NE2 1LG is a residential postcode located on Starbeck Mews, Newcastle Upon Tyne, NE2. It is the 243rd largest postcode in the NE2 area.
It contains 16 houses and 7 unknown and the most common type of property is a modern house built after 1980.
The average house value is £254,863. Sales values have increased in the last 12 months by 4.7% and Rental values have increased by 11.2%.
Property sale values range from £172,645 for a leasehold house, with 1 bedrooms split across 570 square feet of gross internal area and has a garden to £299,786 for a leasehold house, with 4 bedrooms split across 1,604 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE2 1LG is £217/ft2.
Properties achieve a rental yield of between 8.3% and 10.5%, and rental values range from £1,508 to £2,070 per month.
The last sale was 05 Aug 2022 for £250,000 and since then the market in the area has increased by 3.8%. The postcode has had a total of 4 sales since 1995.
NE2 1LG has seen 3 sales in the last three years and no sales in the last twelve months.
NE2 1LG is the 243rd largest and the 254th most expensive postcode out of the 482 postcodes in the NE2 area.
NE2 1LG is the 243rd largest and the 254th most expensive postcode out of the 482 postcodes in the NE2 area.
NE2 1LG is a residential postcode located on Starbeck Mews, Newcastle Upon Tyne, NE2 with 16 houses and 7 unknown within its bounds.
The most common property type in NE2 1LG is a modern house built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to NE2 1LG is Manors station which is 1.0 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 1LG, 61.8% of property is privately rented and 15.3% is privately owned outright.
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 1LG, 46.8% of residents are recorded as possessing school level qualifications and 41.7% 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 1LG, 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 1LG, 0.0% 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 1LG, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.