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Postcode Overview

of NE2 1PW

NE2 1PW is a residential postcode located on Greystoke Gardens, Newcastle Upon Tyne, NE2. It is the 175th largest postcode in the NE2 area.

It contains 16 flats and the most common type of property is a mid-century flat built between 1936 and 1979.

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Average property prices

in NE2 1PW

The average house value is £130,348. Sales values have increased in the last 12 months by 2.0% and Rental values have increased by 8.3%.

Property sale values range from £122,879 for a leasehold flat, with 2 bedrooms split across 581 square feet of gross internal area and has no outside space to £133,727 for a leasehold flat, with 2 bedrooms split across 689 square feet of gross internal area and has no outside space.

Average £/ft2 for properties in NE2 1PW is £197/ft2.

Properties achieve a rental yield of between 9.2% and 9.5%, and rental values range from £977 to £1,024 per month.

Sale value change
12 months
2.0%
Rental value change
12 months
8.3%
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Recent sales

within NE2 1PW

The last sale was 22 Apr 2022 for £127,500 and since then the market in the area has increased by 4.1%. The postcode has had a total of 4 sales since 1995.

NE2 1PW has seen 3 sales in the last three years and no sales in the last twelve months.

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Nearby postcodes

to NE2 1PW

NE2 1PW is the 175th largest and the 50th most expensive postcode out of the 482 postcodes in the NE2 area.

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Nearby postcodes

to NE2 1PW

NE2 1PW is the 175th largest and the 50th most expensive postcode out of the 482 postcodes in the NE2 area.

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Property types

in NE2 1PW

NE2 1PW is a residential postcode located on Greystoke Gardens, Newcastle Upon Tyne, NE2 with 16 flats within its bounds.

The most common property type in NE2 1PW is a mid-century flat built between 1936 and 1979.

mid-century flat (16)
Energy Efficiency

Energy Efficiency

of properties within NE2 1PW

The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.

A (0)
E (0)
B (2)
F (0)
C (10)
G (0)
D (1)
No EPC (3)
Schools nearby

Schools nearby

to NE2 1PW

The nearest primary school to NE2 1PW is St Catherine's Catholic Primary School which is 100 metres away and is rated Good by Ofsted.
100 m
St Catherine's Catholic Primary School
Good
600 m
Hotspur Primary School
Good
700 m
St Teresa's Catholic Primary School, Heaton
Outstanding
The nearest secondary school is Jesmond Park Academy which is 1.2 kilometres away and is rated Good by Ofsted.
1.2 km
Jesmond Park Academy
Good
2.2 km
Benfield School
Requires improvement
2.4 km
North East Futures UTC
Requires improvement
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to NE2 1PW

The closest station to NE2 1PW is Manors station which is 1.4 kilometres away.

1.4 km
Manors
2.3 km
Newcastle
4.3 km
Heworth
4.9 km
Dunston
Source: National Rail


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