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Postcode Overview
of NE2 1PD
NE2 1PD is a residential postcode located on Springbank Road, Newcastle Upon Tyne, NE2. It is the 456th largest postcode in the NE2 area.
It contains 73 residential addresses consisting of 28 houses, 38 flats and 7 unknown and the most common type of property is a period flat built between 1800 and 1911.
Average property prices
in NE2 1PD
The average house value is £177,878. Sales values have increased in the last 12 months by 3.3% and Rental values have increased by 9.9%.
Property sale values range from £120,204 for a leasehold flat, with 1 bedrooms split across 484 square feet of gross internal area and has no outside space to £396,785 for a freehold house, with 5 bedrooms split across 2,131 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE2 1PD is £234/ft2.
Properties achieve a rental yield of between 7.2% and 10.4%, and rental values range from £926 to £2,401 per month.
Recent sales
within NE2 1PD
The last sale was 20 Oct 2023 for £138,500 and since then the market in the area has increased by 4.4%. The postcode has had a total of 4 sales since 1995.
NE2 1PD has seen 4 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to NE2 1PD
NE2 1PD is the 456th largest and the 129th most expensive postcode out of the 482 postcodes in the NE2 area.
Nearby postcodes
to NE2 1PD
NE2 1PD is the 456th largest and the 129th most expensive postcode out of the 482 postcodes in the NE2 area.
Property types
in NE2 1PD
NE2 1PD is a residential postcode located on Springbank Road, Newcastle Upon Tyne, NE2 with 28 houses, 38 flats and 7 unknown within its bounds.
The most common property type in NE2 1PD is a period flat built between 1800 and 1911.
Energy Efficiency
of properties within NE2 1PD
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to NE2 1PD
Public transport nearby
to NE2 1PD
The closest station to NE2 1PD is Manors station which is 1.3 kilometres away.
