NE2 1QY is a residential postcode located on Hutton Terrace, Jesmond, Newcastle Upon Tyne, NE2. It is the 273rd largest postcode in the NE2 area.
It contains 26 flats and 1 unknown and the most common type of property is a modern flat built after 1980.
The average house value is £148,526. 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 £127,708 for a leasehold flat, with 2 bedrooms split across 700 square feet of gross internal area and has no outside space to £177,525 for a leasehold flat, with 3 bedrooms split across 840 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in NE2 1QY is £248/ft2.
Properties achieve a rental yield of between 8.1% and 9.4%, and rental values range from £939 to £1,206 per month.
The last sale was 31 Jan 2024 for £162,000 and since then the market in the area has increased by 7.2%. The postcode has had a total of 4 sales since 1995.
NE2 1QY has seen 4 sales in the last three years and 2 sales in the last twelve months.
NE2 1QY is the 273rd largest and the 78th most expensive postcode out of the 482 postcodes in the NE2 area.
NE2 1QY is the 273rd largest and the 78th most expensive postcode out of the 482 postcodes in the NE2 area.
NE2 1QY is a residential postcode located on Hutton Terrace, Jesmond, Newcastle Upon Tyne, NE2 with 26 flats and 1 unknown within its bounds.
The most common property type in NE2 1QY is a modern flat 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 1QY is Manors station which is 1.1 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 1QY, 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 1QY, 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 1QY, 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 1QY, 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 1QY, 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.