.3% 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 1HR, 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.